Explore Jobs
Find Specific Jobs
Explore Careers
Explore Professions
Best Companies
Explore Companies
The differences between managers, assistant vice president and portfolio managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a manager, assistant vice president, becoming a portfolio manager takes usually requires 6-8 years. Additionally, a portfolio manager has an average salary of $114,671, which is higher than the $105,363 average annual salary of a manager, assistant vice president.
The top three skills for a manager, assistant vice president include customer service, financial statements and risk management. The most important skills for a portfolio manager are portfolio management, customer service, and risk management.
| Manager, Assistant Vice President | Portfolio Manager | |
| Yearly Salary | $105,363 | $114,671 |
| Hourly rate | $50.66 | $55.13 |
| Growth Rate | 6% | 17% |
| Number Of Jobs | 36,067 | 43,192 |
| Job Satisfaction | - | - |
| Most Common Degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Average Age | 52 | 46 |
| Years Of Experience | - | 8 |
A manager/assistant vice president is responsible for monitoring corporate projects and investment opportunities under the guidance of the vice president. Manager/assistant vice presidents meet with clients, provide project updates, and assist with any project adjustments as client requests. They identify business opportunities, develop strategic plans, and improve the organization's services to boost client satisfaction, generate more revenues, and achieve profitability goals. A manager/assistant vice president helps to maintain the company's good reputation by handling customers, resolving complaints, and evaluating staff performance.
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.
Managers, assistant vice president and portfolio managers have different pay scales, as shown below.
| Manager, Assistant Vice President | Portfolio Manager | |
| Average Salary | $105,363 | $114,671 |
| Salary Range | Between $76,000 And $144,000 | Between $66,000 And $198,000 |
| Highest Paying City | Jersey City, NJ | Stamford, CT |
| Highest Paying State | New Jersey | Connecticut |
| Best Paying Company | Apple | The Citadel |
| Best Paying Industry | Finance | Finance |
There are a few differences between a manager, assistant vice president and a portfolio manager in terms of educational background:
| Manager, Assistant Vice President | Portfolio Manager | |
| Most Common Degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Most Common Major | Business | Business |
| Most Common College | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers, assistant vice president' and portfolio managers' demographics:
| Manager, Assistant Vice President | Portfolio Manager | |
| Average Age | 52 | 46 |
| Gender Ratio | Male, 52.9% Female, 47.1% | Male, 66.6% Female, 33.4% |
| Race Ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.6% White, 76.6% American Indian and Alaska Native, 0.6% | 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 | 12% | 11% |