Hedge Fund Salaries: How Much Does Hedge Fund Pay In 2024? - Zippia (2024)

Hedge Fund salary estimate

$100,097yearly

$48.12 hourly rate

Entry-level salary

$58,000 yearly salary

Updated April 25, 2024

How much does Hedge Fund pay?

The average Hedge Fund salary in the United States is $100,097 per year. Hedge Fund salaries range between $58,000 a year in the bottom 10th percentile to $172,000 in the top 90th percentile. Hedge Fund pays $48.12 an hour on average. Geographic location also impacts Hedge Fund salaries. Hedge Fund employees in New York, NY get paid the most.

Highest paying jobs at Hedge Fund

The highest paying jobs at Hedge Fund are managing director, chief administrative officer, development director, and senior software engineer. Managing director jobs at Hedge Fund earn an average yearly salary of $241,141, Hedge Fund chief administrative officer jobs average $148,344, and Hedge Fund development director jobs average $137,131.

The lowest paying Hedge Fund roles include clerk and administrative receptionist. Hedge Fund clerk average salary is $31,801 per year. So while the average Hedge Fund salary is $100,097 there is a big variation in pay depending on the role.

Highest paying jobs at Hedge Fund

RankJob TitleAverage Hedge Fund SalaryHourly Rate
1Managing Director$241,141$115.93
2Chief Administrative Officer$148,344$71.32
3Development Director$137,131$65.93
4Senior Software Engineer$136,134$65.45
5Partner$132,294$63.60
6Controller, Vice President$130,203$62.60
7Developer$129,200$62.12
8President/Owner$119,308$57.36
9Economist$116,975$56.24
10Research Analyst$116,749$56.13
11Hedge Fund Trader$113,049$54.35
12Investment Advisor$110,503$53.13
13Compensation Manager$108,183$52.01
14Systems Administrator$105,799$50.86
15Project Manager$105,788$50.86
16Proprietary Trader$104,475$50.23
17Senior Writer$97,762$47.00
18Finance Analyst$95,139$45.74
19Finance Associate$89,963$43.25
20Consultant$86,325$41.50

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How much does Hedge Fund pay by location?

The average Hedge Fund salary varies by location. Hedge Fund salaries are the highest in New York, NY, at $118,832 per year. Hedge Fund pays the second highest average salary in Greenwich, CT, at $112,854 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest Paying Hedge Fund Locations

RankLocationAverage Hedge Fund SalaryHourly Rate
1New York, NY$118,832$57.13
2Greenwich, CT$112,854$54.26
3Chicago, IL$96,807$46.54

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Hedge Fund salaries by department

Salaries at Hedge Fund vary depending on the department you work in. Hedge Fund salaries in the corporate management department are the highest with an average salary of $140,080. Employees in the business development department at Hedge Fund receive relatively high salaries as well, with an average salary of $123,591 per year. Departments that don't pay as well at Hedge Fund include the administrative and the art/design organizational functions, with employees earning average salaries of $65,202 and $69,834, respectively.

Average Hedge Fund salary by department

RankDepartmentAverage Hedge Fund SalaryHourly Rate
1Corporate Management$140,080$67.35
2Business Development$123,591$59.42
3Engineering$121,511$58.42
4Research & Development$110,616$53.18
5Marketing$107,893$51.87
6Customer Service$106,620$51.26
7IT$106,500$51.20
8Finance$99,088$47.64
9Human Resources$97,493$46.87
10Sales$97,349$46.80
11Accounting$83,043$39.92
12Plant/Manufacturing$77,430$37.23
13Art/Design$69,835$33.57
14Administrative$65,203$31.35

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Best paying Hedge Fund finance salaries

RankPositionAverage Hedge Fund SalaryHourly Rate
1Portfolio Manager$177,802$85.48
2Equity Research Internship$123,545$59.40
3Economist$116,975$56.24
4Quantitative Analyst$116,629$56.07
5Hedge Fund Trader$113,049$54.35
6Assistant Treasurer$111,354$53.54
7Investment Advisor$110,503$53.13
8Proprietary Trader$104,475$50.23
9Finance Analyst$95,139$45.74
10Finance Associate$89,963$43.25
11Consultant$86,325$41.50
12Projects Controller$85,021$40.88

Best paying Hedge Fund research & development salaries

RankPositionAverage Hedge Fund SalaryHourly Rate
1Process Development Director$149,780$72.01
2Research Analyst$116,749$56.13
3Research Assistant$54,893$26.39

Best paying Hedge Fund administrative salaries

RankPositionAverage Hedge Fund SalaryHourly Rate
1Office Manager$84,808$40.77
2Executive Assistant$70,630$33.96
3Operations Administrator$66,502$31.97
4Administrative Assistant$39,314$18.90
5Administrative Receptionist$32,107$15.44
6Clerk$31,801$15.29

Hedge Fund competitors’ average salaries

Average salaries at Hedge Fund competitors, like Pacific Investment Management Company LLC, AQR Capital Management, and Nomura Securities, vary. Pacific Investment Management Company LLC employees earn the highest salaries, with an average yearly salary of $132,360. The average salary at AQR Capital Management is $121,656 per year, and the average salary at Nomura Securities is $115,227 per year.

Highest paying Hedge Fund competitors

RankCompany NameZippia ScoreAverage Salary
1Pacific Investment Management Company LLC4.9$132,360
2AQR Capital Management4.7$121,656
3Nomura Securities4.8$115,227
4Lazard4.9$104,731
5MSCI4.8$100,567
6Intellectual Ventures4.9$100,533
7IFC - International Finance4.5$97,121
8Credit Agricole CIB4.9$96,783
94.7$96,747
10William O'Neil + Co.4.4$95,685
11UBS4.9$92,119
12J.P. Morgan4.6$91,013
13Fortress Investment Group4.9$82,577
14Inter-American Development Bank4.2$80,880
15PFM4.7$75,875
16MKP Capital Management4.8$71,464
17ASSET CONSULTING GROUP4.2$71,411
184.4$68,415
19World Bank4.8$68,368
20Strategic Investment Group4.2$67,795

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  • Glenmede
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  • American Heritage
  • Valiant
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Hedge Fund Highest Paying Jobs

  • Managing Director
  • Chief Administrative Officer
  • Development Director
  • Senior Software Engineer
  • Partner
  • Controller, Vice President
  • Developer
  • President/Owner
  • Economist
  • Research Analyst
  • Hedge Fund Trader
  • Investment Advisor
  • Compensation Manager
  • Systems Administrator
  • Project Manager
  • Companies
  • Pennsylvania
  • Philadelphia, PA
  • Hedge Fund
  • Hedge Fund Salaries

Updated April 25, 2024

Zippia gives an in-depth look into the details of Hedge Fund, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Hedge Fund. The employee data is based on information from people who have self-reported their past or current employments at Hedge Fund. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Hedge Fund. The data presented on this page does not represent the view of Hedge Fund and its employees or that of Zippia.

Hedge Fund may also be known as or be related to HEDGE FUND SOLUTIONS LLC and Hedge Fund.


Hedge Fund Salaries: How Much Does Hedge Fund Pay In 2024? - Zippia (2024)
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