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Trust Manager salary in Norway

Average Yearly Salary of Trust Manager in Norway is approximately 2,040,834 NOK (185,461 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?

occupation personasA 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?

Salary details
How much does Trust Manager make?
Estimated Yearly Salary: 2,040,834 NOK
Estimated Monthly Salary: 170,070 NOK
Estimated Weekly Salary: 39,247 NOK per week
Estimated Hourly Salary: 981 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 1,969,682 NOK
Estimated Monthly Salary: 164,140 NOK
Estimated Weekly Salary: 37,879 NOK per week
Estimated Hourly Salary: 947 NOK per hour
Last revision of data: 2024-01-09



Trust Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 185,461 USD
Estimated Monthly Salary: 15,455 USD
Estimated Weekly Salary: 3,567 USD per week
Estimated Hourly Salary: 89 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.

Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Trust Manager job salary compared to average salary in Norway.
Comparison shows that a person working as Trust Manager in Norway earns on average:
2.09 times the average salary (or 209% of average salary).

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 2,244,917 NOK and 2,959,209 NOK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Trust Manager in Norway?

Living in Norway the approximate monthly expenses are: 3,820 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: 2,040,834 NOK
Estimated Monthly Salary: 170,070 NOK
Estimated Weekly Salary: 39,247 NOK per week
Estimated Hourly Salary: 981 NOK per hour
By working as Trust Manager a person can save up to 11,635 USD per month or 139,616 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 Norway, see costs of living in Norway.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Sweden, Finland, Russia, Denmark.
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

Sweden is 122,385 USDdown arrow 34%
Details on Trust Manager salary in Sweden
Finland is 105,874 USDdown arrow 43%
Details on Trust Manager salary in Finland
Russia is 24,974 USDdown arrow 87%
Details on Trust Manager salary in Russia
Denmark is 141,785 USDdown arrow 24%
Details on Trust Manager salary in Denmark
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 Norway

(10,937,756 NOK per year, pre-tax.)
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
(8,361,766 NOK per year, pre-tax.)
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)

Data as of 2025

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