Wealth Management Managing Directors

Managing directors in the asset management industry earned median annual salaries of $152,225 in June 2025, according to PayScale.com. Salaries ranged from $49,000 to $216,000 or more. Those with one to four years of experience averaged $91,000 per year while those with five to nine years of experience earned about $160,000 per year. Experienced managing directors at large firms can earn $500,000 to $5 million or more (including bonuses).

Wealth management firms, especially large ones, offer a variety of exceptional benefits, including medical, dental, and vision insurance; annual performance-based incentives; tuition reimbursement, a 401(k) plan with a company match; life and disability insurance; and flexible work arrangements, among other benefits.