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The differences between investments managers and investment associates can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become an investments manager, becoming an investment associate takes usually requires 2-4 years. Additionally, an investment associate has an average salary of $127,205, which is higher than the $116,102 average annual salary of an investments manager.
The top three skills for an investments manager include private equity, due diligence and real estate. The most important skills for an investment associate are powerpoint, customer service, and client service.
| Investments Manager | Investment Associate | |
| Yearly salary | $116,102 | $127,205 |
| Hourly rate | $55.82 | $61.16 |
| Growth rate | 17% | 9% |
| Number of jobs | 42,946 | 39,012 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 79% |
| Average age | 46 | 40 |
| Years of experience | 8 | 4 |
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.
An investment associate's primary role is to review a company's financial data, recommend investment strategies, oversee the distribution of stocks, and calculate possible risks for business mergers. They also serve as a mediator during agreements between companies during takeovers, monitors stock inventory, sell stocks, and details all financial transactions. In the course of these responsibilities, an investment associate provides administrative support and timely response to client requests as needed, acting as an additional point of communication for clients.
Investments managers and investment associates have different pay scales, as shown below.
| Investments Manager | Investment Associate | |
| Average salary | $116,102 | $127,205 |
| Salary range | Between $68,000 And $198,000 | Between $72,000 And $222,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | Alaska | California |
| Best paying company | Netflix | Brookfield Properties |
| Best paying industry | Finance | Technology |
There are a few differences between an investments manager and an investment associate in terms of educational background:
| Investments Manager | Investment Associate | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 79% |
| Most common major | Business | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between investments managers' and investment associates' demographics:
| Investments Manager | Investment Associate | |
| Average age | 46 | 40 |
| Gender ratio | Male, 65.5% Female, 34.5% | Male, 60.2% Female, 39.8% |
| Race ratio | 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% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 11% | 7% |