Transfer agent vs administrator

The differences between transfer agents and administrators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a transfer agent, becoming an administrator takes usually requires 1-2 years. Additionally, an administrator has an average salary of $72,882, which is higher than the $25,018 average annual salary of a transfer agent.

The top three skills for a transfer agent include customer service, inbound calls and outbound calls. The most important skills for an administrator are customer service, data entry, and troubleshoot.

Transfer agent vs administrator overview

	Transfer Agent	Administrator
Yearly salary	$25,018	$72,882
Hourly rate	$12.03	$35.04
Growth rate	10%	5%
Number of jobs	28,396	67,553
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 56%
Average age	43	43
Years of experience	6	2

Transfer agent vs administrator salary

Transfer agents and administrators have different pay scales, as shown below.

	Transfer Agent	Administrator
Average salary	$25,018	$72,882
Salary range	Between $18,000 And $33,000	Between $46,000 And $113,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	Washington
Best paying company	-	Apple
Best paying industry	-	Manufacturing

Differences between transfer agent and administrator education

There are a few differences between a transfer agent and an administrator in terms of educational background:

	Transfer Agent	Administrator
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 56%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Transfer agent vs administrator demographics

Here are the differences between transfer agents' and administrators' demographics:

	Transfer Agent	Administrator
Average age	43	43
Gender ratio	Male, 42.3% Female, 57.7%	Male, 36.0% Female, 64.0%
Race ratio	Black or African American, 5.6% Unknown, 4.1% Hispanic or Latino, 11.7% Asian, 11.6% White, 66.8% American Indian and Alaska Native, 0.2%	Black or African American, 8.9% Unknown, 5.1% Hispanic or Latino, 12.6% Asian, 8.8% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage	6%	9%

Differences between transfer agent and administrator duties and responsibilities

Transfer agent example responsibilities.

Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
Adhere to FDCPA regulations, federal, state and local law provisions.
Research inquiries and provide appropriate feedback including company policies, IRS regulations and compliance requirements.
Provide information to clients on Fidelityproducts, services, operational procedures, including 401k, transaction and NAV quotes.
Answer complex financial inquiries including, fund and market performance, taxation (cost basis, IRS forms, etc.
Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.

Administrator example responsibilities.

Develop a Perl script to manage the LDAP schema.
Hire and manage all receptionists and assistant MCA's.
Used all tools of Java stack in supporting and managing it.
Manage and process product orders on windows base on-line computer network system.
Manage ADP time system for technicians and approve time-off requests, supporting management.
Manage professional staff of 9 (including 5 MDs) and support staff of 10

Transfer agent vs administrator skills

Common transfer agent skills

Customer Service, 27%
Inbound Calls, 13%
Outbound Calls, 12%
TA, 6%
Debt Collection, 6%
Transferring Calls, 3%

Common administrator skills

Customer Service, 18%
Data Entry, 7%
Troubleshoot, 6%
Payroll, 6%
Financial Reports, 4%
Oversight, 4%

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Sales Industry
Transfer Agent
Transfer Agent vs Administrator

Updated January 8, 2025

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