The career of portfolio manager is considered a “destination job,” meaning that they do not have much room for advancement unless they decide to launch their own mutual fund company (although large firms may have senior portfolio manager positions). Some portfolio managers view the opportunity to earn more money, manage larger funds, or become well known in the industry as forms of advancement.
Portfolio managers have a wide range of skills that can translate into other financial sectors (such as hedge funds or wealth management for ultra-high-net-worth individuals). Some portfolio managers leave the mutual fund industry to work as consultants or college professors. Others manage the financial assets of a large business organization or college or university. These professionals are known as chief investment officers.
- Accountants
- Architects
- Assessors and Appraisers
- Auditors
- Chief Information Officers
- Commodities Brokers
- Compliance Managers
- Economists
- Financial Analysts
- Financial Consultants
- Financial Institution Officers and Managers
- Financial Institution Tellers, Clerks, and Related Workers
- Financial Planners
- Financial Quantitative Analysts
- Financial Services Brokers
- Interior Designers and Decorators
- Investment Fund Managers
- Investment Professionals
- Investment Underwriters
- Mutual Fund Accountants and Auditors
- Mutual Fund Analysts
- Mutual Fund Compliance Professionals
- Mutual Fund Customer Service Representatives
- Mutual Fund Financial Managers
- Mutual Fund Lawyers
- Mutual Fund Marketing Specialists
- Mutual Fund Risk Managers
- Mutual Fund Wholesalers
- Property and Real Estate Managers
- Real Estate Agents and Brokers
- Real Estate Clerks
- Real Estate Developers
- Real Estate Lawyers
- Real Estate Writers
- Regulatory Affairs Managers
- Regulatory Affairs Specialists
- Retirement Planners
- Statisticians
