Bank advisor vs bank manager

The differences between bank advisors and bank managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a bank advisor, becoming a bank manager takes usually requires 6-8 years. Additionally, a bank manager has an average salary of $96,910, which is higher than the $90,014 average annual salary of a bank advisor.

The top three skills for a bank advisor include financial services, CRM and client relationships. The most important skills for a bank manager are bank products, financial services, and business development.

Bank advisor vs bank manager overview

	Bank Advisor	Bank Manager
Yearly salary	$90,014	$96,910
Hourly rate	$43.28	$46.59
Growth rate	15%	17%
Number of jobs	49,437	66,136
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 64%
Average age	45	46
Years of experience	4	8

Bank advisor vs bank manager salary

Bank advisors and bank managers have different pay scales, as shown below.

	Bank Advisor	Bank Manager
Average salary	$90,014	$96,910
Salary range	Between $56,000 And $143,000	Between $65,000 And $142,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Accenture
Best paying industry	-	Finance

Differences between bank advisor and bank manager education

There are a few differences between a bank advisor and a bank manager in terms of educational background:

	Bank Advisor	Bank Manager
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Bank advisor vs bank manager demographics

Here are the differences between bank advisors' and bank managers' demographics:

	Bank Advisor	Bank Manager
Average age	45	46
Gender ratio	Male, 61.3% Female, 38.7%	Male, 48.9% Female, 51.1%
Race ratio	Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.3% White, 72.1% American Indian and Alaska Native, 0.1%	Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage	5%	11%

Differences between bank advisor and bank manager duties and responsibilities

Bank advisor example responsibilities.

Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
Carry out excellent profiling, cross-selling of all products, and explaining benefits to each client.
Utilize cross-selling techniques to sell the best product for each customer's needs.
Support banking and lending activity through leveraging securities to provide lending solutions for high net worth clients.
Analyze clients' securities portfolios to ensure diversification and margin ability for credit line/loan approval.
Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.

Bank manager example responsibilities.

Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
Collaborate with corporate training designers and facilitators to plan, develop and execute AML and KYC relate training.
Handle escalations in the absence of the FCM; ensure enterprise complaint tracking own resource management for the financial center.
Team up with FCM and regional recruiter in interview and hiring process.
Perform other jobs and relate projects as assigned including mentoring sales employees to exceed assign goals by Bancorp.
Monitor all banking operations according to the federal rules and regulations, including performing monthly audits, and following Bancorp standards.

Bank advisor vs bank manager skills

Common bank advisor skills

Financial Services, 21%
CRM, 14%
Client Relationships, 13%
Cross-Selling, 6%
Financial Solutions, 5%
Bank Products, 4%

Common bank manager skills

Bank Products, 7%
Financial Services, 7%
Business Development, 6%
Secrecy, 6%
Bank Secrecy Act, 6%
Community Involvement, 5%