As of August 01, 2026, the average salary for a Principal Financial Advisor in Summit, MS is $53,220 per year, which breaks down to an hourly rate of $26.
However, a Principal Financial Advisor's salary can vary significantly. Here’s a look at the typical salary range:
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A Principal Financial Advisor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Principal Financial Advisor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Principal Financial Advisor | $52,576 |
| Intermediate Level Principal Financial Advisor | $52,760 |
| Senior Level Principal Financial Advisor | $55,074 |
| Specialist Level Principal Financial Advisor | $57,727 |
| Expert Level Principal Financial Advisor | $57,917 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Confidentiality | 2.61% |
| Medical Services | 3.91% |
| Radiation Therapy | 2.71% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Health Administration
|
$60,139 |
13%
|
|
Collaborating
|
$59,607 |
12%
|
|
Computer Systems
|
$57,478 |
8%
|
|
Accountability
|
$56,946 |
7%
|
|
Collaboration
|
$55,881 |
5%
|
|
Initiative
|
$55,881 |
5%
|
For Principal Financial Advisor roles, the industry you choose can impact your earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Healthcare, offers compensation 10% above the average. Conversely, Principal Financial Advisor positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Principal Financial Advisor as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $58,542 | $28.0 | 10% |
Understanding how a Principal Financial Advisor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Ready to take the next step in your career? Browse thousands of current Principal Financial Advisor job openings on our job board. Use the search bar below to find your perfect match.
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