Investment Fund Managers in District of Columbia
Thinking about a career as an Investment Fund Managers in District of Columbia? Here’s what you need to know. Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment. Excludes “Financial Risk Specialists” (13-2054).
What do Investment Fund Managers Make in District of Columbia?
For a investment fund managers working in District of Columbia, the median annual wage is $181,210 per year (or roughly $87.12/hour).
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $129,010 | $62.02 |
| 25th percentile | $154,200 | $74.14 |
| Median (50th) | $181,210 | $87.12 |
| 75th percentile | $212,990 | $102.40 |
| 90th percentile | n/a | n/a |
Location quotient — how concentrated this career is in District of Columbia nationwide is 2.11, suggesting that investment fund managers are more concentrated here than the national average.
National Wage Comparison
Nationally, investment fund managers earn a median of $157,819 per year ($75.87/hour), above the District of Columbia median.
Employment Outlook
There are roughly 162,886 investment fund managers across the United States. In District of Columbia alone, around 7,950 people work in this role. That’s right around the typical state median of 7,950.
Top District of Columbia Metros for Investment Fund Managers
These are the District of Columbia metros with the most investment fund managers in District of Columbia.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 25,520 | $177,690 |
Top States for Investment Fund Managers Employment
These states have the highest employment of investment fund managers work.
| State | Number Employed |
|---|---|
| California | 96,860 |
| Texas | 67,580 |
| New York | 67,510 |
| Illinois | 53,400 |
| Florida | 47,710 |
| New Jersey | 32,370 |
| Pennsylvania | 31,750 |
| Ohio | 27,920 |
| Massachusetts | 27,690 |
| Georgia | 22,720 |
| North Carolina | 21,170 |
| Virginia | 20,590 |
| Connecticut | 20,200 |
| Maryland | 19,920 |
| Michigan | 19,690 |
| Tennessee | 18,650 |
| Minnesota | 16,520 |
| Arizona | 14,570 |
| Washington | 13,890 |
| Wisconsin | 13,750 |
Highest-Paying States for Investment Fund Managers
The highest-paying states for investment fund managers.
| State | Annual Median Salary |
|---|---|
| New York | $215,740 |
| New Jersey | $188,750 |
| District of Columbia | $181,210 |
| Massachusetts | $181,170 |
| Delaware | $180,050 |
| California | $174,920 |
| Colorado | $174,840 |
| Washington | $171,300 |
| Virginia | $170,290 |
| Connecticut | $169,730 |
Skills
The most important investment fund managers skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Important knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
Key abilities for investment fund managers, rated on an importance scale of 0 to 5:
Daily Tasks
Common tasks include:
- Manage investment funds to maximize return on client investments.
- Select specific investments or investment mixes for purchase by an investment fund.
- Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.
- Select or direct the execution of trades.
- Develop or implement fund investment policies or strategies.
- Perform or evaluate research, such as detailed company or industry analyses, to inform financial forecasting, decision making, or valuation.
- Present investment information, such as product risks, fees, or fund performance statistics.
- Develop, implement, or monitor security valuation policies.
- Meet with investors to determine investment goals or to discuss investment strategies.
- Attend investment briefings or consult financial media to stay abreast of relevant investment markets.
- Prepare for and respond to regulatory inquiries.
- Evaluate the potential of new product developments or market opportunities, according to factors such as business plans, technologies, or market potential.
Work Activities
- Getting Information
- Analyzing Data or Information
- Making Decisions and Solving Problems
- Processing Information
- Working with Computers
- Identifying Objects, Actions, and Events
- Communicating with Supervisors, Peers, or Subordinates
- Communicating with People Outside the Organization
- Organizing, Planning, and Prioritizing Work
- Updating and Using Relevant Knowledge
- Estimating the Quantifiable Characteristics of Products, Events, or Information
- Establishing and Maintaining Interpersonal Relationships
Tools & Technology
Common tools and software used in this occupation include: Hot technologies: Microsoft Access, Microsoft Excel In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Programs that train for this career include:
- Finance & Financial Management
- Accounting
- Business Administration & Management
- Data Analytics
- Accounting & Computer Science
Featured schools near , edit
Related Careers
Careers similar to investment fund managers include:
- Financial Managers
- Treasurers and Controllers
- Management Analysts
- Compensation, Benefits, and Job Analysis Specialists
- Market Research Analysts and Marketing Specialists
- Accountants and Auditors
Also Known As
Annual Fund Manager, Asset Management Manager, Asset Management Project Manager, Asset Manager, Digital Asset Manager, Financial Planning Director, Financial Planning Manager, Financial Planning and Analysis Finance Manager, Financial Planning and Analysis Manager, Fixed Income Portfolio Manager, Fixed Income Vice President (Fixed Income VP), Fund Administrator (Fund Admin), Hedge Fund Manager, Institutional Asset Manager, Investment Analysis Vice President (Investment Analysis VP).
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 11-3031.03
GradDegree.com provides higher-education, college and university, degree, program, career, salary, and other helpful information to students, faculty, institutions, and other internet audiences. Presented information and data are subject to change. Inclusion on this website does not imply or represent a direct relationship with the company, school, or brand. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. Contact the schools to verify any information before relying on it. Financial aid may be available for those who qualify. The displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© GradDegree.com – All Rights Reserved.