Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between portfolio managers and property managers 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 manager, becoming a property manager takes usually requires 4-6 years. Additionally, a portfolio manager has an average salary of $114,671, which is higher than the $49,958 average annual salary of a property manager.
The top three skills for a portfolio manager include portfolio management, customer service and risk management. The most important skills for a property manager are customer service, property management, and financial reports.
| Portfolio Manager | Property Manager | |
| Yearly salary | $114,671 | $49,958 |
| Hourly rate | $55.13 | $24.02 |
| Growth rate | 17% | 3% |
| Number of jobs | 43,192 | 15,402 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 50% |
| Average age | 46 | 48 |
| Years of experience | 8 | 6 |
A portfolio manager is responsible for managing the clients' investment portfolios to advise them of the best investment plans to achieve their financial goals and objectives. Portfolio managers determine the most suitable options by evaluating the clients' credit score and risk potential and the client's financial background. A portfolio manager should be highly knowledgeable and updated with the recent financial industry changes to decide on investment plans with maximum returns.
Property managers are responsible for overseeing the real estate properties of their clients. They manage property rentals and leasing and ensure that the terms on these rentals are by what the owner is amenable to. Property managers act as the representative of their client during negotiations and deals. They also set rental prices and other finance-related items since they are familiar with how the market looks. Besides dealing with financial matters, they also manage administrative matters such as enforcing rules and policies, crafting reports, managing contractors, and drafting related documents.
Portfolio managers and property managers have different pay scales, as shown below.
| Portfolio Manager | Property Manager | |
| Average salary | $114,671 | $49,958 |
| Salary range | Between $66,000 And $198,000 | Between $34,000 And $72,000 |
| Highest paying City | Stamford, CT | New York, NY |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | The Citadel | Nokia |
| Best paying industry | Finance | Professional |
There are a few differences between a portfolio manager and a property manager in terms of educational background:
| Portfolio Manager | Property Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 50% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between portfolio managers' and property managers' demographics:
| Portfolio Manager | Property Manager | |
| Average age | 46 | 48 |
| Gender ratio | Male, 66.6% Female, 33.4% | Male, 38.1% Female, 61.9% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.6% American Indian and Alaska Native, 0.3% | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 11% | 12% |