How much does an Asset management consultant earn in Canada?
The median annual Asset Management Manager salary in Canada is C$155,138, as of March 27, 2024, with a range usually between C$128,700-C$184,619 not including bonus and benefit information and other factors that impact base pay.
The average salary for Management Consultant is CA$1,02,888 per year in the Toronto, ON, Canada. The average additional cash compensation for a Management Consultant in the Toronto, ON, Canada is CA$8,331, with a range from CA$4,542 - CA$15,278.
The national average salary for a Asset management specialist is $75,667 in Canada.
Asset Management Salaries in Canada
The average salary for Asset Management is $91,616 per year in the Canada. The average additional cash compensation for a Asset Management in the Canada is $4,988, with a range from $2,446 - $10,171.
The highest paying company for a Management Consultant in Canada is McKinsey with an average total compensation of CA$283,425.
Salaries in this industry tend to be higher than average, reflecting the high demand in Canada for Business Management Consultants in 2023.
The average deloitte consulting salary in Canada is $164,251 per year or $84.23 per hour. Entry-level positions start at $131,930 per year, while most experienced workers make up to $175,021 per year.
Asset Manager salary in India ranges between ₹ 2.3 Lakhs to ₹ 16.0 Lakhs with an average annual salary of ₹ 6.5 Lakhs. Salary estimates are based on 1.2k latest salaries received from Asset Managers.
At the Portfolio Manager level, earning potential is around $1.0 – $1.5 million per year.
The estimated total pay range for a Asset Management Analyst at Goldman Sachs is £54K–£69K per year, which includes base salary and additional pay.
What is the average salary in Canada after Masters in management?
Master In Management Salaries in Canada. The average salary for Master In Management is $85,322 per year in the Canada. The average additional cash compensation for a Master In Management in the Canada is $9,038, with a range from $4,462 - $18,307.
In this industry, it's typical for an asset manager to be compensated with a fixed fee based on a percentage of the assets under management. The standard fee for asset managers is 1% of whatever is being invested. Some asset management funds also make money through a performance fee, similar to a bonus.
The average salary for Business Consultant is $81,794 per year in the Canada. The average additional cash compensation for a Business Consultant in the Canada is $9,250, with a range from $4,992 - $17,140.
Jobs in-demand in Canada include Assistant Nurse, Customer Service Representative, Project Manager, Pharmacy Technician, and Data Analyst across popular industries like Sales, Health Care, and Community Services.
A bachelor's degree or college diploma in business administration, commerce or a related discipline is usually required. A graduate degree in business administration may be required. Some establishments may require management consultants to be certified by a provincial management consulting association.
​​​Consultant is a generic term for someone who offers knowledge or expertise in a certain field for financial reward. Usually, these are working professionals who are regulated by their own professional associations and standards councils and do not require municipal licensing.
The average Senior Consultant base salary at Deloitte is CA$101K per year.
The average Deloitte salary ranges from approximately $15,036 per year (estimate) for a Data Modeler to $353,200 per year (estimate) for a Founder & Chief Technology Officer.
The highest paying role reported at Deloitte is Management Consultant at the Director level with a yearly total compensation of $330,600. This includes base salary as well as any potential stock compensation and bonuses. How much do Deloitte employees get paid?
Differences in work lifestyle
Asset managers can work up to 50 hours a week, while investment bankers are likely to work from 60 to 70 hours a week. Investment bankers and asset managers sometimes work weekends, depending on their workloads.
What company is the largest Asset Manager?
BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.
It is generally understood that Asset Managers and Wealth Managers earn more or less the same amount of money: in any given bank, an Asset Manager will charge the same amount as their counterparts in Wealth Management.
What Are the Different Types of Roles in Asset Management? Although it may not have quite the cachet of investment banking, asset management is still one of the most prestigious and desirable areas in finance.
A business or finance degree followed by an advanced MBA course would be ideal.
Investment banking typically requires greater sales skills while asset management requires greater quantitative and analytical skills. That said, the most successful professionals in either career have a good mix of both traits.