diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9756be7e4..54b4eacd7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,6 +9,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### Changed
 
+- Improved the permission selector with icons in the create or update access dialog
+- Extracted the access level icon to a reusable component
 - Disabled the telemetry in the _Storybook_ setup
 - Upgraded the `Node.js` engine from version `>=22.18.0` to `>=22.22.3` (`package.json`)
 
diff --git a/apps/client/src/app/components/access-table/access-table.component.html b/apps/client/src/app/components/access-table/access-table.component.html
index 38122c39c..4edaed42d 100644
--- a/apps/client/src/app/components/access-table/access-table.component.html
+++ b/apps/client/src/app/components/access-table/access-table.component.html
@@ -17,18 +17,7 @@
     <ng-container matColumnDef="type">
       <th *matHeaderCellDef class="px-1" i18n mat-header-cell>Permission</th>
       <td *matCellDef="let element" class="px-1 text-nowrap" mat-cell>
-        <div class="align-items-center d-flex">
-          @if (hasScopesToWrite(element)) {
-            <ion-icon class="mr-1" name="create-outline" />
-            <ng-container i18n>View and manage</ng-container>
-          } @else if (hasScopeToReadValues(element)) {
-            <ion-icon class="mr-1" name="lock-open-outline" />
-            <ng-container i18n>View</ng-container>
-          } @else {
-            <ion-icon class="mr-1" name="lock-closed-outline" />
-            <ng-container i18n>Restricted view</ng-container>
-          }
-        </div>
+        <gf-access-level-icon [accessLevel]="getAccessLevel(element.scopes)" />
       </td>
     </ng-container>
 
diff --git a/apps/client/src/app/components/access-table/access-table.component.ts b/apps/client/src/app/components/access-table/access-table.component.ts
index 58a9e8034..900184110 100644
--- a/apps/client/src/app/components/access-table/access-table.component.ts
+++ b/apps/client/src/app/components/access-table/access-table.component.ts
@@ -1,11 +1,8 @@
 import { ConfirmationDialogType } from '@ghostfolio/common/enums';
 import { Access, User } from '@ghostfolio/common/interfaces';
 import { publicRoutes } from '@ghostfolio/common/routes/routes';
-import {
-  hasAnyScopeOfWriteAccess,
-  hasScope,
-  scopes
-} from '@ghostfolio/common/scopes';
+import { getAccessLevel } from '@ghostfolio/common/scopes';
+import { GfAccessLevelIconComponent } from '@ghostfolio/ui/access-level-icon';
 import { NotificationService } from '@ghostfolio/ui/notifications';
 
 import { Clipboard, ClipboardModule } from '@angular/cdk/clipboard';
@@ -31,8 +28,6 @@ import {
   createOutline,
   ellipsisHorizontal,
   linkOutline,
-  lockClosedOutline,
-  lockOpenOutline,
   removeCircleOutline
 } from 'ionicons/icons';
 import ms from 'ms';
@@ -42,6 +37,7 @@ import { NgxSkeletonLoaderModule } from 'ngx-skeleton-loader';
   changeDetection: ChangeDetectionStrategy.OnPush,
   imports: [
     ClipboardModule,
+    GfAccessLevelIconComponent,
     IonIcon,
     MatButtonModule,
     MatMenuModule,
@@ -75,6 +71,8 @@ export class GfAccessTableComponent {
     return columns;
   });
 
+  protected readonly getAccessLevel = getAccessLevel;
+
   protected readonly isLoading = computed(() => {
     return !this.accesses();
   });
@@ -89,8 +87,6 @@ export class GfAccessTableComponent {
       createOutline,
       ellipsisHorizontal,
       linkOutline,
-      lockClosedOutline,
-      lockOpenOutline,
       removeCircleOutline
     });
 
@@ -105,14 +101,6 @@ export class GfAccessTableComponent {
     return `${this.baseUrl}/${languageCode}/${publicRoutes.public.path}/${aId}`;
   }
 
-  protected hasScopeToReadValues({ scopes: scopesOfAccess }: Access) {
-    return hasScope(scopesOfAccess, scopes.portfolioReadValues);
-  }
-
-  protected hasScopesToWrite({ scopes: scopesOfAccess }: Access) {
-    return hasAnyScopeOfWriteAccess(scopesOfAccess);
-  }
-
   protected onCopyUrlToClipboard(aId: string) {
     this.clipboard.copy(this.getPublicUrl(aId));
 
