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The differences between asset managers and finance center managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an asset manager and a finance center manager. Additionally, an asset manager has an average salary of $85,814, which is higher than the $58,763 average annual salary of a finance center manager.
The top three skills for an asset manager include asset management, financial statements and property management. The most important skills for a finance center manager are customer service, exceptional client, and financial services.
| Asset Manager | Finance Center Manager | |
| Yearly salary | $85,814 | $58,763 |
| Hourly rate | $41.26 | $28.25 |
| Growth rate | 17% | 17% |
| Number of jobs | 64,732 | 151,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An asset manager is responsible for advising clients with their investment preferences and financial goals based on their assets' quantity and value. Asset managers regularly meet with their clients regarding their asset management's progress, recommending more investment options and considering the clients' needs. They manage financial portfolios and prepare stock market reports and forecasts as needed. An asset manager must have a broad knowledge of the financial industry and investment processes, identifying profit opportunities for long-term investment objectives.
The duties of a finance center manager depend on one's place or industry of employment. Typically, they are responsible for overseeing the operations of a financial center, ensuring everything is running smoothly. They are also responsible for performing clerical tasks such as producing progress reports and presentations, managing schedules, setting goals and deadlines, processing documents, and maintaining data and records of all financial activities. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
Asset managers and finance center managers have different pay scales, as shown below.
| Asset Manager | Finance Center Manager | |
| Average salary | $85,814 | $58,763 |
| Salary range | Between $59,000 And $123,000 | Between $33,000 And $104,000 |
| Highest paying City | New York, NY | - |
| Highest paying state | New York | - |
| Best paying company | Deutsche Bank | - |
| Best paying industry | Finance | - |
There are a few differences between an asset manager and a finance center manager in terms of educational background:
| Asset Manager | Finance Center Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between asset managers' and finance center managers' demographics:
| Asset Manager | Finance Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 64.3% Female, 35.7% | Male, 49.1% Female, 50.9% |
| Race ratio | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.9% White, 63.8% American Indian and Alaska Native, 0.3% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.0% White, 64.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |