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The differences between managers, asset management and management accounts 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 management accounts manager. Additionally, a management accounts manager has an average salary of $91,681, 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 a management accounts manager are customer service, client facing, and project management.
| Manager, Asset Management | Management Accounts Manager | |
| Yearly salary | $84,570 | $91,681 |
| Hourly rate | $40.66 | $44.08 |
| Growth rate | 17% | 17% |
| Number of jobs | 116,330 | 113,871 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 69% |
| 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.
A management accounts manager is responsible for maintaining healthy business relationships with clients by handling their project accounts, improving account management procedures, and identifying business opportunities that would generate more revenue resources for the company. Management accounts managers compile portfolio reports, including how the client's account performs in the market and its financial stability. They also negotiate contracts, settle terms and agreements, and ensure the highest customer experience by implementing strategic plans to enhance the company's services.
Managers, asset management and management accounts managers have different pay scales, as shown below.
| Manager, Asset Management | Management Accounts Manager | |
| Average salary | $84,570 | $91,681 |
| Salary range | Between $49,000 And $145,000 | Between $66,000 And $125,000 |
| Highest paying City | Hartford, CT | Seattle, WA |
| Highest paying state | Connecticut | Washington |
| Best paying company | Willkie Farr & Gallagher | Meta |
| Best paying industry | Finance | Energy |
There are a few differences between a manager, asset management and a management accounts manager in terms of educational background:
| Manager, Asset Management | Management Accounts Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers, asset management' and management accounts managers' demographics:
| Manager, Asset Management | Management Accounts Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 57.2% Female, 42.8% | Male, 48.6% Female, 51.4% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |