Working as a Portfolio Administrator

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 $38.03 an hour? That's $79,094 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.

When it comes to the most important skills required to be a Portfolio Administrator, we found that a lot of resumes listed 9.9% of Portfolio Administrators included Financial Statements, while 9.5% of resumes included Income Securities, and 6.5% of resumes included Asset Value. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the Portfolio Administrator job title. But what industry to start with? Most Portfolio Administrators actually find jobs in the Finance and Professional industries.

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 56.7% of Portfolio Administrators have a bachelor's degree. In terms of higher education levels, we found that 23.3% 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 Business degrees or Finance degrees. Other degrees that we often see on Portfolio Administrator resumes include Accounting degrees or Economics 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 Administrative Assistant. Meanwhile, many Portfolio Administrators also have previous career experience in roles such as Internship or Customer Service Representative.

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Average Salary$79,094
Job Growth Rate16%

Portfolio Administrator Jobs

Portfolio Administrator Career Paths

Top Careers Before Portfolio Administrator
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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 $79,094 per year or $38 per hour. The top 10 percent makes over $135,000 per year, while the bottom 10 percent under $46,000 per year.
Average Salary
$79,094

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Portfolio Administrator
Portfolio Administrator
Robert Half
Robert Half
06/03/2020
06/03/2020
$55,00006/03/2020
$55,000
Portfolio Administrator
Portfolio Administrator
Spherion
Spherion
05/07/2020
05/07/2020
$35,00005/07/2020
$35,000
CDO Portfolio Administrator
CDO Portfolio Administrator
Robert Half
Robert Half
04/03/2020
04/03/2020
$35,47904/03/2020
$35,479
CDO Portfolio Administrator
CDO Portfolio Administrator
Kelly Services
Kelly Services
02/21/2020
02/21/2020
$44,70402/21/2020
$44,704
CDO Portfolio Administrator
CDO Portfolio Administrator
Randstad
Randstad
02/21/2020
02/21/2020
$44,70402/21/2020
$44,704
See More Recent Salaries

Portfolio Administrator Demographics

Gender

Female

49.2 %

Male

46.1 %

Unknown

4.7 %
Ethnicity

White

60.8 %

Hispanic or Latino

14.8 %

Asian

10.9 %
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Foreign Languages Spoken

Spanish

34.9 %

French

14.5 %

Portuguese

6.0 %
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Entry Level Jobs For Becoming A Portfolio Administrator

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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, 9.9% of Portfolio Administrators listed Financial Statements 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 York, Hawaii, New Jersey, and California. Portfolio Administrators make the most in New York with an average salary of $97,178. Whereas in Hawaii and New Jersey, they would average $93,228 and $92,442, respectively. While Portfolio Administrators would only make an average of $86,091 in California, 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 Jersey

Total Portfolio Administrator Jobs:
186
Highest 10% Earn:
$166,000
Location Quotient:
1.35
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. New York

Total Portfolio Administrator Jobs:
273
Highest 10% Earn:
$174,000
Location Quotient:
1.17
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. Delaware

Total Portfolio Administrator Jobs:
19
Highest 10% Earn:
$149,000
Location Quotient:
1.3
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
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Top Portfolio Administrator Employers

1. State Street
4.3
Avg. Salary: 
$96,230
Portfolio Administrators Hired: 
268+
2. State Street Bank
3.9
Avg. Salary: 
$87,211
Portfolio Administrators Hired: 
119+
3. U.S. Bank
4.8
Avg. Salary: 
$43,726
Portfolio Administrators Hired: 
59+
4. The Bank of New York Mellon
4.9
Avg. Salary: 
$82,840
Portfolio Administrators Hired: 
34+
5. Bank of America
4.8
Avg. Salary: 
$56,114
Portfolio Administrators Hired: 
25+
6. Neuberger Berman
4.9
Avg. Salary: 
$114,029
Portfolio Administrators Hired: 
14+

Portfolio Administrator Videos

Recently Added Portfolio Administrator Jobs

Updated August 27, 2020