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The differences between lead portfolio managers and branch 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 lead portfolio manager and a branch manager. Additionally, a lead portfolio manager has an average salary of $131,603, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a lead portfolio manager include project management, financial models and customer satisfaction. The most important skills for a branch manager are customer satisfaction, business development, and branch management.
| Lead Portfolio Manager | Branch Manager | |
| Yearly salary | $131,603 | $56,291 |
| Hourly rate | $63.27 | $27.06 |
| Growth rate | 17% | 17% |
| Number of jobs | 36,712 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 65% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A portfolio manager can be called a wealth manager responsible for developing and managing investment allocation for different clients. Their focus is on the critical aspect of investing money. Often, they work with individuals to assess and determine what strategy will be done for investment. They are the one who creates an investment package according to what the clients want. Also, this career provides security and protection for clients to ensure the return of investment.
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
Lead portfolio managers and branch managers have different pay scales, as shown below.
| Lead Portfolio Manager | Branch Manager | |
| Average salary | $131,603 | $56,291 |
| Salary range | Between $83,000 And $207,000 | Between $39,000 And $80,000 |
| Highest paying City | San Francisco, CA | Oakland, CA |
| Highest paying state | Alaska | Alaska |
| Best paying company | Deutsche Bank | FNB |
| Best paying industry | Pharmaceutical | Professional |
There are a few differences between a lead portfolio manager and a branch manager in terms of educational background:
| Lead Portfolio Manager | Branch Manager | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between lead portfolio managers' and branch managers' demographics:
| Lead Portfolio Manager | Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 69.0% Female, 31.0% | Male, 59.8% Female, 40.2% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.1% White, 63.4% American Indian and Alaska Native, 0.3% | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |