Transfer agent vs trustee

The differences between transfer agents and trustees can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a transfer agent and a trustee. Additionally, a trustee has an average salary of $97,590, 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 a trustee are financial statements, real estate, and debtor.

Transfer agent vs trustee overview

	Transfer Agent	Trustee
Yearly salary	$25,018	$97,590
Hourly rate	$12.03	$46.92
Growth rate	10%	12%
Number of jobs	28,396	112
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 59%
Average age	43	45
Years of experience	6	6

Transfer agent vs trustee salary

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

	Transfer Agent	Trustee
Average salary	$25,018	$97,590
Salary range	Between $18,000 And $33,000	Between $54,000 And $175,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between transfer agent and trustee education

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

	Transfer Agent	Trustee
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Transfer agent vs trustee demographics

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

	Transfer Agent	Trustee
Average age	43	45
Gender ratio	Male, 42.3% Female, 57.7%	Male, 51.2% Female, 48.8%
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, 11.0% Unknown, 5.4% Hispanic or Latino, 14.1% Asian, 5.1% White, 63.6% American Indian and Alaska Native, 0.9%
LGBT Percentage	6%	14%

Differences between transfer agent and trustee 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.

Trustee example responsibilities.

Plan and manage executive, conference and NCAA meetings.
Evaluate and score scholarship applications; notify applicants of the board's decision
Chair of various institutional committees; with an emphasis on the shared governance process.
Make weekly court run to retrieve documents from web pacer brass for general public.
Review and analyze that all ECF documents for case set up has been file.
Coordinate annual fundraiser activities including designing and printing the campaign letter send to all alumni.

Transfer agent vs trustee skills

Common transfer agent skills

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

Common trustee skills

Financial Statements, 22%
Real Estate, 12%
Debtor, 11%
Bankruptcy Court, 6%
Scholarship, 5%
Foreclosure, 3%

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Transfer Agent
Transfer Agent vs Trustee

Updated January 8, 2025

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