Principal Financial Group relationship manager salary

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Average Principal Financial Group relationship manager salary

$70,911yearly

$40.27 hourly rate

Entry-level Principal Financial Group relationship manager salary

$51,000 yearly

Updated April 5, 2024

How much does Principal Financial Group pay relationship managers?

The average salary for Principal Financial Group relationship managers is $70,911 per year. Principal Financial Group relationship manager salaries range between $51,000 to $97,000 per year. Principal Financial Group relationship managers earn 15% less than the national average salary for relationship managers of $83,761.

Location impacts how much a relationship manager at Principal Financial Group can expect to make. Relationship managers at Principal Financial Group make the most in New York, NY, Parsippany-Troy Hills, NJ, and Seattle, WA.

How much does Principal Financial Group pay relationship managers by location?

Principal Financial Group pays relationship managers the most in New York, NY, Parsippany-Troy Hills, NJ, and Seattle, WA. Additionally, cities like Waltham and Brentwood also report highly competitive salaries for relationship managers at Principal Financial Group.

Relationship manager Principal Financial Group salary by location

Rank	City	Avg. salary	Hourly rate
1	New York, NY	$86,810	$41.74
2	Parsippany-Troy Hills, NJ	$84,081	$40.42
3	Seattle, WA	$83,912	$40.34
4	Waltham, MA	$79,267	$38.11
5	Brentwood, TN	$79,071	$38.01
6	Portland, OR	$78,440	$37.71
7	Los Angeles, CA	$75,782	$36.43
8	Salt Lake City, UT	$73,725	$35.44
9	Kansas City, MO	$73,510	$35.34
10	Denver, CO	$73,206	$35.20

Highest-paid Principal Financial Group relationship managers by job level

Rank	Job title	Average salary	Hourly rate	Job openings
1	Senior Relationship Manager	$93,067	$45	-
2	Customer Relationship Manager	$74,542	$36	-
3	Client Relationship Manager	$71,945	$35	-
4	Business Relationship Manager	$67,810	$33	-
5	Business Development Officer	$66,672	$32	-
6	Bank Officer	$63,320	$30	-
7	Relationship Account Manager	$56,667	$27	-
8	Bank Manager	$54,744	$26	-
9	Business Banker	$49,411	$24	-
10	Commercial Banker	$48,108	$23	-

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Recent salaries for relationship managers at principal financial group

Job	Location	Date added	Salary
Relationship Manager (Retirement Solutions)	Jacksonville, FL	06/11/2025	$86,450
Relationship Manager (Group Benefits)	Charlotte, NC	04/26/2025	$91,000
Relationship Manager (Retirement Solutions)	Birmingham, AL	04/15/2025	$91,000
Relationship Manager (Retirement Solutions)	Atlanta, GA	04/15/2025	$91,000
Relationship Manager (Retirement Solutions)	Atlanta, GA	03/20/2025	$91,000

Relationship manager salary at Principal Financial Group competitors

Rank	Company	Average salary	Hourly rate	Job openings
1	AIG	$124,734	$60	3
2	Raymond James Financial	$96,117	$46	5
3	Genworth	$86,410	$42	-
4	American Financial Group	$82,379	$40	-
5	Mutual of Omaha	$81,684	$39	2
6	The Hartford	$81,179	$39	38
7	Fidelity Investments	$79,931	$38	28
8	Ameriprise Financial	$79,314	$38	6
9	Nationwide	$78,361	$38	5
10	Prudential Financial	$76,787	$37	2
11	MetLife	$75,222	$36	23
12	Charles Schwab	$73,578	$35	29
13	MassMutual	$72,717	$35	-
14	USAA	$72,641	$35	-
15	Lincoln Financial Group	$68,528	$33	2
16	Wells Fargo	$62,625	$30	192

Show more relationship manager salaries at Principal Financial Group competitors.