Managing member vs managing director

The differences between managing members and managing directors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a managing director has an average salary of $129,690, which is higher than the $92,537 average annual salary of a managing member.

The top three skills for a managing member include financial statements, real estate and payroll. The most important skills for a managing director are healthcare, portfolio, and business development.

Managing member vs managing director overview

	Managing Member	Managing Director
Yearly salary	$92,537	$129,690
Hourly rate	$44.49	$62.35
Growth rate	6%	6%
Number of jobs	26,657	81,022
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 68%
Average age	47	44
Years of experience	-	6

What does a managing member do?

A managing member is an individual who has an ownership interest of a limited liability company (LLC) and is involved in its daily management. Managing members have an authoritative position that allows them to represent the company in contract negotiations and agree to the terms of a binding contract. They can purchase and sell properties owned by the company and can hire or terminate employees. Managing members also receive salaries and are not entitled to share in the profit or loss of the company.

What does a managing director do?

A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.

Managing member vs managing director salary

Managing members and managing directors have different pay scales, as shown below.

	Managing Member	Managing Director
Average salary	$92,537	$129,690
Salary range	Between $49,000 And $172,000	Between $72,000 And $233,000
Highest paying City	San Jose, CA	New York, NY
Highest paying state	Connecticut	New York
Best paying company	Memorial Sloan Kettering Cancer Center	Paul, Weiss, Rifkind, Wharton & Garrison
Best paying industry	Government	Finance

Differences between managing member and managing director education

There are a few differences between a managing member and a managing director in terms of educational background:

	Managing Member	Managing Director
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Managing member vs managing director demographics

Here are the differences between managing members' and managing directors' demographics:

	Managing Member	Managing Director
Average age	47	44
Gender ratio	Male, 69.2% Female, 30.8%	Male, 73.5% Female, 26.5%
Race ratio	Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 8.9% White, 65.5% American Indian and Alaska Native, 0.7%	Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between managing member and managing director duties and responsibilities

Managing member example responsibilities.

Founded, develop and manage a playwriting group for NYC playwrights.
Manage concurrent projects locate across multiple time zones during daytime and off-hours maintenance windows.
Manage marketing and social media marketing activities, as well as company's e-commerce business and daily operations.
Form and manage an LLC for the manufacturing, sales, and distribution of an extremely unique line of magnetic jewelry.
Manage a portfolio of web assets on a part-time basis including e-commerce, video production services and a San Antonio blog.
Manage the day to day operation/financial operations of Medicare certify home health agency.

Managing director example responsibilities.

Create and manage the social media presence via a festival page on Facebook.
Manage all consulting resources and have overall P/L responsibilities for the Atlanta office.
Manage the lessee and lessor relationships regarding exchange seat leases with major markets, such as NYSE, AMEX, CBOE.
Manage denials and expedite managed care appeals (reimbursement reconsideration).
Manage payroll processing for thousands of industrial temporary workers and bill respective clients.
Manage the Ketera SaaS relationship for IBM with engagement development and profitability responsibilities.

Managing member vs managing director skills

Common managing member skills

Financial Statements, 14%
Real Estate, 11%
Payroll, 8%
Business Development, 6%
Product Development, 5%
R, 4%

Common managing director skills

Healthcare, 7%
Portfolio, 7%
Business Development, 6%
Oversight, 6%
Project Management, 5%
Customer Service, 5%

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Managing Member
Managing Member vs Managing Director

Updated January 8, 2025

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