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The differences between senior officers and portfolio 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 senior officer and a portfolio manager. Additionally, a portfolio manager has an average salary of $114,671, which is higher than the $72,721 average annual salary of a senior officer.
The top three skills for a senior officer include real estate, professional development and SR. The most important skills for a portfolio manager are portfolio management, customer service, and risk management.
| Senior Officer | Portfolio Manager | |
| Yearly salary | $72,721 | $114,671 |
| Hourly rate | $34.96 | $55.13 |
| Growth rate | 17% | 17% |
| Number of jobs | 84,196 | 43,192 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
The duties of a senior officer depend on their line of work or industry of employment. Typically, as a senior officer, it is their duty to supervise and coordinate staff, set goals and guidelines, manage budgets and schedules, gather and analyze data, and produce progress reports, presenting them to managers or executives. They may also address issues and concerns, resolving them promptly and efficiently. Furthermore, a senior officer must lead and encourage staff to reach goals while implementing the organization's policies and regulations.
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.
Senior officers and portfolio managers have different pay scales, as shown below.
| Senior Officer | Portfolio Manager | |
| Average salary | $72,721 | $114,671 |
| Salary range | Between $39,000 And $134,000 | Between $66,000 And $198,000 |
| Highest paying City | New York, NY | Stamford, CT |
| Highest paying state | New York | Connecticut |
| Best paying company | U.S. Securities and Exchange Commission | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a senior officer and a portfolio manager in terms of educational background:
| Senior Officer | Portfolio Manager | |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior officers' and portfolio managers' demographics:
| Senior Officer | Portfolio Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 67.6% Female, 32.4% | Male, 66.6% Female, 33.4% |
| Race ratio | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% | 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% |
| LGBT Percentage | 11% | 11% |