Fund managers at banks make an average of $140,000, while mutual fund managers at insurance companies make $175,000. Fund managers at brokerage firms make $222,000, and mutual fund companies' mutual fund managers make an average of $436,500.
An asset management company invests pooled funds from clients, putting the money to work through different investments including stocks, bonds, real estate, limited partnerships, and cryptocurrencies.
With a structure asset management framework in place, organizations will realize these and other benefits:
You will usually need at least an undergraduate degree to get into asset management. There is no education requirement across the board but, a degree is certainly an advantage.