Portfolio Administrator Salary

For Portfolio Administrators, annual average wages total $51K per year. Including potential for bonuses and profit sharing — peaking near $10K and $12K, respectively — total cash payment to Portfolio Administrators can bottom out near $39K or peak near $79K depending on individual performance. 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 report high levels of job satisfaction. Women Portfolio Administrators who took the survey just slightly outnumber men. The data for this synopsis comes from respondents who took the PayScale salary survey.

$38,681 - $75,362
(Median)
$39K
$51K
$75K
MEDIAN: $50,701
10%
50%
90%

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$16.70 - $29.40
(Median)
$17
$20
$29
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$27K$54K$81K
Salary
$38,681 - $75,362  
   
Bonus
$1,005 - $10,256  
Profit Sharing
$206.08 - $11,635  
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).
)
$39,159 - $78,769  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 150
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$16.70 - $29.40  
   
Overtime
$28.60  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$1,005 - $10,256  
   
Profit Sharing
$206.08 - $11,635  
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).
)
$39,159 - $78,769  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 17
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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.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Relatively untried employees who have fewer than five years of experience earn around $47K on average. People who have worked for five to 10 years can expect a higher median salary of $55K. For Portfolio Administrators, 10 to 20 years of experience on the job amounts to an average salary of $60K. Seasoned veterans with 20 years under their belts enjoy a median income of $72K.

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Experience Affects Portfolio Administrator Salaries

Late-Career
up arrow 41%

Experienced
up arrow 16%

Mid-Career
up arrow 8%

National Average
$52,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 26 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
6%
1-4 years
39%
5-9 years
23%
10-19 years
24%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 76%
medical benefits
Vision: 50%
dental benefits
None: 7%
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