Portfolio Managers work for wealth management companies, foundations, insurance companies, hedge funds, pension funds, foundations and other organizations. They manage investment portfolios that may include stocks, bonds, mutual funds and commodities. Depending on their employer, a Portfolio Manager may manage portfolios for multiple individual or organizational clients or be responsible only for managing their employer’s own portfolio. When Portfolio Managers perform their job duties proficiently, they contribute to the financial success of their clients or employers, helping them earn favorable returns to grow their wealth and ensure compliance with federal laws to limit liabilities.