Investment Fund Managers
Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.
- O*NET-SOC code
11-3031.03 - Preparation Job Zone Five: Extensive Preparation Needed
Wages
BLS doesn't publish wages for Investment Fund Managers separately. These are the figures for Financial Managers (11-3031), its parent occupation.
Median annual wage, U.S.$166,570
Employment, U.S.841,710
Median hourly wage$80.08
| 10th | 25th | Median | 75th | 90th |
|---|---|---|---|---|
| $94,310 | $125,490 | $166,570 | $219,980 | $323,270 |
By state (51)
| State | Employment | Median annual | Location quotient |
|---|---|---|---|
| Alabama | 7,200 | $140,500 | 0.63 |
| Alaska | 2,020 | $127,030 | 1.14 |
| Arizona | 14,900 | $139,830 | 0.85 |
| Arkansas | 7,120 | $116,570 | 1.01 |
| California | 93,310 | $180,770 | 0.95 |
| Colorado | 10,640 | $182,690 | 0.68 |
| Connecticut | 20,040 | $174,830 | 2.18 |
| Delaware | 2,810 | $181,580 | 1.07 |
| District of Columbia | 8,930 | $188,880 | 2.35 |
| Florida | 48,910 | $153,280 | 0.91 |
| Georgia | 21,390 | $166,790 | 0.81 |
| Hawaii | 3,790 | $134,210 | 1.12 |
| Idaho | 3,120 | $127,210 | 0.67 |
| Illinois | 52,720 | $165,880 | 1.60 |
| Indiana | 12,560 | $135,840 | 0.73 |
| Iowa | 9,130 | $133,320 | 1.08 |
| Kansas | 5,190 | $159,380 | 0.67 |
| Kentucky | 6,630 | $130,650 | 0.61 |
| Louisiana | 7,070 | $126,800 | 0.68 |
| Maine | 3,120 | $133,610 | 0.90 |
| Maryland | 19,770 | $158,750 | 1.32 |
| Massachusetts | 26,150 | $206,760 | 1.33 |
| Michigan | 22,490 | $139,370 | 0.94 |
| Minnesota | 16,680 | $163,410 | 1.04 |
| Mississippi | 3,470 | $111,390 | 0.55 |
| Missouri | 13,330 | $143,460 | 0.84 |
| Montana | 1,510 | $131,060 | 0.55 |
| Nebraska | 5,630 | $140,360 | 1.02 |
| Nevada | 8,090 | $132,490 | 0.96 |
| New Hampshire | 4,330 | $144,730 | 1.17 |
| New Jersey | 32,510 | $199,110 | 1.40 |
| New Mexico | 2,530 | $133,700 | 0.54 |
| New York | 80,810 | $219,880 | 1.54 |
| North Carolina | 22,460 | $166,780 | 0.84 |
| North Dakota | 2,140 | $135,890 | 0.92 |
| Ohio | 27,360 | $140,870 | 0.91 |
| Oklahoma | 6,670 | $132,460 | 0.72 |
| Oregon | 7,610 | $156,460 | 0.71 |
| Pennsylvania | 32,180 | $145,610 | 0.98 |
| Rhode Island | 2,570 | $166,940 | 0.95 |
| South Carolina | 9,020 | $136,160 | 0.72 |
| South Dakota | 1,000 | $159,700 | 0.40 |
| Tennessee | 17,630 | $141,010 | 0.99 |
| Texas | 71,870 | $164,860 | 0.94 |
| Utah | 8,860 | $150,450 | 0.94 |
| Vermont | 1,790 | $128,690 | 1.09 |
| Virginia | 20,850 | $185,220 | 0.94 |
| Washington | 12,930 | $174,840 | 0.67 |
| West Virginia | 2,610 | $113,140 | 0.69 |
| Wisconsin | 15,530 | $139,720 | 0.98 |
| Wyoming | 730 | $124,910 | 0.48 |
Similar occupations
Similarity is our measure: the cosine of importance x level over all 120 O*NET skills, knowledge areas and abilities. It is not an O*NET finding. More.
