Principal Financial Group is a leading global financial services company that offers a wide range of retirement savings, investment, and insurance solutions. The company was founded in 1879 and is headquartered in Des Moines, Iowa. It is listed on the Nasdaq Stock Market under the ticker symbol "PFG" and is a member of the S&P 500 index.
Principal Financial Group operates through several business segments, including Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions. The company serves individuals, businesses, and institutional clients, providing them with financial products and services tailored to their needs.
The company offers 401(k) plans, pension plans, individual retirement accounts (IRAs), and other retirement savings options to help individuals and organizations build wealth for their future. They provide investment options, educational resources, and personalized guidance to help clients make informed decisions and achieve their retirement goals.
Principal Financial Group also offers investment management services through its subsidiary, Principal Global Investors. The company manages a diverse range of assets, including equities, fixed income, real estate, and alternative investments. They serve institutional investors, as well as retail investors through mutual funds and separately managed accounts.
In addition to retirement and investment services, Principal Financial Group provides insurance products to individuals and businesses. These include life insurance, disability insurance, and dental insurance, among others. The company aims to help individuals and families protect their financial well-being and provide financial security in the face of unforeseen events.