Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior portfolio managers 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 senior portfolio manager and a branch manager. Additionally, a senior portfolio manager has an average salary of $115,805, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a senior portfolio manager include portfolio management, risk management and project management. The most important skills for a branch manager are customer satisfaction, business development, and branch management.
| Senior Portfolio Manager | Branch Manager | |
| Yearly salary | $115,805 | $56,291 |
| Hourly rate | $55.68 | $27.06 |
| Growth rate | 17% | 17% |
| Number of jobs | 45,223 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 65% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A senior portfolio manager is responsible for evaluating the financial portfolios of clients to identify the best investment decisions accordingly. Senior portfolio managers conduct data and statistical analysis of the financial market performance to measure the value of financial instruments and funds. They manage the buying and selling of financial securities based on the clients' specifications and requirements and regularly following the market movement to meet the clients' best interests. A senior portfolio manager must have excellent analytical and leadership skills, especially in coordinating with portfolio analysts, to determine the best courses to minimize the clients' financial loss and risks.
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.
Senior portfolio managers and branch managers have different pay scales, as shown below.
| Senior Portfolio Manager | Branch Manager | |
| Average salary | $115,805 | $56,291 |
| Salary range | Between $67,000 And $199,000 | Between $39,000 And $80,000 |
| Highest paying City | Albany, NY | Oakland, CA |
| Highest paying state | Connecticut | Alaska |
| Best paying company | Legal & General Investment Management America | FNB |
| Best paying industry | Technology | Professional |
There are a few differences between a senior portfolio manager and a branch manager in terms of educational background:
| Senior Portfolio Manager | Branch Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between senior portfolio managers' and branch managers' demographics:
| Senior Portfolio Manager | Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 71.9% Female, 28.1% | Male, 59.8% Female, 40.2% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.1% White, 63.4% 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% |