Portfolio Administrator Salary

Median pay for Portfolio Administrators in the United States lies in the neighborhood of $55K annually. In the world of Portfolio Administrators, overall income ranges from $40K near the bottom to $80K at the top; this can include more than $10K from bonuses and more than $12K from profit sharing in exceptional cases. Career duration is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most Portfolio Administrators report high levels of job satisfaction. Men working as Portfolio Administrators who took the survey just slightly outnumber women at 56 percent. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$40,505 - $71,835
$41K
$55K
$72K
MEDIAN: $54,900
10%
50%
90%

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$17.49 - $27.00
$22
MEDIAN: $22.50
50%

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$0$80K
Salary $40,505 - $71,835
Bonus $1,002 - $10,213
Profit Sharing $0.00 - $11,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$39,593 - $80,122
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 88
Hourly Data $0$43
Hourly Rate $22.50
Overtime $37.03
Annual Data $0$80K
Bonus $1,002 - $10,213
Profit Sharing $0.00 - $11,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$39,593 - $80,122
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 9

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United States (change)

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Job Description for Portfolio Administrator

Portfolio administrators are responsible for the accurate and timely implementation of client accounts. Some of their basic job duties include providing direct service to assigned clients, coordinating various reports and reviews, preparing financial statement request letters, and following up for information. Portfolio administrators also assist in the collection of delinquent accounts and tax payments as necessary. Most portfolio administrators work for banks or other financial institutions. They generally work in an office environment and report directly to managers.

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Portfolio Administrator Tasks

  • Review data, create reports and understand the current state of the portfolio.
  • Set up, maintain and evaluate accounts.
  • Process and reconcile daily, weekly and monthly balances.
  • Read, interpret and manage portfolio documents.
  • Manage compliance and regulatory adherence across the portfolio and for reporting.

Portfolio Administrator Job Listings

Pay by Experience Level for Portfolio Administrator

Pay by Experience for a Portfolio Administrator has a positive trend. An entry-level Portfolio Administrator with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 63 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Portfolio Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $62,000 based on 30 salaries. An experienced Portfolio Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $65,000 based on 20 salaries. A Portfolio Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $71,000 based on 7 salaries.

Pay Difference by Location

National Average: $58,397

Larger city markers indicate a job is popular in that location.

Boston offers some of the highest pay in the country for Portfolio Administrators, 6 percent above the national average. The smallest paychecks in the market, 6 percent south of the national average, can be found in New York.

Related Job Salaries

Key Stats for Portfolio Administrator

Gender

Female
44 %
Male
56 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.
Less than 1 year
4%
1-4 years
47%
5-9 years
21%
10-19 years
22%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Portfolio Administrator Salaries

Late-Career
▲22%

Experienced
▲11%

Mid-Career
▲7%

National Average
$58,000

▼11%

Skills That Affect Portfolio Administrator Salaries

National Average
$58,000

Financial Analysis
▼1%

Microsoft Excel
▼7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
4%
1-4 years
47%
5-9 years
21%
10-19 years
22%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 74%
vision benefits
Vision: 55%
no benefits
None: 11%
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