Director Of Asset Management salary in Latvia

Average Yearly Salary of Director Of Asset Management in Latvia is approximately 51,384 EUR (51,253 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Director Of Asset Management do?

The Director of Asset Management is responsible for overseeing and managing a company's assets to ensure optimal performance and profitability. They develop and implement asset management strategies, policies, and procedures to maximize the value of the organization's assets while minimizing risks. The director collaborates with various departments to identify and evaluate asset acquisition opportunities, negotiate contracts, and monitor asset utilization. They lead a team of asset managers and analysts, providing guidance and support in asset evaluation, forecasting, and decision-making. The director also conducts regular audits to assess asset conditions, performance, and compliance with regulations. They analyze market trends and industry data to identify investment opportunities and make recommendations for asset diversification or disposal. Additionally, they maintain relationships with external stakeholders such as vendors, contractors, and regulatory bodies.

Skills: Director of Asset Management, Asset Management, Financial Planning, Risk Management, Investment Analysis, Strategic Planning
Job industry: Finance

How much does Director Of Asset Management make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Director Of Asset Management a well paid job?

Yes, our data show that Director Of Asset Management is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Director Of Asset Management?

High salary for Director Of Asset Management would be somewhere between 56,522 EUR and 74,507 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Of Asset Management in Latvia?

Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 51,384 EUR
Estimated Monthly Salary: 4,282 EUR
Estimated Weekly Salary: 988 EUR per week
Estimated Hourly Salary: 25 EUR per hour
By working as Director Of Asset Management a person can save up to 3,411 USD per month or 40,933 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Director Of Asset Management

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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