Hedge fund administrators earned average salaries of $99,895 in 2024, according to ZipRecruiter.com. Salaries ranged from $27,500 to $181,500 or more.
Hedge fund accountants with one to three years of experience received salaries that ranged from $62,000 to $115,000 in 2024, according to ZipRecruiter.com. They earned median salaries of $82,623.
Hedge fund administration firms typically provide generous benefits. For example, State Street Alternative Investment Solutions, a top third-party HF administrator in terms of AUM, provides the following benefits to employees: comprehensive medical insurance, dental, and vision coverage; flexible spending accounts for healthcare, dependent care, and transportation needs; employee and family life insurance; a salary savings program, with 401(k) pre-tax and post-tax Roth options and a competitive company match; holiday and vacation pay; support for continuing education; flexible work schedules; personal financial planning seminars; and discounts to health and fitness clubs.