With the rise of remote work, an increasing number of investment managers are working remotely. This provides great flexibility, but also leads many to wonder – how much can a remote investment manager make? Based on job postings and surveys, salaries for remote investment managers have a wide range, generally between $60,000 to over $300,000. The pay depends heavily on factors like years of experience, assets under management, and types of clients served.
Entry-level remote investment managers earn $60,000 to $90,000 on average
For those just starting out as investment managers, typical remote salaries tend to be on the lower end of the range. According to Glassdoor data, entry-level remote investment managers make around $60,000 to $90,000. This assumes 1-3 years of experience and limited assets under management. For example, the remote investment manager role posted by Sally Global Talent Acquisition indicates a salary around this level is common for junior team members. However, higher pay is possible for those managing crypto assets specifically, like the New York quantitative portfolio manager opening targeting over $1 million in PnL.
Mid-career remote investment managers earn $120,000 to $200,000 on average
With 5-10 years of investment management experience, remote salaries move higher. Surveys from recruitment firms like Robert Half and Michael Page suggest average pay between $120,000-$200,000 for mid-career remote investment managers. However, there is significant range based on assets under management and performance. Top performers managing hundreds of millions in assets for institutions or ultra high net worth clients could earn over $300,000 even at the mid-career level.
Experienced remote investment managers earn $200,000 to $300,000+, with some over $1 million
For seasoned remote investment managers with 10+ years of experience, pay reaches the top levels of the profession. On average, salaries range from $200,000 to $300,000. However, some managing billions in assets or generating exceptional returns earn total compensation over $1 million. For example, Bridgewater Associates offers investment managers profit sharing that can lead to seven-figure pay. Performance-based arrangements like this are common at elite hedge funds and asset management firms, especially for remote team members they want to retain.
In summary, remote investment manager salaries vary greatly but generally range from $60,000 to over $300,000 based primarily on experience and assets under management, with top performers able to earn seven figures in total compensation.