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Manager, asset management vs asset manager

The differences between managers, asset management and asset 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 manager, asset management and an asset manager. Additionally, an asset manager has an average salary of $85,814, which is higher than the $84,570 average annual salary of a manager, asset management.

The top three skills for a manager, asset management include asset management, process improvement and patient care. The most important skills for an asset manager are asset management, financial statements, and property management.

Manager, asset management vs asset manager overview

Manager, Asset ManagementAsset Manager
Yearly salary$84,570$85,814
Hourly rate$40.66$41.26
Growth rate17%17%
Number of jobs116,33064,732
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 68%
Average age4646
Years of experience88

What does a manager, asset management do?

A manager of asset management specializes in performing research and analysis to identify ideal asset investments for clients such as stocks, bonds, real estate, and other commodities. Their responsibilities revolve around liaising with clients to identify their needs and long-term goals, trading and managing investments upon clients' request or approval, assisting and monitoring asset acquisition, conducting risk analyses and assessments, and managing portfolios. Furthermore, as a manager, it is essential to lead and encourage the asset management team to reach goals, all while adhering to the company and clients' vision and mission.

What does an asset manager do?

An asset manager is responsible for advising clients with their investment preferences and financial goals based on their assets' quantity and value. Asset managers regularly meet with their clients regarding their asset management's progress, recommending more investment options and considering the clients' needs. They manage financial portfolios and prepare stock market reports and forecasts as needed. An asset manager must have a broad knowledge of the financial industry and investment processes, identifying profit opportunities for long-term investment objectives.

Manager, asset management vs asset manager salary

Managers, asset management and asset managers have different pay scales, as shown below.

Manager, Asset ManagementAsset Manager
Average salary$84,570$85,814
Salary rangeBetween $49,000 And $145,000Between $59,000 And $123,000
Highest paying CityHartford, CTNew York, NY
Highest paying stateConnecticutNew York
Best paying companyWillkie Farr & GallagherDeutsche Bank
Best paying industryFinanceFinance

Differences between manager, asset management and asset manager education

There are a few differences between a manager, asset management and an asset manager in terms of educational background:

Manager, Asset ManagementAsset Manager
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Manager, asset management vs asset manager demographics

Here are the differences between managers, asset management' and asset managers' demographics:

Manager, Asset ManagementAsset Manager
Average age4646
Gender ratioMale, 57.2% Female, 42.8%Male, 64.3% Female, 35.7%
Race ratioBlack or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.6% American Indian and Alaska Native, 0.3%Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.9% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between manager, asset management and asset manager duties and responsibilities

Manager, asset management example responsibilities.

  • Manage a $60MM budget including the direct management and oversight of multiple performing suppliers.
  • Lead process-engineering staff, responsible for creating and enhancing end-to-end SDLC business process for provisioning and network operations.
  • Manage all client communications including scheduling and management of governance meetings, status reporting and knowledge management activities using SharePoint.
  • Create various Hyperion reports and presentation decks for management teams.
  • Assist in determining appropriate level of revenue recognition in accordance with GAAP.
  • Maintain system controls, supervise and groom accounting teams to make sure they stay GAAP compliant.
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Asset manager example responsibilities.

  • Manage and improve the processes require to support server end of life and normal windows patching processes.
  • Manage a pipeline of assets/projects through the project life cycle of short sale/deed in lieu of foreclosure through closing.
  • Manage and facilitate IRB investigations of report non-compliance and/or scientific misconduct.
  • Recognize for financial acumen, successfully managing invoicing, vendor accounts, reconciliations, and target reports.
  • Manage commercial and multifamily REO portfolio preparing property operating plans to enhance value and marketability of REO asset
  • Trade structured product securities for accounts manage by other portfolio managers base on economic conditions and the needs of specific portfolios.
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Manager, asset management vs asset manager skills

Common manager, asset management skills
  • Asset Management, 12%
  • Process Improvement, 7%
  • Patient Care, 6%
  • Direct Reports, 6%
  • Oversight, 5%
  • Project Management, 5%
Common asset manager skills
  • Asset Management, 20%
  • Financial Statements, 7%
  • Property Management, 7%
  • Customer Service, 6%
  • Oversight, 5%
  • Loan Portfolio, 5%

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