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How much do trainee institutional asset management jobs pay per year?

As of Aug 22, 2026, the average yearly pay for trainee institutional asset management in the United States is $43,530.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,000.00 and $51,000.00 per year, depending on experience, location, and employer.

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Trainee Institutional Asset Management jobs near you
Infographic showing various Trainee Institutional Asset Management job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $43,530 per year, or $20.9 per hour.

Associate General Counsel - Institutional Asset Management

Neuberger Berman Group LLC

New York, NY • On-site

$225K - $275K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago

Job description

Neuberger is a leading asset manager seeking an Investment Management Attorney to provide advice and support on a broad variety of legal, regulatory and general corporate matters for its institutional asset management business. The position will primarily support a U.S. registered investment adviser/commodities trading adviser with a broad range of strategies (equity, fixed income, multi-asset solutions) and products. This is an exceptional opportunity for a well-rounded investment management attorney who enjoys working in a collegial environment on many different sophisticated matters, seeks substantial business team and client contact, and is a team player. The position is located in Neuberger's New York City offices.
Responsibilities:
  • Structuring, forming, advising and providing ongoing support with respect to all aspects of private funds, including open-ended funds, closed-end funds and funds-of-one
  • Advising on the provision of investment advisory services to institutional separate account clients, including negotiating investment advisory agreements
  • Advising with respect to the structuring, development and distribution of products and investment vehicles in the U.S. and outside the U.S.
  • Negotiating agreements with service providers and counterparties
  • Reviewing requests for proposals ("RFPs"), client questionnaires and institutional marketing materials
  • Advising on public and private securities and loan trading issues
  • Working closely with the Legal and Compliance Department globally as well as other control functions
  • Supervising and working effectively with outside counsel

Qualifications:
  • At least 8-10 years' experience, including 5+ years within the fund formation group of a large law firm
  • Extensive knowledge of the Investment Advisers Act of 1940 and applicability of other regulatory frameworks to private funds, including the Investment Company Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934 and Commodity Exchange Act (and associated CFTC/NFA issues)
  • Familiarity with ERISA is preferred
  • Strong organizational skills and ability to multi-task
  • Ability to communicate effectively with senior management and investment professionals
  • Efficient and resourceful, able to work independently, handle multiple and changing priorities, and meet deadlines

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Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.
Compensation Details
The salary range for this role is $225,000-$275,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.
Neuberger is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com.
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