What does a Portfolio Manager do?

A portfolio manager works closely with clients to manage their investment accounts. Duties include consulting and advising clients to develop investment objectives aimed to increase investment performance, creating reports on investment activity and performance, communicate effectively with clients regarding investment accounts, market conditions and economic trends. Career advancements for portfolio managers include progression to an executive or directorial role.

Almost all companies require portfolio managers to have a bachelor's degree in business, finance or a related field with a master's degree preferred. Successful candidates for this position often possess a strong understanding of financial investment strategies and risk management techniques. As the job requires communication with clients and customers, exceptional customer service and interpersonal skills are required. A physical ability to sit in front of a computer screen for long hours every day is also required.

  • Provide client consultation to develop investment objectives
  • Provide advice and guidance for investment opportunities to customers
  • Create reports on investment performance and activity
  • Communicate with clients about their accounts, market conditions and economic trends
  • Manage equity and bond portfolios with the aim of maximizing investment returns
  • Commensurate acceptable levels of risk based on client instructions
  • Handle financial products as required
  • Work together with investment research teams to identify investment opportunities
  • Master's degree in business, finance, investment or a related field preferred
  • Proven experience in investment and financial assets management as an analyst or assistant manager in a financial institution environment
  • Strong understanding of investment strategies and risk management
  • Excellent verbal and written communication skills
  • Strong analytical and problem-solving skills
  • High interest in and enthusiastic about economic and financial market trends
  • Exceptional customer service with a client focus
  • Flexible to travel to meet clients as required
  • Able to sit in front of the computer for long hours at a time

Average Years of Experience

0 - 1
7%
2 - 4
51%
5 - 7
21%
8+
21%

Common Skill Sets

Cloud
Business Units
IaaS
French Language
SaaS
Excellent Organizational
Influencing
Excellent Communication

Portfolio Manager Seniority Levels

L2
Portfolio Manager
$108,202/yr
Investment Banking Analyst
32% made the transition
Equity Research Analyst
13% made the transition
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Portfolio Manager Salaries

Average Base Pay

$108,202 /yr
Same as national average
Not including cash compensation
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$61K
Median: $108K
$192K
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Glassdoor Estimated Salary

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