Managing Principal Broker Salary in Buffalo, NY

How Much Does a Managing Principal Broker make?

Managing Principal Broker made a median salary around $126,931 in April, 2025. The best-paid 25 percent made $141,245 probably that year, while the lowest-paid 25 percent made around $113,207. 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.
Salary Salary + Bonus Benefits
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25% $113,207 10% $100,711 90% $154,276 75% $141,245 $126,931 50%(Median)
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Check out Managing Principal Broker jobs in Buffalo, New York

Managing Principal - Capital Markets

Capco, a Wipro Company - New York, NY

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Managing Principal - Capital Markets Technology

Capco, a Wipro Company - New York, NY

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Managing Principal - Wealth & Asset Management

Capco, a Wipro Company - New York, NY

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Best-Paying Cities for Managing Principal Broker

The metropolitan areas that pay the highest salary in the Managing Principal Broker profession are Sunnyside , Woodside , Long Island City , Astoria , New York .
Sunnyside, NY $152,105
Woodside, NY $152,105
Long Island City, NY $152,105
Astoria, NY $152,105
New York, NY $152,105

Best-Paying States for Managing Principal Broker

The states and districts that pay Managing Principal Broker the highest salary are District of Columbia (around $145,319) , California (around $144,768) , Massachusetts (around $142,839) , Washington (around $142,314) , and New Jersey (around $142,261) .
District of Columbia $145,319
California $144,768
Massachusetts $142,839
Washington $142,314
New Jersey $142,261

What is the Career Path of Managing Principal Broker?

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 Managing Principal Broker, the upper level is Property Acquisitions Senior Manager , and then progresses to Healthcare Property Director
Besides, Managing Principal Broker can also turn to other related jobs, including Managing Broker , Managing Principal , Insurance Managing Broker and Assistant Managing Broker .

Frequently Asked Questions for Managing Principal Broker

Q: What is the salary range of Managing Principal Broker in Buffalo, NY?
A: In 2025 , the lowest-paid Managing Principal Broker in Buffalo, NY earned an average annual salary of $113,207 , while the highest-paid made $141,245.
Q: What is the salary for a Managing Principal Broker in California?
A: Managing Principal Broker employed in California earned an average salary of $144,768 in 2025.

Average Managing Principal Broker Pay vs. Other Jobs

Managing Principal Broker earned an average salary of $126,931 in 2025. Other jobs related to Managing Principal Broker earned the following average salary in April, 2025. Managing Broker made $238,429 , Managing Principal made $185,091 , Insurance Managing Broker and Assistant Managing Broker made $185,489 and $54,894 respectively .

Relevant Jobs of Managing Principal Broker

Managing Broker - Average Salary $238,429
There is currently no job description for Managing Broker, be the first to submit the job responsibilities for Managing Broker.
Managing Principal - Average Salary $185,091
There is currently no job description for Managing Principal, be the first to submit the job responsibilities for Managing Principal.
Insurance Managing Broker - Average Salary $185,489
Develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Develops recommendations to advise customers on the best options that will meet their needs and to place and retain the business. Requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Typically reports to a supervisor or manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience.
Assistant Managing Broker - Average Salary $54,894
There is currently no job description for Assistant Managing Broker, be the first to submit the job responsibilities for Assistant Managing Broker.
Principal Broker - Average Salary $180,744
A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal.
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