Investment Fund Managers in Puerto Rico
Considering working as an Investment Fund Managers in Puerto Rico? Below are the key facts. 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 Puerto Rico?
The investment fund managers working in Puerto Rico, the median annual wage is $79,440 per year (or about $38.19/hour).Pay can range from $46,230 at the 10th percentile to $159,750 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $46,230 | $22.23 |
| 25th percentile | $61,090 | $29.37 |
| Median (50th) | $79,440 | $38.19 |
| 75th percentile | $117,330 | $56.41 |
| 90th percentile | $159,750 | $76.81 |
Location quotient — how concentrated this career is in Puerto Rico relative to the national average — is 0.77, suggesting fewer investment fund managers per worker than the national average.
National Wage Comparison
Nationally, investment fund managers earn a median of $157,819 per year ($75.87/hour), below the Puerto Rico median.
Employment Outlook
There are roughly 162,886 investment fund managers in the U.S.. In Puerto Rico alone, approximately 3,830 people work in this role. That’s below the typical state, which employs around 7,950 investment fund managers.
Top Puerto Rico Metros for Investment Fund Managers
The largest metro-area employers of investment fund managers in Puerto Rico.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| San Juan-Bayamon-Caguas, PR | 3,200 | $81,990 |
| Ponce, PR | 170 | $70,000 |
| Aguadilla, PR | 130 | $72,450 |
| Mayaguez, PR | 130 | $64,990 |
| Arecibo, PR | 90 | $63,840 |
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
Key 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
Investment Fund Managers typically:
- 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
Technologies frequently used: Hot technologies: Microsoft Access, Microsoft Excel In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Related college programs include:
- Finance & Financial Management
- Accounting
- Business Administration & Management
- Data Analytics
- Accounting & Computer Science
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Related Careers
Other careers like 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