Trust Manager salary in Latvia

Average Yearly Salary of Trust Manager in Latvia is approximately 41,821 EUR (41,583 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 Trust Manager do?

A trust manager is responsible for overseeing and managing the assets and investments of a trust on behalf of beneficiaries. They work closely with clients to understand their financial goals and objectives, and develop strategies to protect and grow their wealth. Trust managers are knowledgeable in financial planning, investment management, and risk assessment to ensure that the trust's assets are allocated effectively and in line with the client's wishes. They also handle administrative tasks such as record-keeping, tax reporting, and compliance with legal and regulatory requirements. Trust managers need strong analytical and communication skills to effectively communicate complex financial concepts to clients and provide them with sound advice.

Skills: Trust management, Investment management, Financial planning, Asset allocation, Risk assessment, Client communication.
Job industry: Finance

How much does Trust Manager make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Trust Manager a well paid job?

Yes, our data show that Trust Manager 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 Trust Manager?

High salary for Trust Manager would be somewhere between 46,003 EUR and 60,640 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Trust Manager 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: 41,821 EUR
Estimated Monthly Salary: 3,485 EUR
Estimated Weekly Salary: 804 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as Trust Manager a person can save up to 2,605 USD per month or 31,263 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 Trust Manager

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.

Top 10 highest salaries in Latvia

Data as of 2025

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