Principal Financial Group Inc
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About
Principal Financial Group Inc. provides retirement savings, investment, and insurance products and services to businesses, individuals, and institutional clients worldwide. Headquartered in Des Moines, Iowa, the company operates through three primary segments: Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. The Retirement and Income Solutions segment offers 401(k) and 403(b) plans, pension solutions, and individual retirement accounts. Principal Asset Management provides investment management services across equity, fixed income, real estate, and alternative asset classes, managing approximately $600 billion in assets. The Benefits and Protection segment delivers group life and disability insurance, individual life insurance, and specialty benefits products. Principal Financial Group serves more than 62 million customers globally and employs approximately 18,000 people across offices in Asia, Latin America, Europe, and North America. The company generates annual revenues exceeding $13 billion and ranks among the largest retirement plan providers in the United States. Recent strategic initiatives include expanding its digital capabilities, growing its institutional asset management business, and strengthening its position in specialty benefits markets. Principal Financial Group is publicly traded on NASDAQ under the ticker symbol PFG and is a member of the S&P 500 index, with operations spanning more than 80 countries through its global network.