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The differences between portfolio administrators and administrators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a portfolio administrator, becoming an administrator takes usually requires 1-2 years. Additionally, an administrator has an average salary of $72,882, which is higher than the $61,414 average annual salary of a portfolio administrator.
The top three skills for a portfolio administrator include booking, securities and CDO. The most important skills for an administrator are customer service, data entry, and troubleshoot.
| Portfolio Administrator | Administrator | |
| Yearly salary | $61,414 | $72,882 |
| Hourly rate | $29.53 | $35.04 |
| Growth rate | 17% | 5% |
| Number of jobs | 53,690 | 67,553 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 56% |
| Average age | 46 | 43 |
| Years of experience | 8 | 2 |
A Portfolio Administrator oversees financial analysts to put into practice strategies capable of augmenting the organization's portfolio. They research and choose the portfolio's industries, products, and regions and update the stakeholders and management about these investment decisions. Other duties performed by portfolio administrators include writing reports, creating investment strategies, assessing financial information, and monitoring business trends. These professionals also identify market opportunities and risks and reorganize portfolios as required to meet all the financial goals.
Administrators are administrative professionals who oversee the whole office or department. They manage office activities and supervise administrative functions in the office. They work the office calendar and oversee the appointment-setting process. They coordinate office events and ensure that all preparations are made and that there are no conflicting schedules. They also maintain a database of external providers of various office needs. Administrators also oversee office supplies and prepare purchase requisitions. They also manage janitorial services and other functions that are related to the maintenance of the physical office space. Administrators ensure that all fixtures and equipment in the office are functioning well and have no problems.
Portfolio administrators and administrators have different pay scales, as shown below.
| Portfolio Administrator | Administrator | |
| Average salary | $61,414 | $72,882 |
| Salary range | Between $34,000 And $110,000 | Between $46,000 And $113,000 |
| Highest paying City | Old Bridge, NJ | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Citi | Apple |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a portfolio administrator and an administrator in terms of educational background:
| Portfolio Administrator | Administrator | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between portfolio administrators' and administrators' demographics:
| Portfolio Administrator | Administrator | |
| Average age | 46 | 43 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 36.0% Female, 64.0% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.3% American Indian and Alaska Native, 0.3% | Black or African American, 8.9% Unknown, 5.1% Hispanic or Latino, 12.6% Asian, 8.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 9% |