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How to create your own lifelong financial plan, step by step

Create a just-for-you path to balance your short- and long-term goals.

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For individuals

Support to help you begin a financial professional career

The Principal® Financial Network Fellowship Program helps you discover purpose and opportunity as a financial professional.


 

What you’ll find

6 months 
structured runway

1:1 
mentor pairing

Base pay
plus benefits

Becoming a financial professional is not just a job. It’s a fulfilling career that rewards those with an entrepreneurial drive and a desire to help others. The Principal® Financial Network Fellowship Program helps aspiring financial professionals like with training and mentorship to map out a clear path toward a rewarding career.

Financial professionals matter to people and businesses

Businesses and individuals rely on financial professionals to help reach their goals and find their path to financial security. But starting a career as a commission-based financial professional can feel daunting. The Principal Financial Network Fellowship Program helps ease the transition, providing structure, support, and income stability as you build experience.

The Principal Financial Network Fellowship Program helps you build your career

Many professionals launch their careers in financial services on a full commission basis. The Principal Financial Network Fellowship Program is different: You receive base pay, a comprehensive curriculum, and a timeline that helps you gain real experience—before you step into full independence. 

The Fellowship Program integrates thorough training across prospecting, planning, products, and required licensing and registration. Experienced financial professionals serve as mentors, and market development guidance helps you define prospects and develop repeatable outreach.

Build confidence and capability with the Principal Financial Network Fellowship Program

Here’s how the Principal Financial Network Fellowship Program works:

Phase one

Fellowship 
associate
Up to six months



Status 
Principal employee

Pay, bonuses, and benefits
Base pay and benefits; eligible for bonuses

Professional development
Robust licensing and training

Work experience 
Sales-related activity

Phase two

Financial representative
Six months



Status 
Principal employee

Pay, bonuses, and benefits
Base pay plus sales commissions and benefits

Professional development
Added training through on-the-job experiences

Work experience 
Personal selling

Phase Three

Financial 
professional
Ongoing



Status 
Contracted financial professional

Pay, bonuses, and benefits
Optional benefits based on contract

Professional development
Ongoing professional development

Work experience 
Supported sales entrepreneur, joining or building a financial services team

Start your financial professional career with Principal

If you enjoy building relationships, are motivated by challenges, and want to continuously develop new skills, a financial professional career with Principal Financial Group, including a start with the Principal Financial Network Fellowship Program, may be for you. Learn more about Principal.