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The differences between portfolio administrators and assistant branch 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 portfolio administrator and an assistant branch manager. Additionally, a portfolio administrator has an average salary of $61,414, which is higher than the $49,913 average annual salary of an assistant branch manager.
The top three skills for a portfolio administrator include booking, securities and CDO. The most important skills for an assistant branch manager are quality customer service, branch management, and excellent organizational.
| Portfolio Administrator | Assistant Branch Manager | |
| Yearly salary | $61,414 | $49,913 |
| Hourly rate | $29.53 | $24.00 |
| Growth rate | 17% | 17% |
| Number of jobs | 53,690 | 37,800 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
An assistant branch manager's primary responsibility is to oversee the daily operations in their designated area, ensuring that everything is running smoothly from the workflow to the workforce. Although the tasks will vary depending on the organization or industry where one is involved, most of it will revolve around evaluating and monitoring employees' progress. Additional duties include responding to calls and inquiries, managing work schedules, and making sure that customers are satisfied with all services and transactions. Moreover, an assistant branch manager must also prioritize meeting the sales targets and staying within the allotted budget and deadlines.
Portfolio administrators and assistant branch managers have different pay scales, as shown below.
| Portfolio Administrator | Assistant Branch Manager | |
| Average salary | $61,414 | $49,913 |
| Salary range | Between $34,000 And $110,000 | Between $35,000 And $70,000 |
| Highest paying City | Old Bridge, NJ | San Francisco, CA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Citi | Centennial Bank |
| Best paying industry | Finance | Transportation |
There are a few differences between a portfolio administrator and an assistant branch manager in terms of educational background:
| Portfolio Administrator | Assistant Branch Manager | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between portfolio administrators' and assistant branch managers' demographics:
| Portfolio Administrator | Assistant Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 45.3% Female, 54.7% |
| 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, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |