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Portfolio Manager salaries

What the State of Minnesota pays people with the job title “Portfolio Manager” in fiscal year 2026, across all agencies.

Employees
8
FY 2026
Total paid
$1.9M
in FY 2026
Median paid
$237,003
base rate median $234,603
Average paid
$236,094
across 8 with pay
Highest paid
$246,454
Ndungu, Mercy

Median pay by fiscal year

Paid in year and annual base rate

$180K$200K$220K$240K$260K202420252026
Median paid in yearMedian annual base rate

Employees by fiscal year

People on the payroll at any time in the year

035810202420252026

Agencies with this job title

FY 2026, largest agencies by number of people; averages use the amount paid in the year

Most people
Highest average pay (3+ people)
Employees, FY 2026
NameAgencyBase payPaid ▼Overtime
Ndungu, MercyInvestment Board
Private Markets
$115.90 /hr$246,454—
Pechacek, Sheila EmilyInvestment Board
Private Markets & Active Eq
$117.34 /hr$243,544—
Covich, DanielInvestment Board
Public Markets
$117.34 /hr$243,544—
Weber, Jeffrey DInvestment Board
Private Markets
$112.07 /hr$238,155—
Griga, Aaron DInvestment Board
Private Markets & Active Eq
$113.51 /hr$235,851—
Blumenshine, Nathan TroutmanInvestment Board
Fixed Income
$112.07 /hr$232,966—
Velasquez, David JohnInvestment Board
ActivePublicEquitie
$110.63 /hr$229,563—
Johnson, Timothy MarkInvestment Board
Public Markets
$105.36 /hr$218,678—

Each person counts once per fiscal year, agency and county (multiple positions combined, shown as “+ more”). “Paid” is the total paid during the fiscal year, including overtime and other pay; it is lower than the base rate for anyone who started, left or worked part time. “Base pay” is the rate on record.