diff --git a/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/create-or-update-access-dialog.component.ts b/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/create-or-update-access-dialog.component.ts
index 40c4fe703..2f61e850a 100644
--- a/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/create-or-update-access-dialog.component.ts
+++ b/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/create-or-update-access-dialog.component.ts
@@ -2,16 +2,15 @@ import { UserService } from '@ghostfolio/client/services/user/user.service';
 import { CreateAccessDto, UpdateAccessDto } from '@ghostfolio/common/dtos';
 import { Filter, PortfolioPosition } from '@ghostfolio/common/interfaces';
 import {
-  SCOPES_OF_READ_ACCESS,
-  SCOPES_OF_READ_RESTRICTED_ACCESS,
-  SCOPES_OF_WRITE_ACCESS,
   Scope,
-  hasAnyScopeOfWriteAccess,
+  getAccessLevel,
+  getScopesOfAccessLevel,
   hasScope,
   scopes
 } from '@ghostfolio/common/scopes';
-import { AccountWithPlatform } from '@ghostfolio/common/types';
+import { AccessLevel, AccountWithPlatform } from '@ghostfolio/common/types';
 import { validateObjectForForm } from '@ghostfolio/common/utils';
+import { GfAccessLevelIconComponent } from '@ghostfolio/ui/access-level-icon';
 import { NotificationService } from '@ghostfolio/ui/notifications';
 import {
   GfPortfolioFilterFormComponent,
@@ -52,16 +51,14 @@ import { MatSelectModule } from '@angular/material/select';
 import { StatusCodes } from 'http-status-codes';
 import { EMPTY, catchError } from 'rxjs';
 
-import {
-  AccessLevel,
-  CreateOrUpdateAccessDialogParams
-} from './interfaces/interfaces';
+import { CreateOrUpdateAccessDialogParams } from './interfaces/interfaces';
 
 @Component({
   changeDetection: ChangeDetectionStrategy.OnPush,
   host: { class: 'h-100' },
   imports: [
     FormsModule,
+    GfAccessLevelIconComponent,
     GfPortfolioFilterFormComponent,
     MatButtonModule,
     MatDialogModule,
@@ -120,7 +117,7 @@ export class GfCreateOrUpdateAccessDialogComponent implements OnInit {
     const isPublic = access?.type === 'PUBLIC';
 
     this.accessForm = this.formBuilder.group({
-      accessLevel: this.getAccessLevel(access?.scopes),
+      accessLevel: getAccessLevel(access?.scopes),
       alias: [access?.alias ?? ''],
       filters: [null],
       granteeUserId: [
@@ -172,6 +169,10 @@ export class GfCreateOrUpdateAccessDialogComponent implements OnInit {
     this.loadHoldings();
   }
 
+  protected get accessLevel(): AccessLevel {
+    return this.accessForm?.get('accessLevel')?.value as AccessLevel;
+  }
+
   protected onCancel() {
     this.dialogRef.close();
   }
@@ -191,28 +192,18 @@ export class GfCreateOrUpdateAccessDialogComponent implements OnInit {
   }
 
   private buildScopes(): Scope[] {
-    const accessLevel = this.accessForm.get('accessLevel')
-      ?.value as AccessLevel;
-
     const scopesOfAccess = this.data.access?.scopes ?? [];
 
     if (
       scopesOfAccess.length > 0 &&
-      accessLevel === this.getAccessLevel(scopesOfAccess)
+      this.accessLevel === getAccessLevel(scopesOfAccess)
     ) {
       return Object.values(scopes).filter((scope) => {
         return hasScope(scopesOfAccess, scope);
       });
     }
 
-    switch (accessLevel) {
-      case 'CREATE_READ_UPDATE_DELETE':
-        return [...SCOPES_OF_READ_ACCESS, ...SCOPES_OF_WRITE_ACCESS];
-      case 'READ':
-        return [...SCOPES_OF_READ_ACCESS];
-      default:
-        return [...SCOPES_OF_READ_RESTRICTED_ACCESS];
-    }
+    return getScopesOfAccessLevel(this.accessLevel);
   }
 
   private async createAccess() {
@@ -254,16 +245,6 @@ export class GfCreateOrUpdateAccessDialogComponent implements OnInit {
     }
   }
 