Circles are the 20 most similar occupations, coloured by Job Zone. Lines join pairs where one is among the other's 10 most similar; darker lines are pairs O*NET also lists as related. Drag a circle to move it out of the way; select one to open it.
| # | Occupation | Job Zone | Similarity |
|---|---|---|---|
| 1 | Securities, Commodities, and Financial Services Sales Agents | 4 | 0.969 |
| 2 | Accountants and Auditors | 4 | 0.968 |
| 3 | Personal Financial Advisors | 4 | 0.966 |
| 4 | Credit Analysts | 4 | 0.965 |
| 5 | Economists | 5 | 0.963 |
| 6 | Financial Examiners | 4 | 0.961 |
| 7 | Insurance Underwriters | 4 | 0.958 |
| 8 | Loan Officers | 4 | 0.958 |
| 9 | Budget Analysts | 4 | 0.956 |
| 10 | Business Intelligence Analysts | 4 | 0.954 |
One skill away
Among the 50 occupations most similar to Investment Fund Managers, those at the same Job Zone or lower, where exactly one skill rated at least 3 in importance needs a level more than 0.75 points higher (on O*NET's 0-7 level scale). Our definition. Change the thresholds.
| Occupation | Skill to build | Level gap | Similarity |
|---|---|---|---|
| Securities, Commodities, and Financial Services Sales Agents | Management of Financial Resources | 2.75 | 0.969 |
| Personal Financial Advisors | Service Orientation | 0.88 | 0.966 |
| Budget Analysts | Management of Financial Resources | 3.88 | 0.956 |
| Financial Quantitative Analysts | Mathematics | 1.38 | 0.941 |
| Financial Managers | Management of Financial Resources | 3.62 | 0.939 |
| Compensation and Benefits Managers | Management of Financial Resources | 3.75 | 0.931 |
| Gambling Managers | Coordination | 1.00 | 0.924 |
| Cost Estimators | Management of Financial Resources | 3.62 | 0.922 |
Software to learn next
Software used by at least 3 of the 20 occupations most similar to Investment Fund Managers, excluding software Investment Fund Managers already lists and any you named. Ranked by how many of them use it, weighted by how much more common it is among them than across all occupations (lift). Our ranking.
| Software | Similar jobs using it | Lift |
|---|---|---|
| Microsoft Visual Basic | 11 of 20 | 5.3x |
| Microsoft Dynamics | 11 of 20 | 4.3x |
| Microsoft SQL Server | 10 of 20 | 4.9x |
| Microsoft Visual Basic for Applications VBA | 7 of 20 | 7.2x |
| Oracle PeopleSoft | 8 of 20 | 4.7x |
| Fund accounting software | 6 of 20 | 7.7x |
| LexisNexis | 7 of 20 | 5.7x |
| Fannie Mae Desktop Underwriter | 3 of 20 | 46.2x |
| Oracle PeopleSoft Financials | 6 of 20 | 6.8x |
| Oracle E-Business Suite Financials | 6 of 20 | 6.2x |
Skills
From O*NET data. Importance is rated 1 to 5 and level 0 to 7.
