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The differences between lead portfolio managers and cash 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 cash manager. Additionally, a lead portfolio manager has an average salary of $131,603, which is higher than the $93,363 average annual salary of a cash manager.
The top three skills for a lead portfolio manager include project management, financial models and customer satisfaction. The most important skills for a cash manager are customer service, cash management, and treasury.
| Lead Portfolio Manager | Cash Manager | |
| Yearly salary | $131,603 | $93,363 |
| Hourly rate | $63.27 | $44.89 |
| Growth rate | 17% | 17% |
| Number of jobs | 36,712 | 60,517 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 64% |
| 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.
A cash manager is responsible for monitoring cash flow, analyzing financial transactions, and allocating adequate budget and resources for every department's operations. Cash managers conduct data and statistical analysis to determine the company's expenses and financial loss and strategize techniques in minimizing those risks. They also help senior management in identifying business opportunities that would generate more revenue resources and increase profits for the business. A cash manager handles billing disputes, resolves account discrepancies, and submits accurate financial reports.
Lead portfolio managers and cash managers have different pay scales, as shown below.
| Lead Portfolio Manager | Cash Manager | |
| Average salary | $131,603 | $93,363 |
| Salary range | Between $83,000 And $207,000 | Between $66,000 And $130,000 |
| Highest paying City | San Francisco, CA | Redding, CA |
| Highest paying state | Alaska | California |
| Best paying company | Deutsche Bank | PVH |
| Best paying industry | Pharmaceutical | Manufacturing |
There are a few differences between a lead portfolio manager and a cash manager in terms of educational background:
| Lead Portfolio Manager | Cash Manager | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between lead portfolio managers' and cash managers' demographics:
| Lead Portfolio Manager | Cash Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 69.0% Female, 31.0% | Male, 38.2% Female, 61.8% |
| 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, 15.5% Asian, 8.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |