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Manager, asset management vs branch manager

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 vs branch manager overview

Manager, Asset ManagementBranch Manager
Yearly salary$84,570$56,291
Hourly rate$40.66$27.06
Growth rate17%17%
Number of jobs116,330333,883
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
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 a branch manager do?

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.

Manager, asset management vs branch manager salary

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

Manager, Asset ManagementBranch Manager
Average salary$84,570$56,291
Salary rangeBetween $49,000 And $145,000Between $39,000 And $80,000
Highest paying CityHartford, CTOakland, CA
Highest paying stateConnecticutAlaska
Best paying companyWillkie Farr & GallagherFNB
Best paying industryFinanceProfessional

Differences between manager, asset management and branch manager education

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

Manager, Asset ManagementBranch Manager
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Manager, asset management vs branch manager demographics

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

Manager, Asset ManagementBranch Manager
Average age4646
Gender ratioMale, 57.2% Female, 42.8%Male, 59.8% Female, 40.2%
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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between manager, asset management and branch 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.
  • Show more

Branch manager example responsibilities.

  • Manage and coordinate a high volume sales pipeline from beginning to closing while ensuring all RESPA regulations are met.
  • Warehouse operations plus office duties, A/P, A/R.
  • Support A/R, A/P, and provide data analyzation from 12 branches to assist with annual budgeting projections/forecasting.
  • Provide leadership for sales, customer service, operations, compliance, and ethics as branch manager of an in-store branch.
  • Educate staff in areas of bank secrecy, bank regulations, and internal audit policy.
  • Train agents and managers using office generate PowerPoint presentations, company flip charts and training videos.
  • Show more

Manager, asset management vs branch 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 branch manager skills
  • Customer Satisfaction, 8%
  • Business Development, 7%
  • Branch Management, 5%
  • Human Resources, 5%
  • Financial Statements, 5%
  • Performance Management, 4%

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