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The differences between business relationship managers and investments managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a business relationship manager and an investments manager. Additionally, an investments manager has an average salary of $116,102, which is higher than the $87,741 average annual salary of a business relationship manager.
The top three skills for a business relationship manager include customer service, relationship management and cash management. The most important skills for an investments manager are private equity, due diligence, and real estate.
| Business Relationship Manager | Investments Manager | |
| Yearly salary | $87,741 | $116,102 |
| Hourly rate | $42.18 | $55.82 |
| Growth rate | 17% | 17% |
| Number of jobs | 114,003 | 42,946 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A business relationship manager is primarily responsible for improving the relationship between customers and businesses. Typically, it is their responsibility to develop strategies and business plans to strengthen client relationships, address issues and concerns, and perform corrective measures when necessary. There are instances when they have to reach out to clients through calls and correspondence, perform follow-up contacts to offer new services and opportunities, and provide industry advice or consultation. Furthermore, as a manager, it is essential to lead and encourage staff in the joint effort to reach target sales and improve client base.
The job of investment managers or fund managers is to help clients grow their money and achieve their financial and personal goals in life. Investment managers have a variety of responsibilities that often include handling all activities associated with managing client portfolios, monitoring performance measurement and transaction settlement, and determining the best strategy for investments. Also, you will be responsible for providing advice on investments and handling investments and investor decisions with discretion. As an investment manager, you are also expected to offer recommendations about investments.
Business relationship managers and investments managers have different pay scales, as shown below.
| Business Relationship Manager | Investments Manager | |
| Average salary | $87,741 | $116,102 |
| Salary range | Between $61,000 And $125,000 | Between $68,000 And $198,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | New Jersey | Alaska |
| Best paying company | AstraZeneca | Netflix |
| Best paying industry | Technology | Finance |
There are a few differences between a business relationship manager and an investments manager in terms of educational background:
| Business Relationship Manager | Investments Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business relationship managers' and investments managers' demographics:
| Business Relationship Manager | Investments Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 64.6% Female, 35.4% | Male, 65.5% Female, 34.5% |
| Race ratio | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |