Portfolio Manager Jobs in Phoenix, AZ

Phoenix, Arizona$154,500 USD/yearFull-timeTech Hub
Updated: April 2026Expert reviewed|Data sourced from BLS, Glassdoor, and industry reports

About Portfolio Manager Jobs in Phoenix

Looking for a Portfolio Manager job in Phoenix? You're in the right place. This guide covers everything you need to know about working as a Portfolio Manager in Phoenix, AZ.

We'll show you what you can expect to earn. We'll also share which companies are hiring. Plus, you'll learn about the cost of living and how to get started in your job search.

Phoenix has a strong job market for Portfolio Managers. Many employers are actively looking for talent. Read on to learn how to land your next role.

Portfolio Manager Salary in Phoenix

Entry Level
$87,550
Median
$154,500
Senior Level
$236,900

Portfolio Manager salaries in Phoenix are in line with national averages, offering competitive compensation for the region.

Purchasing power in Phoenix is comparable to the national average, with salaries appropriately scaled to local costs.

Required Skills

Investment AnalysisPortfolio ManagementRisk ManagementFinancial MarketsClient Relations

Portfolio Manager Job Market in Phoenix

Phoenix, AZ is a major regional employment hub for Portfolio Manager professionals. With a population of 1.7 million, the Phoenix-Mesa-Chandler metro area offers diverse opportunities across multiple industries. The city's strong Technology and Healthcare sectors create robust demand for Portfolio Manager talent. The market for Portfolio Manager positions remains stable, with opportunities in both established companies and growing organizations.

Top Companies Hiring Portfolio Managers in Phoenix

American ExpressDiscoverUSAACharles SchwabFreeport-McMoRan

Major employers hiring Portfolio Managers in Phoenix include American Express, Discover, USAA, Charles Schwab, and Freeport-McMoRan. The strong financial services presence creates consistent demand for experienced Portfolio Manager professionals, with competitive compensation packages. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.

Cost of Living for Portfolio Managers in Phoenix

Living in Phoenix as a Portfolio Manager means navigating a cost of living that's slightly above the national average. Average rent for a 1-bedroom apartment is approximately $1,600/month. At median Portfolio Manager salary, housing is quite affordable at 12% of gross income, leaving room for savings and lifestyle spending.

103
Cost Index (100=avg)
$1.6K
Avg Rent/Month
Yes
Tech Hub
Tier 2
Market Size

Commuting as a Portfolio Manager in Phoenix

Phoenix Limited public transit options; car recommended for most commutes. The average commute time is 25 minutes. Research employer-specific shuttle services. Consider living close to your workplace. Since transit options are limited, consider living close to your workplace or negotiating flexible hours to avoid peak traffic.

Best neighborhoods for Portfolio Managers in Phoenix: Downtown (Central business district with tech companies); Tech Park/Campus (Suburban office park developments). Downtown is particularly popular among Portfolio Manager professionals due to proximity to major employers and urban amenities.

Tax Considerations in Arizona

Arizona has moderate state income taxes. When evaluating offers, consider total compensation including benefits, not just base salary. Local cost of living typically has more impact on your finances than state tax differences.

Career Outlook for Portfolio Managers

The job outlook for Portfolio Managers in Phoenix is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. Phoenix's growing economy creates new positions regularly, often with less competition than coastal tech hubs. In-demand skills include Investment Analysis, Portfolio Management, Risk Management, Financial Markets.

Relocating to Phoenix

Be prepared for hot summers. Air conditioning is essential, and outdoor activities shift to mornings and evenings during summer months.

Frequently Asked Questions

What is the average Portfolio Manager salary in Phoenix, AZ?

The average Portfolio Manager salary in Phoenix, AZ is $154,500 per year. Entry-level Portfolio Managers typically start around $87,550, while experienced professionals can earn $236,900 or more. The national average for Portfolio Manager roles is $150,000.

How many Portfolio Manager jobs are available in Phoenix?

Phoenix has a strong job market with regular openings for Portfolio Manager professionals. Major employers hiring Portfolio Managers include American Express, Discover, USAA, Charles Schwab. The Technology and Healthcare sectors drive much of the demand in this market.

Is Phoenix a good city for Portfolio Managers?

Phoenix is an excellent choice for Portfolio Managers. As a major metro area, it offers abundant opportunities and competitive salaries. The cost of living is reasonable compared to major coastal cities. The city's technology industry creates strong demand for finance & accounting professionals.

What skills are most in-demand for Portfolio Managers in Phoenix?

Top skills for Portfolio Managers in Phoenix include Investment Analysis, Portfolio Management, Risk Management, Financial Markets, Client Relations. Employers value both technical expertise and soft skills like communication and teamwork.

What is the cost of living for Portfolio Managers in Phoenix?

Phoenix's cost of living is near the national average (103% of baseline). Average rent for a 1-bedroom apartment is approximately $1,600/month. Purchasing power in Phoenix is comparable to the national average, with salaries appropriately scaled to local costs.

How is the commute for Portfolio Managers in Phoenix?

Phoenix Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.

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