Asset management is the management of assets for clients or institutions, which can include the analysis of investment options, the management of investment portfolios and the development of investment strategies.The goal is to maximize the return on invested funds while minimising risks.
In Germany, the average salary for an asset manager is about €62,600 gross per year. The starting salary ranges from €52,451 to €56,100, depending on the source and experience. The salary range varies between €55,600 and €75,400 per year, while other sources can give a wider range from €45,500 to €113,000 per year.
For a career in asset management, a degree in finance, business administration or economics is usually required, and many professionals also have an additional qualification, such as a CFA (Chartered Financial Analyst) or a similar certificate, which deepens their expertise.
There are many career opportunities in asset management. Starting as an analyst, you can work your way up to positions such as portfolio manager or asset manager. You can also take on leadership positions, leading teams or making strategic decisions. Many professionals also opt to specialize in certain asset classes or market segments.
