1

Asset Allocation Jobs in California (NOW HIRING)

next page

Showing results 1-20

Asset Allocation information

See California salary details

$23K

$96.7K

$195.4K

How much do asset allocation jobs pay per year?

As of Aug 17, 2026, the average yearly pay for asset allocation in California is $96,719.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,919.00 and $122,893.00 per year, depending on experience, location, and employer.

What does an asset allocation professional do?

An Asset Allocation job involves managing investment portfolios by strategically distributing assets across various categories like stocks, bonds, and cash to optimize returns while managing risk. Professionals in this role analyze market trends, assess risk tolerance, and adjust allocations to meet financial goals. They often work for investment firms, wealth management companies, or financial institutions, ensuring portfolios remain balanced and aligned with clients' objectives.

What are the key skills and qualifications needed to thrive in asset allocation?

To succeed in Asset Allocation, a solid understanding of investment principles, portfolio theory, risk management, and financial markets is required, usually supported by a degree in finance, economics, or a related field. Expertise with analytical tools such as Bloomberg Terminal, Morningstar Direct, and advanced Excel, as well as certifications like CFA, are highly valued. Strong analytical thinking, attention to detail, communication, and teamwork skills help professionals excel in collaborating with colleagues and clients. These abilities are crucial for making informed investment decisions, managing risk, and achieving optimal returns for portfolios.

Is asset allocation a good career path?

Asset allocation is a key role in finance that involves managing investment portfolios to balance risk and return. It requires strong analytical skills, knowledge of financial markets, and often certifications like the CFA. The field offers opportunities for advancement and can be financially rewarding for those with expertise and experience.

What job categories do people searching Asset Allocation jobs in California look for?

The top searched job categories for Asset Allocation jobs in California are:

What cities in California are hiring for Asset Allocation jobs?

Cities in California with the most Asset Allocation job openings:

Infographic showing various Asset Allocation job openings in California as of August 2026, with employment types broken down into 83% Full Time, 13% Part Time, 1% Temporary, and 3% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $96,719 per year, or $46.5 per hour.

Associate/ VP - Equities and Asset Allocation

PIMCO

Newport Beach, CA โ€ข On-site

$135K - $181K/yr

Full-time

Re-posted 9 days ago


Job description

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.
Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.
Equities and Asset Allocation
PIMCO's asset allocation approach is global, macro-driven, and risk-based, delivering dynamic, diversified multi-asset strategies across equities, fixed income, commodities, and alternatives. The investment process blends top-down macro views with bottom-up risk budgeting and quantitative tools to construct portfolios focused on durability and downside protection while pursuing attractive risk-adjusted returns. The Asset Allocation team brings together economists, portfolio managers, researchers, and quantitative analysts across global platforms to translate insights into disciplined, repeatable investment processes and client solutions.
We are looking for an investment professional to join the Asset Allocation team in our Newport Beach office and help scale our multi-asset investment processes.
Key Responsibilities
Macro Equity Tracking & Analysis
  • Monitor and report on global equity and cross-asset market trends.
  • Participate in systematic and discretionary idea generation.
Portfolio Management & Implementation
  • Support ongoing equity and asset allocation fund management process.
  • Develop and test proposals for new potential mandates and funds.
  • Collaborate with Risk and Analytics teams on portfolio tracking metrics.
  • Liaise with Portfolio Implementation and Trading for execution readiness.
Automation & Tooling
  • Develop scripts and utilities to automate reporting and monitoring.
  • Collaborate with Tech and Analytics on integration with databases, automation platforms, AI tools, reporting tools, and other firm systems.
Cross-Desk & Client Communication
  • Prepare updates for PM team and other internal desks, client-facing presentations, and published content.
  • Participate in client presentations and pitches.
Require ments:
  • Degree in Finance, Economics, Statistics, Computer Science, or related field.
  • 2-7 years of buy or sell side experience with exposure to multi-asset or systematic strategies, with a preference for equities.
  • Strong Python programming (data analysis, automation), experience with data manipulation and visualization.
  • Comfort with SQL and large datasets. Strong Excel and VBA.
  • Exposure to AI coding tools. Solid grounding in statistics and econometrics.
  • Understanding of portfolio construction concepts (TE, volatility, correlation). Ability to interpret macroeconomic and earnings data.
  • Clear communication skills, including the ability to distill complex information for non-technical audiences through strong writing and presentation capabilities. High level of organization, attention to detail, and effective collaboration across diverse teams.
PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.
Salary Range: $ 135,000.00 - $ 215,000.00
Equal Employment Opportunity and Affirmative Action Statement
PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.
Applicants with Disabilities
PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.