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The differences between lead portfolio managers and lead managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a lead portfolio manager, becoming a lead manager takes usually requires 4-6 years. Additionally, a lead portfolio manager has an average salary of $131,603, which is higher than the $101,883 average annual salary of a lead manager.
The top three skills for a lead portfolio manager include project management, financial models and customer satisfaction. The most important skills for a lead manager are safety procedures, sales floor, and gross margin.
| Lead Portfolio Manager | Lead Manager | |
| Yearly salary | $131,603 | $101,883 |
| Hourly rate | $63.27 | $48.98 |
| Growth rate | 17% | 6% |
| Number of jobs | 36,712 | 385,395 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 52% |
| Average age | 46 | 44 |
| Years of experience | 8 | 6 |
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 lead manager is primarily in charge of overseeing the progress of a particular office or department. Although the responsibilities will vary depending on their industry, it will typically revolve around producing progress reports, reviewing documentation and transactions, managing the budget, procuring supplies, and devising strategies to generate leads and reach goals faster. Furthermore, as a lead manager, it is essential to spearhead projects and encourage staff, all while implementing the company's policies and regulations.
Lead portfolio managers and lead managers have different pay scales, as shown below.
| Lead Portfolio Manager | Lead Manager | |
| Average salary | $131,603 | $101,883 |
| Salary range | Between $83,000 And $207,000 | Between $73,000 And $140,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Alaska | Alaska |
| Best paying company | Deutsche Bank | Trulia |
| Best paying industry | Pharmaceutical | Retail |
There are a few differences between a lead portfolio manager and a lead manager in terms of educational background:
| Lead Portfolio Manager | Lead Manager | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between lead portfolio managers' and lead managers' demographics:
| Lead Portfolio Manager | Lead Manager | |
| Average age | 46 | 44 |
| Gender ratio | Male, 69.0% Female, 31.0% | Male, 54.2% Female, 45.8% |
| 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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 10% |