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The differences between asset protection managers and asset managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an asset manager has an average salary of $85,814, which is higher than the $83,821 average annual salary of an asset protection manager.
The top three skills for an asset protection manager include customer service, loss prevention and CCTV. The most important skills for an asset manager are asset management, financial statements, and property management.
| Asset Protection Manager | Asset Manager | |
| Yearly salary | $83,821 | $85,814 |
| Hourly rate | $40.30 | $41.26 |
| Growth rate | 3% | 17% |
| Number of jobs | 62,727 | 64,732 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 68% |
| Average age | 47 | 46 |
| Years of experience | - | 8 |
In a company setting, an asset protection manager is primarily in charge of devising strategies to protect a company's financial assets. Their responsibilities revolve around performing research and analysis to identify client needs, developing security structures to prevent theft and other illegal activities within the company, performing risk assessments, and conducting thorough investigations on any reported discrepancies. Furthermore, as an asset protection manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
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.
Asset protection managers and asset managers have different pay scales, as shown below.
| Asset Protection Manager | Asset Manager | |
| Average salary | $83,821 | $85,814 |
| Salary range | Between $51,000 And $137,000 | Between $59,000 And $123,000 |
| 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 protection manager and an asset manager in terms of educational background:
| Asset Protection Manager | Asset Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 68% |
| Most common major | Criminal Justice | Business |
| Most common college | - | Stanford University |
Here are the differences between asset protection managers' and asset managers' demographics:
| Asset Protection Manager | Asset Manager | |
| Average age | 47 | 46 |
| Gender ratio | Male, 75.4% Female, 24.6% | Male, 64.3% Female, 35.7% |
| Race ratio | Black or African American, 15.4% Unknown, 4.9% Hispanic or Latino, 19.0% Asian, 2.8% White, 56.7% American Indian and Alaska Native, 1.2% | 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% |
| LGBT Percentage | 7% | 11% |