Mutual Fund Marketing Specialists
Overview
Introduction
A mutual fund is a professionally managed investment pool that is sold to the public through the sale of shares representing an ownership interest. Mutual fund marketing specialists create and update marketing materials such as prospectuses, press releases, social media Web sites, and other types of communication. About 259,200 marketing managers and 681,900 market research analysts are employed in the United States. Only a small number work in the mutual fund industry.
Quick Facts
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
Marketing managers employed in the U.S. in May 2018 earned mean annual salaries of $117,130 in May 2018, according to the U.S. Department of Labor. Ten percent earned $69,840 or less and 10 percent earned $208,000 or more. Market research analysts had earnings that ranged from less than $34,310 to $121,080 or more. They earned a median salary of $63,120.
Marketing specialists usually rec...
Work Environment
The majority of marketing specialists work about 40 hours a week, although overtime may be necessary in order to meet project deadlines. The work atmosphere can be exciting, but sometimes stressful when deadlines loom or when there is disagreement about marketing strategies. Marketing specialists also spend time working alone writing press releases and reports, updating their firm’s social medi...
Outlook
Employment opportunities for marketing managers and market research analysts who are employed by securities, commodity contracts, and other financial investment firms are expected to grow much faster than the average for all careers through 2028, according to the U.S. Department of Labor.
Although demand is expected to be high as mutual fund companies increasingly compete for investors, ...