Managing Principal Broker Salary in California

How Much Does a Managing Principal Broker make?

Managing Principal Broker made a median salary around $143,439 in December, 2024. The best-paid 25 percent made $159,620 probably that year, while the lowest-paid 25 percent made around $127,931. 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
View as table View as graph
25% $127,931 10% $113,812 90% $174,351 75% $159,620 $143,439 50%(Median)
Employers: Find Surveys For This Job Employers: Price Your Company Jobs Employees: View your Salary
Check out Managing Principal Broker jobs in California

Sports Managing Principal- Americas

AECOM - Los Angeles, CA

Apply Now
Apply Now

Regional Managing Principal

Northern Impact - San Jose, CA

Apply Now

Real Estate Managing Broker

Big Block Premier Realty - Irvine, CA

Apply Now
Search More Managing Principal Broker Jobs in California
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Best-Paying Cities for Managing Principal Broker

The metropolitan areas that pay the highest salary in the Managing Principal Broker profession are San Jose , Santa Clara , Saratoga , Sunnyvale , Los Gatos .
San Jose, CA $163,206
Santa Clara, CA $163,206
Saratoga, CA $163,206
Sunnyvale, CA $163,206
Los Gatos, CA $163,206

Best-Paying States for Managing Principal Broker

The states and districts that pay Managing Principal Broker the highest salary are District of Columbia (around $144,740) , California (around $143,439) , New Jersey (around $142,529) , Alaska (around $141,618) , and Massachusetts (around $141,488) .
District of Columbia $144,740
California $143,439
New Jersey $142,529
Alaska $141,618
Massachusetts $141,488

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 California?
A: In 2024 , the lowest-paid Managing Principal Broker in California earned an average annual salary of $127,931 , while the highest-paid made $159,620.
Q: What is the salary for a Managing Principal Broker in California?
A: Managing Principal Broker employed in California earned an average salary of $143,439 in 2024.

Average Managing Principal Broker Pay vs. Other Jobs

Managing Principal Broker earned an average salary of $143,439 in 2024. Other jobs related to Managing Principal Broker earned the following average salary in December, 2024. Managing Broker made $269,948 , Managing Principal made $208,951 , Insurance Managing Broker and Assistant Managing Broker made $265,004 and $62,170 respectively .

Relevant Jobs of Managing Principal Broker

Managing Broker - Average Salary $269,948
There is currently no job description for Managing Broker, be the first to submit the job responsibilities for Managing Broker.
Managing Principal - Average Salary $208,951
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 $265,004
Insurance Managing Broker 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. Being an Insurance Managing Broker 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. Additionally, Insurance Managing Broker 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. The Insurance Managing Broker work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be an Insurance Managing Broker typically requires 7+ years of related experience.
Assistant Managing Broker - Average Salary $62,170
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 $258,226
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.
Click or scroll to view lower level job