$54,056
Avg. Salary
$22.32
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$4,051

Profit Sharing

$2,928

Commission

$7,200

The average pay for a Portfolio Administrator is $22.32 per hour.

The average pay for a Portfolio Administrator is $54,056 per year.

$17
10%
$22
50%
$26
90%
MEDIAN $22
$40k
10%
$54k
50%
$72k
90%
MEDIAN $54,056
$39,945 - $71,927
$40K
$54K
$72K
MEDIAN: $54,056
10%
50%
90%

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$16.57 - $26.21
$17
$22
$26
MEDIAN: $22.32
10%
50%
90%

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$0$77K
Salary $39,945 - $71,927
Bonus $981 - $10,275
Profit Sharing $0.00 - $10,256
Commission $7,200
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).
)
$39,605 - $77,541
  • Country: United States
  • Currency: USD
  • Updated: 14 Nov 2018
  • Individuals Reporting: 185
Hourly Data $0$43
Hourly Rate $16.57 - $26.21
Overtime $26.79 - $43.29
Annual Data $0$77K
Bonus $981 - $10,275
Commission $7,200
Profit Sharing $0.00 - $10,256
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).
)
$39,605 - $77,541
  • Country: United States
  • Currency: USD
  • Updated: 14 Nov 2018
  • Individuals Reporting: 25

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.

Read More...

Portfolio Administrator Tasks

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

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

-1%

National Average: $55,501

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

For Portfolio Administrators, Boston provides a pay rate that is 6 percent greater than the national average. With compensation 6 percent below the national average, New York is not known for hefty paychecks and actually represents the lowest-paying market.

Related Job Salaries

Key Stats for Portfolio Administrator

Gender

Female
53 %
Male
47 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.
Less than 1 year
6%
1-4 years
47%
5-9 years
18%
10-19 years
20%
20 years or more
9%

Experience Affects Portfolio Administrator Salaries

Late-Career
▲29%

Experienced
▲17%

Mid-Career
▲12%

National Average
$56,000

▼7%

Skills That Affect Portfolio Administrator Salaries

Financial Analysis
▲4%

National Average
$56,000

Microsoft Excel
▼2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
6%
1-4 years
47%
5-9 years
18%
10-19 years
20%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 77%
vision benefits
Vision: 62%
no benefits
None: 11%