US PRIVATE INDUSTRY · NAICS 523940

Portfolio management and investment adviceAverage pay, explained.

Compare published payroll wages for covered private jobs in this industry. See its national average and available state figures with employment and establishment context.

2025 annual data2022 NAICSPrivate ownership
Average annual pay
$307,153
Payroll wages per covered job
Average weekly wage
$5,907
Native published weekly average
Average employment
522,613
Covered jobs, including part-time work
Average establishments
91,096
Reporting locations; not distinct companies

Read the pay definition first.

These are average payroll wages for covered private-sector jobs in the industry, including full-time and part-time work. They are not a median, an occupation-specific salary, an individual offer or a total compensation package. Employer benefits are excluded; the wage definition can include bonuses and certain stock-option payments. The coverage is private establishments in the QCEW program; public-sector employers and many self-employed workers are outside this selection. Different job mixes and hours worked affect comparisons. Broad industry groups and their detailed subindustries overlap; their employment counts must not be added together.

Understand Wages.fyi pay measurements →

How pay varies by state.

51 available state / DC records · 2025 · Covered private jobs

Native published averages · Withheld pay remains undisclosed
State / DCAverage annual payAverage weekly wageAverage employmentEstablishments
Alabama$141,701$2,7252,124638
Alaska$145,693$2,80227995
Arizona$155,902$2,9987,2962,370
Arkansas$131,941$2,5371,357580
California$354,128$6,81057,34011,256
Colorado$201,378$3,87314,7802,997
Connecticut$505,832$9,72815,8962,390
Delaware$142,783$2,7462,767410
District of Columbia, not unknown$366,048$7,0392,351401
Florida$296,128$5,69526,1047,212
Georgia$211,447$4,06611,2992,562
Hawaii$153,291$2,948498256
Idaho$133,040$2,5581,308639
Illinois$334,473$6,43221,9453,046
Indiana$134,988$2,5965,3181,364
Iowa$136,770$2,6303,448831
Kansas$156,760$3,0155,025903
Kentucky$119,979$2,3072,403797
Louisiana$127,911$2,4601,675681
Maine$186,321$3,5831,143351
Maryland$242,579$4,66510,3511,406
Massachusetts$386,746$7,43729,3162,368
Michigan$156,877$3,0176,9471,910
Minnesota$185,136$3,5608,0741,618
Mississippi$119,854$2,305649326

The coverage behind the number.

US Bureau of Labor Statistics · QCEW

2025 annual data · NAICS 523940 · 2022 classification · Private ownership · All establishment sizes.

Original official data archive
QCEW coverage and wage definitions

What remains unknown?

These averages do not reveal an individual worker’s base salary, experience level, bonus, hours, equity or benefits. Suppressed figures stay undisclosed. Employment counts are covered jobs, not unique people or anonymous Wages.fyi salary submissions.

Source period: 2025 annual average. Evidence acquired 2026-10-18.