Portfolio Administrator Salary

Portfolio Administrators in the United States can expect wages of $50K per year on average. Total cash compensation to Portfolio Administrators varies from $39K to $76K; higher pay grades include potential for bonuses and profit sharing as high as $10K each. Career length and the particular city each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Most Portfolio Administrators like their work and job satisfaction is high. Women Portfolio Administrators who took the survey just slightly outnumber men. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$38,226 - $72,086
(Median)
$38K
$50K
$72K
MEDIAN: $49,859
10%
50%
90%

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$15.63 - $26.81
(Median)
$16
$20
$27
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Salary
$38,226 - $72,086  
   
Bonus
$1,005 - $10,487  
Profit Sharing
$795 - $10,213  
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).
)
$39,261 - $75,727  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 131
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$13$26$39
Hourly Rate
$15.63 - $26.81  
   
Overtime
$27.22 - $35.61  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Bonus
$1,005 - $10,487  
   
Profit Sharing
$795 - $10,213  
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).
)
$39,261 - $75,727  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 14
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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.

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Pay by Experience Level for Portfolio Administrator

Median of all compensation (including tips, bonus, and overtime) by years of experience.


More years of relevant experience do not necessarily translate to higher paychecks. Survey participants with less than five years' experience pocket $47K on average, but those with five to 10 years of experience enjoy a much bigger median of $55K. Portfolio Administrators claiming one to two decades of experience make an estimated median of $56K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $66K.

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Experience Affects Portfolio Administrator Salaries

Late-Career
up arrow 29%

Experienced
up arrow 11%

Mid-Career
up arrow 9%

National Average
$51,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 22 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
6%
1-4 years
41%
5-9 years
22%
10-19 years
23%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 75%
vision benefits Vision: 47% employee benefits None: 7%
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