Hedge Fund Manager Salary in New York City is a very competitive industry. A few years ago hedge fund managers made more than $100 million per year. Today, they are making much more.
Hedge fund managers are in the top tier of the financial sector. But the New York City salary for one of them is the lowest.
The salary for a private equity manager, also a hedge fund manager, is $80,000 per year. It is even lower when you consider all the perks: A company car, unlimited expense accounts, and so on. But hedge fund managers earn less than $40,000 per year.
The Wall Street Journal reported that in a recent survey of hedge fund managers, only 11 percent plan to keep their jobs past their current age. And it turns out that the salary for a hedge fund manager is higher than other financial industry salaries. In fact, the Wall Street Journal says the median salary for a hedge fund manager was $107,000 in the fourth quarter of 2010. That is more than twice the median salary of a financial analyst.
I’m sure many hedge fund managers have families, but I don’t know of any who have families that are more than two or three generations apart, and I’m sure that’s rare too. But that’s a small sample size when you consider the number of hedge fund managers in the country, so the number of people who are affected is probably quite large.
No one is saying hedge fund managers need to be wealthy. This might be more of an issue for younger hedge fund managers who are still learning the ropes. Many hedge fund managers have families who are very well off, but I dont know of any hedge fund that has a family that is twice that of an investment banker.
What might affect the number of hedge fund managers is the fact that even though the majority of hedge fund managers are still young, the average age of a hedge fund manager is older. I think this is because they are still learning to operate in a very new field. It might also be because hedge fund managers have a hard time keeping up with the changes in the industry. Most hedge fund managers are still on the books at a younger than their years.
Hedge funds are not just for young money. In fact, the average age of a hedge fund manager is more than 30 years old. This is because hedge fund managers are still investing in companies that have more going for them than they do. This is where hedge fund managers get a large chunk of their money. Even though hedge fund managers are younger than investment bankers, they still take the risk and they still use the same techniques to make money.
Hedge funds are very much like any investment that you would take with you to the game store. You check out the latest fashions, get a few items, and then leave. There are many ways to get a return on your investment though. If you are a hedge fund manager, you might be able to take advantage of a new tax law which will allow you to take the first $50k in capital gains you make each year. This tax break will be available until 2022.
Hedge funds do have their own tax breaks. A hedge fund manager could take advantage of this tax break by having a portion of your profits in the form of a tax-free dividend. For example, if you earn 25% in 2011 and you make a 5% profit annually that year, then instead of paying 5% tax on your profits, you’d pay only 5% of the 5% profits as a tax-free dividend.