What is a Portfolio Administrator

A portfolio administrator is a financial analyst that is responsible for managing an organization's investments. Their job mainly revolves around researching and choosing regions, products, and industries for the portfolio and then presenting these investment options to the key stakeholders of the organization.

The job duties of a portfolio administrator typically include monitoring the performance of certain funds, creating projections for the portfolio, generating performance reports for clients, and overseeing communications. They may also be responsible for monitoring market trends, developing investment strategies, determining market risks, and reorganizing portfolios needed.

Anyone who wishes to become a portfolio administrator must have at least a bachelor's degree in business or finance. They may also pursue certifications or credentials to increase their chances of job placement and advancement, although most employers will not require this. Furthermore, they must have substantial experience in a lower-level or similar role to qualify for this position.

The salary of a portfolio administrator ranges from $36,000 to $57,000 per year. This salary depends on their employer, level of experience, and whether or not they have additional credentials.

There is more than meets the eye when it comes to being a Portfolio Administrator. For example, did you know that they make an average of $29.05 an hour? That's $60,429 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does a Portfolio Administrator Do

There are certain skills that many Portfolio Administrators have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Communication skills and Detail oriented.

Learn more about what a Portfolio Administrator does

How To Become a Portfolio Administrator

If you're interested in becoming a Portfolio Administrator, one of the first things to consider is how much education you need. We've determined that 81.2% of Portfolio Administrators have a bachelor's degree. In terms of higher education levels, we found that 8.3% of Portfolio Administrators have master's degrees. Even though most Portfolio Administrators have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Portfolio Administrator. When we researched the most common majors for a Portfolio Administrator, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Portfolio Administrator resumes include Associate Degree degrees or High School Diploma degrees.

You may find that experience in other jobs will help you become a Portfolio Administrator. In fact, many Portfolio Administrator jobs require experience in a role such as Internship. Meanwhile, many Portfolio Administrators also have previous career experience in roles such as Administrative Assistant or Customer Service Representative.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

And if you’re looking for a job, here are the five top employers hiring now:

  1. Morgan Stanley Jobs (10)
  2. Citigroup Jobs (9)
  3. BNP Paribas Jobs (9)
  4. State Street Jobs (267)
  5. Deutsche Bank Jobs (10)
Average Salary
$60,429
Average Salary
Job Growth Rate
16%
Job Growth Rate
Job Openings
59,979
Job Openings
resume document icon

Don't Have A Professional Resume?

0 selections

Portfolio Administrator Career Paths

Portfolio Administrator Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Portfolio Administrator

Portfolio Administrators in America make an average salary of $60,429 per year or $29 per hour. The top 10 percent makes over $95,000 per year, while the bottom 10 percent under $38,000 per year.
Average Salary
$60,429
Find Your Salary Estimate
How much should you be earning as an Portfolio Administrator? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.
See More Salary Information

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Choose From 10+ Customizable Portfolio Administrator Resume templates

Zippia allows you to choose from different easy-to-use Portfolio Administrator templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Portfolio Administrator resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume
Portfolio Administrator Resume

Portfolio Administrator Demographics

Portfolio Administrator Gender Statistics

female

52.1 %

male

47.9 %

Portfolio Administrator Ethnicity Statistics

White

67.3 %

Hispanic or Latino

13.9 %

Asian

9.7 %

Portfolio Administrator Foreign Languages Spoken Statistics

Spanish

34.9 %

French

14.5 %

Portuguese

6.0 %
Job Openings

Find the best Portfolio Administrator job for you

0 selections
0 selections

Portfolio Administrator Jobs You Might Like

Portfolio Administrator Education

Portfolio Administrator Majors

30.2 %
21.7 %

Portfolio Administrator Degrees

Bachelors

81.2 %

Masters

8.3 %

Associate

7.4 %

Top Colleges for Portfolio Administrators

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

10. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339
Job Openings

Find the best Portfolio Administrator job for you

0 selections
0 selections

Portfolio Administrator Jobs You Might Like

Online Courses For Portfolio Administrator That You May Like

Accounting & Financial Statement Analysis: Complete Training
udemy
4.6
(9,915)

Accounting & Financial Ratio Analysis made easy. Learn important accounting skills that will get your foot in the door!...

Equity Portfolio Management
edX (Global)

Equity Portfolio Management is a comprehensive survey of the key drivers and features of managing a portfolio of equities. This thorough and interactive online course offers students like you a detailed grounding in the full range of equity product categories and portfolio management techniques. You will leave this online class with a clear understanding of key products and investment management strategies used by portfolio managers, enhancing the opportunity for success in this increasingly...

Investment Analysis & Portfolio Management - Core Finance
udemy
4.5
(2,378)

Financial Analysis Done Right - Rigorously Analyse Investments & Manage Portfolios using Excel & Google Sheets...

Show More Portfolio Administrator Courses
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Portfolio Administrator

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 13.7% of Portfolio Administrators listed Private Equity on their resume, but soft skills such as Analytical skills and Communication skills are important as well.

Best States For a Portfolio Administrator

Some places are better than others when it comes to starting a career as a Portfolio Administrator. The best states for people in this position are New Jersey, New York, Connecticut, and Michigan. Portfolio Administrators make the most in New Jersey with an average salary of $98,208. Whereas in New York and Connecticut, they would average $91,551 and $88,896, respectively. While Portfolio Administrators would only make an average of $84,569 in Michigan, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Portfolio Administrator Jobs:
1,013
Highest 10% Earn:
$155,000
Location Quotient:
1.03
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Connecticut

Total Portfolio Administrator Jobs:
249
Highest 10% Earn:
$153,000
Location Quotient:
0.98
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Michigan

Total Portfolio Administrator Jobs:
537
Highest 10% Earn:
$147,000
Location Quotient:
0.9
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Portfolio Administrators

How Do Portfolio Administrator Rate Their Jobs?

Working as a Portfolio Administrator? Share your experience anonymously.
Do you work as a Portfolio Administrator?
Rate how you like work as Portfolio Administrator. It's anonymous and will only take a minute.

Top Portfolio Administrator Employers

Most Common Employers For Portfolio Administrator

RankCompanyZippia ScoreAverage Portfolio Administrator SalaryAverage Salary
1$134,325
2$129,235
3$99,021
4$89,644
5$85,769
6$83,950

Portfolio Administrator Videos