U.S.-based equity portfolio managers topped the CFA Institute's
2007 Member Compensation Survey in median total compensation. Taking into account all levels of experience, the top three jobs with the highest median pay belong to equity portfolio managers with $456,000; followed by investment bankers, $275,000; and sell-side research analysts, $195,000, according to a
More than two-thirds of U.S. respondents (72 percent) saw an increase in total compensation from 2005 to 2006. Bonuses, findings showed, account for more than 25 percent of total compensation for investment executives and buy-side professionals, and more than half for sell-side research analysts, traders and sales people.
Respondents from New York City reported the highest levels of compensation across most levels of experience and occupations.
Charlottesville, Virginia-headquartered CFA Institute tapped Harris Interactive
to conduct the study, which had 8,970 U.S.-based respondents. The study also polled members in 10 other countries. In total, 13,500 CFA Institute members participated in the study.
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