How Many Jobs Are Available in Investment Managers and How to Find One

Investment managers are professionals who manage the assets and investments of individuals, institutions, or funds. They are responsible for developing and implementing investment strategies, conducting research and analysis, making buy and sell decisions, and monitoring the performance and risk of their portfolios. Investment managers can work in various sectors, such as banking, insurance, mutual funds, hedge funds, private equity, or real estate.

How Many Jobs Are Available in Investment Managers?

According to Zippia, a career website, there are approximately 326,000 jobs available in investment managers in the United States. These jobs include various roles and functions, such as portfolio managers, investment analysts, risk managers, compliance officers, and more. The industry is promising and expects steady growth due to several factors.

According to the U.S. Bureau of Labor Statistics (BLS), the employment of financial managers, which includes investment managers, is projected to grow by 16% from 2018 to 2028, much faster than the average for all occupations. The BLS attributes this growth to the increasing demand for financial services, the expansion of global financial markets, and the need for financial expertise in various industries.

The BLS also reports that the median annual wage for financial managers was $134,180 in May 2020, which is much higher than the median annual wage for all workers of $41,950. The highest-paying industries for financial managers were professional, scientific, and technical services; management of companies and enterprises; manufacturing; finance and insurance; and government.

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How to Find a Job in Investment Managers?

If you are looking for a job in investment managers, there are some steps you can take to prepare yourself and increase your chances of success. Here are some tips on how to find a job in investment managers:

• Educate yourself: Learn as much as you can about the investment management industry, its history, types, trends, challenges, and opportunities. You can read books, articles, reports, blogs, podcasts, and newsletters on the topic. You can also take courses, workshops, webinars, or certifications related to investment management.
• Network: Connect with people who work or have worked in the investment management industry, such as current or former employees, managers, investors, analysts, consultants, or advisors. You can use online platforms, such as LinkedIn, to find and reach out to them. You can also attend events, such as conferences, seminars, or meetups, where you can meet and interact with them. You can ask them for advice, referrals, recommendations, or insights on the investment management industry and its job opportunities.
• Apply: Search for job openings in investment managers that match your skills, qualifications, and interests. You can use online job boards, such as Indeed, to find and apply for them. You can also use your network to find out about any hidden or unadvertised jobs in the investment management industry. You can also contact the investment managers directly and express your interest in working for them.
• Prepare: Prepare yourself for the application and interview process by updating your resume and cover letter, highlighting your relevant skills and achievements. You can also prepare a portfolio of your previous work or projects related to investment management. You can also research the investment managers you are applying to and learn about their mission, vision, values, culture, and goals. You can also prepare some questions to ask them about their expectations, challenges, and opportunities.
• Impress: Impress the hiring managers and recruiters by demonstrating your enthusiasm, knowledge, and fit for the job and the investment manager. You can also showcase your communication, collaboration, and problem-solving skills. You can also follow up with them after the interview and thank them for their time and consideration.

Conclusion

Investment managers are professionals who manage the assets and investments of individuals, institutions, or funds. They are responsible for developing and implementing investment strategies, conducting research and analysis, making buy and sell decisions, and monitoring the performance and risk of their portfolios. Investment managers can work in various sectors, such as banking, insurance, mutual funds, hedge funds, private equity, or real estate.