| Skill | Type | Importance | Level |
|---|---|---|---|
| Reading Comprehension | Essential skill | 4.00 | 4.25 |
| Active Listening | Essential skill | 4.00 | 4.12 |
| Critical Thinking | Essential skill | 4.00 | 4.00 |
| Judgment and Decision Making | Transferable skill | 3.88 | 4.25 |
| Speaking | Essential skill | 3.88 | 4.12 |
| Active Learning | Essential skill | 3.75 | 3.88 |
| Complex Problem Solving | Transferable skill | 3.75 | 3.88 |
| Writing | Essential skill | 3.62 | 3.88 |
| Monitoring | Essential skill | 3.50 | 4.00 |
| Systems Analysis | Transferable skill | 3.38 | 3.75 |
| Mathematics | Essential skill | 3.38 | 3.62 |
| Time Management | Transferable skill | 3.25 | 3.88 |
| Systems Evaluation | Transferable skill | 3.25 | 3.75 |
| Persuasion | Transferable skill | 3.12 | 3.50 |
| Coordination | Transferable skill | 3.12 | 3.12 |
| Negotiation | Transferable skill | 3.00 | 3.50 |
| Social Perceptiveness | Transferable skill | 3.00 | 3.38 |
| Instructing | Transferable skill | 3.00 | 2.88 |
| Management of Personnel Resources | Transferable skill | 2.88 | 3.38 |
| Learning Strategies | Essential skill | 2.88 | 3.12 |
| Service Orientation | Transferable skill | 2.88 | 3.00 |
| Management of Financial Resources | Transferable skill | 2.75 | not rated |
| Management of Material Resources | Transferable skill | 2.25 | not rated |
| Operations Analysis | Transferable skill | 2.00 | not rated |
| Technology Design | Transferable skill | 1.88 | not rated |
| Operations Monitoring | Transferable skill | 1.88 | 1.50 |
| Programming | Transferable skill | 1.75 | not rated |
| Quality Control Analysis | Transferable skill | 1.50 | not rated |
| Equipment Maintenance | Transferable skill | 1.00 | not rated |
| Equipment Selection | Transferable skill | 1.00 | not rated |
| Installation | Transferable skill | 1.00 | not rated |
| Operation and Control | Transferable skill | 1.00 | not rated |
| Repairing | Transferable skill | 1.00 | not rated |
| Science | Essential skill | 1.00 | not rated |
| Troubleshooting | Transferable skill | 1.00 | not rated |
Knowledge (33) and abilities (52)
| Name | Importance | Level |
|---|---|---|
| Economics and Accounting | 4.67 | 5.48 |
| English Language | 4.36 | 4.90 |
| Mathematics | 4.34 | 5.46 |
| Customer and Personal Service | 3.67 | 4.55 |
| Administration and Management | 3.19 | 4.67 |
| Law and Government | 3.14 | 3.64 |
| Computers and Electronics | 3.10 | 3.50 |
| Sales and Marketing | 3.01 | 4.07 |
| Education and Training | 2.56 | 3.10 |
| Communications and Media | 2.54 | 2.92 |
| Personnel and Human Resources | 2.38 | 3.08 |
| Psychology | 2.31 | 2.69 |
| History and Archeology | 2.09 | 2.42 |
| Geography | 1.95 | 2.21 |
| Sociology and Anthropology | 1.89 | 2.16 |
| Telecommunications | 1.89 | 1.67 |
| Administrative | 1.74 | 1.96 |
| Production and Processing | 1.63 | 1.39 |
| Transportation | 1.62 | 1.22 |
| Engineering and Technology | 1.52 | 1.18 |
| Public Safety and Security | 1.41 | 0.64 |
| Medicine and Dentistry | 1.35 | 0.82 |
| Physics | 1.27 | not rated |
| Therapy and Counseling | 1.27 | not rated |
| Foreign Language | 1.23 | not rated |
| Philosophy and Theology | 1.23 | not rated |
| Biology | 1.18 | not rated |
| Design | 1.18 | not rated |
| Fine Arts | 1.13 | not rated |
| Chemistry | 1.10 | not rated |
| Mechanical | 1.09 | not rated |
| Food Production | 1.03 | not rated |
| Building and Construction | 1.00 | not rated |
| Name | Importance | Level |
|---|---|---|
| Deductive Reasoning | 4.12 | 4.38 |
| Oral Comprehension | 4.00 | 4.38 |
| Written Comprehension | 4.00 | 4.38 |
| Oral Expression | 4.00 | 4.25 |
