Median Compensation for Investment Professionals Down 22%:Bonuses Take Biggest Hit, Falling 38%The median salary of investment professionals is $148,000, a 22% decline from $165,000 in 2001, according to a survey conducted by the
While base salaries have remained fairly constant, median cash bonuses have fallen 38%, from $50,000 two years ago to $30,800 this year.
Investment professionals responsible for overseeing global assets, particularly equities, experienced the sharpest decline in compensation. Global equities securities analysts median salaries fell 33%, from $230,000 to $155,000, for instance.
- However, investment professionals managing mutual fund assets earn a median salary of $191,000, 29% more than the industry median. And those with years of experience could also consider themselves fortunate, as investment professionals with five or more years of experience earn a median of $171,650, and those with 20 or more years of experience earn $205,000.
"AIMR members are seeing the realities of a market downturn reflect significantly in their levels of compensation," said Raymond DeAngelo, a senior vice president with AIMR.
The survey is based on responses from nearly 16,500 AIMR members.