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The differences between portfolio administrators and 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 a branch manager. Additionally, a portfolio administrator has an average salary of $61,414, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a portfolio administrator include booking, securities and CDO. The most important skills for a branch manager are customer satisfaction, business development, and branch management.
| Portfolio Administrator | Branch Manager | |
| Yearly salary | $61,414 | $56,291 |
| Hourly rate | $29.53 | $27.06 |
| Growth rate | 17% | 17% |
| Number of jobs | 53,690 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 65% |
| 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.
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
Portfolio administrators and branch managers have different pay scales, as shown below.
| Portfolio Administrator | Branch Manager | |
| Average salary | $61,414 | $56,291 |
| Salary range | Between $34,000 And $110,000 | Between $39,000 And $80,000 |
| Highest paying City | Old Bridge, NJ | Oakland, CA |
| Highest paying state | New Jersey | Alaska |
| Best paying company | Citi | FNB |
| Best paying industry | Finance | Professional |
There are a few differences between a portfolio administrator and a branch manager in terms of educational background:
| Portfolio Administrator | Branch Manager | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between portfolio administrators' and branch managers' demographics:
| Portfolio Administrator | Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 59.8% Female, 40.2% |
| 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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |