Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between trust officers and investments 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 trust officer and an investments manager. Additionally, an investments manager has an average salary of $116,102, which is higher than the $61,493 average annual salary of a trust officer.
The top three skills for a trust officer include real estate, portfolio and wealth management. The most important skills for an investments manager are private equity, due diligence, and real estate.
| Trust Officer | Investments Manager | |
| Yearly salary | $61,493 | $116,102 |
| Hourly rate | $29.56 | $55.82 |
| Growth rate | 17% | 17% |
| Number of jobs | 56,623 | 42,946 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Trust officers are professionals who are responsible for administering trust account portfolios of their clients. These officers are required to develop business relationships with their clients by responding to the request of their clients and facilitating internal service coordination to resolve issues. They must handle activities that are associated with personal or corporate trust while providing consultation on matters related to finance and wealth. Trust officers usually work in the financial industry and report directly to a manager or head of a department.
The job of investment managers or fund managers is to help clients grow their money and achieve their financial and personal goals in life. Investment managers have a variety of responsibilities that often include handling all activities associated with managing client portfolios, monitoring performance measurement and transaction settlement, and determining the best strategy for investments. Also, you will be responsible for providing advice on investments and handling investments and investor decisions with discretion. As an investment manager, you are also expected to offer recommendations about investments.
Trust officers and investments managers have different pay scales, as shown below.
| Trust Officer | Investments Manager | |
| Average salary | $61,493 | $116,102 |
| Salary range | Between $30,000 And $121,000 | Between $68,000 And $198,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | Connecticut | Alaska |
| Best paying company | Neuberger Berman | Netflix |
| Best paying industry | Finance | Finance |
There are a few differences between a trust officer and an investments manager in terms of educational background:
| Trust Officer | Investments Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between trust officers' and investments managers' demographics:
| Trust Officer | Investments Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.1% Female, 51.9% | Male, 65.5% Female, 34.5% |
| Race ratio | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.4% White, 64.4% American Indian and Alaska Native, 0.3% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |