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Salaries in money management are likely to be mainly a result of performance. Starting analyst positions for undergraduates at leading mutual funds, pension funds and bank trust departments have salaries in the neighborhood of $20,000 to $40,000. According to the College Placement Council, the median salary in portfolio management for bachelor degree candidates recently was $23,982. Add $20,000 for MBA students. Salaries for experienced managers have been known to be in the millions. This is a business where ultimately performance matters. If you do well, you will be richly rewarded.
Median salary for financia planners in a recent job rankings issue was $55,100 amongst a survey of 200 businesses.The salary distribution in this business is highly skewed. The 90th percentile salary in financial planning was in excess of $150,000 per annum |