Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between managers, asset management 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 manager, asset management and a branch manager. Additionally, a manager, asset management has an average salary of $84,570, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a manager, asset management include asset management, process improvement and patient care. The most important skills for a branch manager are customer satisfaction, business development, and branch management.
| Manager, Asset Management | Branch Manager | |
| Yearly salary | $84,570 | $56,291 |
| Hourly rate | $40.66 | $27.06 |
| Growth rate | 17% | 17% |
| Number of jobs | 116,330 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 65% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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.
Managers, asset management and branch managers have different pay scales, as shown below.
| Manager, Asset Management | Branch Manager | |
| Average salary | $84,570 | $56,291 |
| Salary range | Between $49,000 And $145,000 | Between $39,000 And $80,000 |
| Highest paying City | Hartford, CT | Oakland, CA |
| Highest paying state | Connecticut | Alaska |
| Best paying company | Willkie Farr & Gallagher | FNB |
| Best paying industry | Finance | Professional |
There are a few differences between a manager, asset management and a branch manager in terms of educational background:
| Manager, Asset Management | Branch Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between managers, asset management' and branch managers' demographics:
| Manager, Asset Management | Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 57.2% Female, 42.8% | Male, 59.8% Female, 40.2% |
| Race ratio | Black 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, 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% |