-  private getAccessLevel(scopesOfAccess: string[] | undefined): AccessLevel {
-    if (hasAnyScopeOfWriteAccess(scopesOfAccess)) {
-      return 'CREATE_READ_UPDATE_DELETE';
-    }
-
-    return hasScope(scopesOfAccess, scopes.portfolioReadValues)
-      ? 'READ'
-      : 'READ_RESTRICTED';
-  }
-
   private loadHoldings() {
     this.dataService
       .fetchPortfolioHoldings()
diff --git a/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/create-or-update-access-dialog.html b/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/create-or-update-access-dialog.html
index 545dde228..a01b21138 100644
--- a/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/create-or-update-access-dialog.html
+++ b/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/create-or-update-access-dialog.html
@@ -37,15 +37,22 @@
       <mat-form-field appearance="outline" class="w-100">
         <mat-label i18n>Permission</mat-label>
         <mat-select formControlName="accessLevel">
-          <mat-option i18n value="READ_RESTRICTED">Restricted view</mat-option>
+          <mat-select-trigger>
+            <gf-access-level-icon [accessLevel]="accessLevel" />
+          </mat-select-trigger>
+          <mat-option value="READ_RESTRICTED">
+            <gf-access-level-icon accessLevel="READ_RESTRICTED" />
+          </mat-option>
           @if (accessForm.get('type')?.value === 'PRIVATE') {
-            <mat-option i18n value="READ">View</mat-option>
+            <mat-option value="READ">
+              <gf-access-level-icon accessLevel="READ" />
+            </mat-option>
             <mat-option
-              i18n
               value="CREATE_READ_UPDATE_DELETE"
               [disabled]="!canGrantWriteAccess"
-              >View and manage</mat-option
             >
+              <gf-access-level-icon accessLevel="CREATE_READ_UPDATE_DELETE" />
+            </mat-option>
           }
         </mat-select>
       </mat-form-field>
diff --git a/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/interfaces/interfaces.ts b/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/interfaces/interfaces.ts
index ca7cee25a..8d1ac0ba9 100644
--- a/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/interfaces/interfaces.ts
+++ b/apps/client/src/app/components/user-account-access/create-or-update-access-dialog/interfaces/interfaces.ts
@@ -3,6 +3,3 @@ import { Access } from '@ghostfolio/common/interfaces';
 export interface CreateOrUpdateAccessDialogParams {
   access?: Access;
 }
-
-export type AccessLevel =
-  'CREATE_READ_UPDATE_DELETE' | 'READ' | 'READ_RESTRICTED';
diff --git a/libs/common/src/lib/scopes.ts b/libs/common/src/lib/scopes.ts
index fa05f4290..ea3c342fd 100644
--- a/libs/common/src/lib/scopes.ts
+++ b/libs/common/src/lib/scopes.ts
@@ -1,3 +1,5 @@
+import { AccessLevel } from '@ghostfolio/common/types';
+
 /**
  * Scopes describe what a grantee may do on behalf of the granting user. They
  * are a separate axis from the permissions, which describe the capabilities of
@@ -57,6 +59,19 @@ export const SCOPES_OF_READ_RESTRICTED_ACCESS: readonly Scope[] =
     return scope !== scopes.portfolioReadValues;
   });
 
+/**
+ * Access level which the scopes of an access grant
+ */
+export function getAccessLevel(aScopes: string[] = []): AccessLevel {
+  if (hasAnyScopeOfWriteAccess(aScopes)) {
+    return 'CREATE_READ_UPDATE_DELETE';
+  }
+
+  return hasScope(aScopes, scopes.portfolioReadValues)
+    ? 'READ'
+    : 'READ_RESTRICTED';
+}
+
 export function getScopesOfAccess({
   granteeUserId,
   scopes: scopesOfAccess
@@ -81,6 +96,20 @@ export function getScopesOfAccess({
   });
 }
 
+/**
+ * Scopes which an access level grants
+ */
+export function getScopesOfAccessLevel(aAccessLevel: AccessLevel): Scope[] {
+  switch (aAccessLevel) {
+    case 'CREATE_READ_UPDATE_DELETE':
+      return [...SCOPES_OF_READ_ACCESS, ...SCOPES_OF_WRITE_ACCESS];
+    case 'READ':
+      return [...SCOPES_OF_READ_ACCESS];
+    default:
+      return [...SCOPES_OF_READ_RESTRICTED_ACCESS];
+  }
+}
+
 /**
  * Scopes of a user acting on their own data, which is unrestricted. The
  * permissions of the role are evaluated separately.
diff --git a/libs/common/src/lib/types/access-level.type.ts b/libs/common/src/lib/types/access-level.type.ts
new file mode 100644
index 000000000..33f0f11a2
--- /dev/null
+++ b/libs/common/src/lib/types/access-level.type.ts
@@ -0,0 +1,2 @@
+export type AccessLevel =
+  'CREATE_READ_UPDATE_DELETE' | 'READ' | 'READ_RESTRICTED';
diff --git a/libs/common/src/lib/types/index.ts b/libs/common/src/lib/types/index.ts
index c31d9079f..7dea25ddc 100644
--- a/libs/common/src/lib/types/index.ts
+++ b/libs/common/src/lib/types/index.ts
@@ -1,3 +1,4 @@
+import type { AccessLevel } from './access-level.type';
 import type { AccessType } from './access-type.type';
 import type { AccessWithGranteeUser } from './access-with-grantee-user.type';
 import type { AccountWithBalance } from './account-with-balance.type';
@@ -29,6 +30,7 @@ import type { UserWithSettings } from './user-with-settings.type';
 import type { ViewMode } from './view-mode.type';
 
