How much does a Trust Administrator make in Portland, ME? The average Trust Administrator salary in Portland, ME is $63,579 as of February 26, 2024, but the range typically falls between $57,623 and $74,224. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Trust Administrator Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Trust Administrator Salary $52,201 Portland,ME February 26, 2024
25th Percentile Trust Administrator Salary $57,623 Portland,ME February 26, 2024
50th Percentile Trust Administrator Salary $63,579 Portland,ME February 26, 2024
75th Percentile Trust Administrator Salary $74,224 Portland,ME February 26, 2024
90th Percentile Trust Administrator Salary $83,916 Portland,ME February 26, 2024
25% $57,623 10% $52,201 90% $83,916 75% $74,224 $63,579 50%(Median) Didn’t find job title? Click
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What skills does a Trust Administrator need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.

2.

Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.

3.

Estate Planning: Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life and at and after death, while minimizing gift, estate, generation skipping transfer, and income tax. Estate planning includes planning for incapacity as well as a process of reducing or eliminating uncertainties over the administration of a probate and maximizing the value of the estate by reducing taxes and other expenses. The ultimate goal of estate planning can be determined by the specific goals of the client, and may be as simple or complex as the client's needs dictate. Guardians are often designated for minor children and beneficiaries in incapacity. The law of estate planning overlaps to some degree with elder law, which additionally includes other provisions such as long-term care.

Planning 4.65%
Business Administration 1.61%
Estate Planning 2.68%
Others 91.06%

Job Description for Trust Administrator

Trust Administrator manages and administers a group of trust accounts. Reviews legal and financial documents, cultivates customer relationships and transfers and invests balances for clients. Being a Trust Administrator requires a bachelor's degree in area of specialty. Typically reports to a manager or head of a unit/department. To be a Trust Administrator typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Trust Administrator in Portland, ME

Career Path for Trust Administrator

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Trust Administrator, the upper level is Trust Operations Team Supervisor and then progresses to Trust Operations Officer.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Trust Administrator salary varies from city to city. Compared with national average salary of Trust Administrator, the highest Trust Administrator salary is in San Francisco, CA, where the Trust Administrator salary is 25.0% above. The lowest Trust Administrator salary is in Miami, FL, where the Trust Administrator salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Step 1 of 3

Understand the total compensation opportunity for a Trust Administrator, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
57623
74224
63579

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
61095
78063
67674
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Trust Administrator in Portland, ME. The base salary for Trust Administrator ranges from $57,623 to $74,224 with the average base salary of $63,579. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $61,095 to $78,063 with the average total cash compensation of $67,674.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

57623
74224

 

Step 3 of 3

How much should you be paid?

About Portland, Maine    Portland is a city in the U.S. state of Maine, with a population of 67,067 as of 2017. The Greater Portland metropolitan area is home to over half a m....More

Portland, Maine  area prices were up 1.6% from a year ago    View the Cost of Living in Portland, Maine

Trust Administrator Salary in popular cities: LewistonBangorSouth Portland

Skills associated with Trust Administrator: Account Management, Financial Reporting, Banking Software, Tax Compliance Reporting ...More

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