| Mathematical Reasoning | 3.88 | 4.25 |
| Inductive Reasoning | 3.88 | 4.12 |
| Information Ordering | 3.88 | 3.88 |
| Written Expression | 3.75 | 4.38 |
| Problem Sensitivity | 3.75 | 4.25 |
| Speech Clarity | 3.75 | 3.75 |
| Number Facility | 3.62 | 4.25 |
| Near Vision | 3.62 | 3.88 |
| Speech Recognition | 3.50 | 3.75 |
| Category Flexibility | 3.38 | 3.75 |
| Fluency of Ideas | 3.38 | 3.62 |
| Flexibility of Closure | 3.38 | 3.50 |
| Originality | 3.38 | 3.50 |
| Selective Attention | 3.12 | 3.25 |
| Perceptual Speed | 3.00 | 3.00 |
| Speed of Closure | 2.88 | 3.12 |
| Memorization | 2.88 | 3.00 |
| Far Vision | 2.88 | 2.88 |
| Visualization | 2.75 | not rated |
| Time Sharing | 2.75 | 2.88 |
| Finger Dexterity | 2.25 | 1.88 |
| Visual Color Discrimination | 2.12 | 1.75 |
| Auditory Attention | 2.12 | 1.50 |
| Hearing Sensitivity | 2.00 | 1.62 |
| Depth Perception | 1.62 | 0.88 |
| Arm-Hand Steadiness | 1.00 | not rated |
| Control Precision | 1.00 | not rated |
| Dynamic Flexibility | 1.00 | not rated |
| Dynamic Strength | 1.00 | not rated |
| Explosive Strength | 1.00 | not rated |
| Extent Flexibility | 1.00 | not rated |
| Glare Sensitivity | 1.00 | not rated |
| Gross Body Coordination | 1.00 | not rated |
| Gross Body Equilibrium | 1.00 | not rated |
| Manual Dexterity | 1.00 | not rated |
| Multilimb Coordination | 1.00 | not rated |
| Night Vision | 1.00 | not rated |
| Peripheral Vision | 1.00 | not rated |
| Rate Control | 1.00 | not rated |
| Reaction Time | 1.00 | not rated |
| Response Orientation | 1.00 | not rated |
| Sound Localization | 1.00 | not rated |
| Spatial Orientation | 1.00 | not rated |
| Speed of Limb Movement | 1.00 | not rated |
| Stamina | 1.00 | not rated |
| Static Strength | 1.00 | not rated |
| Trunk Strength | 1.00 | not rated |
| Wrist-Finger Speed | 1.00 | not rated |
Software used
Examples from O*NET data. "Hot" and "in demand" are O*NET flags for technologies often listed in job postings.
- Microsoft Excel in demand
- Microsoft Office software in demand
- Microsoft PowerPoint in demand
- Microsoft Access hot
- Microsoft Outlook hot
- Microsoft Power BI hot
- Microsoft Project hot
- Microsoft Visio hot
- Microsoft Word hot
- SAP software hot
- SAS hot
- Structured query language SQL hot
- Tableau hot
- Autodesk AutoCAD Blue Sky
- Financial accounting software
- Microsoft MapPoint
- Oracle Hyperion
- Oracle Hyperion Planning
- Portfolio analysis software
- ReadSoft
- Risk analysis software
- Statistical analysis software
- SunGard Financial Systems AddVantage
- Web browser software
Where it concentrates
BLS doesn't publish wages for Investment Fund Managers separately. These are the figures for Financial Managers (11-3031), its parent occupation.
Metro areas ranked by BLS location quotient: the occupation's share of the area's jobs divided by its share of all US jobs. Above 1 means more concentrated than the nation. Metros employing fewer than 100 are left out.
| Metro area | Employment | Location quotient | Median annual |
|---|---|---|---|
| Bridgeport-Stamford-Danbury, CT | 7,210 | 3.29 | $211,000 |
| Bloomington, IL | 1,400 | 2.93 | $156,240 |
| Hartford-West Hartford-East Hartford, CT | 7,540 | 2.32 | $170,310 |
| Trenton-Princeton, NJ | 2,460 | 1.89 | $184,800 |
| New York-Newark-Jersey City, NY-NJ | 89,960 | 1.75 | $221,010 |
| Des Moines-West Des Moines, IA | 3,800 | 1.74 | $154,140 |
| Chicago-Naperville-Elgin, IL-IN | 41,590 | 1.70 | $168,810 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 26,430 | 1.56 | $185,270 |
| Midland, MI | 310 | 1.52 | $173,080 |
| Boston-Cambridge-Newton, MA-NH | 21,650 | 1.48 | $209,780 |