 export type {
+  AccessLevel,
   AccessType,
   AccessWithGranteeUser,
   AccountWithBalance,
diff --git a/libs/ui/src/lib/access-level-icon/access-level-icon.component.html b/libs/ui/src/lib/access-level-icon/access-level-icon.component.html
new file mode 100644
index 000000000..c610d4b57
--- /dev/null
+++ b/libs/ui/src/lib/access-level-icon/access-level-icon.component.html
@@ -0,0 +1,16 @@
+<span class="align-items-center d-flex">
+  @switch (accessLevel()) {
+    @case ('CREATE_READ_UPDATE_DELETE') {
+      <ion-icon class="mr-1" name="create-outline" />
+      <ng-container i18n>View and manage</ng-container>
+    }
+    @case ('READ') {
+      <ion-icon class="mr-1" name="lock-open-outline" />
+      <ng-container i18n>View</ng-container>
+    }
+    @case ('READ_RESTRICTED') {
+      <ion-icon class="mr-1" name="lock-closed-outline" />
+      <ng-container i18n>Restricted view</ng-container>
+    }
+  }
+</span>
diff --git a/libs/ui/src/lib/access-level-icon/access-level-icon.component.stories.ts b/libs/ui/src/lib/access-level-icon/access-level-icon.component.stories.ts
new file mode 100644
index 000000000..a230f60de
--- /dev/null
+++ b/libs/ui/src/lib/access-level-icon/access-level-icon.component.stories.ts
@@ -0,0 +1,42 @@
+import { CommonModule } from '@angular/common';
+import { IonIcon } from '@ionic/angular/standalone';
+import { moduleMetadata } from '@storybook/angular';
+import type { Meta, StoryObj } from '@storybook/angular';
+
+import { GfAccessLevelIconComponent } from './access-level-icon.component';
+
+export default {
+  title: 'Access Level Icon',
+  component: GfAccessLevelIconComponent,
+  decorators: [
+    moduleMetadata({
+      imports: [CommonModule, IonIcon]
+    })
+  ],
+  argTypes: {
+    accessLevel: {
+      control: 'select',
+      options: ['CREATE_READ_UPDATE_DELETE', 'READ', 'READ_RESTRICTED']
+    }
+  }
+} as Meta<GfAccessLevelIconComponent>;
+
+type Story = StoryObj<GfAccessLevelIconComponent>;
+
+export const RestrictedView: Story = {
+  args: {
+    accessLevel: 'READ_RESTRICTED'
+  }
+};
+
+export const View: Story = {
+  args: {
+    accessLevel: 'READ'
+  }
+};
+
+export const ViewAndManage: Story = {
+  args: {
+    accessLevel: 'CREATE_READ_UPDATE_DELETE'
+  }
+};
diff --git a/libs/ui/src/lib/access-level-icon/access-level-icon.component.ts b/libs/ui/src/lib/access-level-icon/access-level-icon.component.ts
new file mode 100644
index 000000000..3b5fc585d
--- /dev/null
+++ b/libs/ui/src/lib/access-level-icon/access-level-icon.component.ts
@@ -0,0 +1,24 @@
+import { AccessLevel } from '@ghostfolio/common/types';
+
+import { ChangeDetectionStrategy, Component, input } from '@angular/core';
+import { IonIcon } from '@ionic/angular/standalone';
+import { addIcons } from 'ionicons';
+import {
+  createOutline,
+  lockClosedOutline,
+  lockOpenOutline
+} from 'ionicons/icons';
+
+@Component({
+  changeDetection: ChangeDetectionStrategy.OnPush,
+  imports: [IonIcon],
+  selector: 'gf-access-level-icon',
+  templateUrl: './access-level-icon.component.html'
+})
+export class GfAccessLevelIconComponent {
+  public readonly accessLevel = input.required<AccessLevel>();
+
+  public constructor() {
+    addIcons({ createOutline, lockClosedOutline, lockOpenOutline });
+  }
+}
diff --git a/libs/ui/src/lib/access-level-icon/index.ts b/libs/ui/src/lib/access-level-icon/index.ts
new file mode 100644
index 000000000..8230daa02
--- /dev/null
+++ b/libs/ui/src/lib/access-level-icon/index.ts
@@ -0,0 +1 @@
+export * from './access-level-icon.component';