Median Compensation for Investment Professionals Down 22%

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 Association of Investment Management Professionals (AIMR) and Russell Reynolds Associates. This is the lowest compensation has been in five years, according to the survey.

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.

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