Principal Financial Group (0/5)
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| View all reviews for Finance | | Discuss Principal Financial Group | The Principal Financial Group® (The Principal®) is a leading global financial company offering businesses, individuals and institutional clients a wide range of financial products and services.
Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services in the United States and internationally. It operates in four segments: U.S. Asset Accumulation, Global Asset Management, International Asset Management and Accumulation, and Life and Health Insurance. The U.S. Asset Accumulation segment offers defined contribution pension plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, and employee stock ownership plan consulting services to small and medium-sized businesses; investment-only products, such as guaranteed investment contracts and funding agreements to large institutional clients; and the ability to accumulate funds for retirement and savings through mutual funds, individual annuities and bank products to employees of businesses and other individuals.
The Global Asset Management segment provides asset management services covering a broad range of asset classes, investment styles, and portfolio structures to its other segments and third-party institutional clients. This segment principally offers investment advisory services across three asset classes comprising equity investments, fixed income investments, and real estate investments; and commercial real estate niche financing opportunities, including bridge/mezzanine loans and land loans. The International Asset Management and Accumulation segment offers retirement products and services, annuities, mutual funds, life insurance, and institutional asset management products and services in Brazil, Chile, China, Hong Kong, India, Malaysia, and Mexico.
The Life and Health Insurance segment provides individual life insurance and group health insurance products and services, as well as other specialty benefits consisting of dental and vision, group life, group disability, and individual disability insurance services. The company was founded in 1879 and is based in Des Moines, Iowa.
The company serves more than 13 million customers worldwide and operates from more than 250 locations. It has offices in Asia, Australia, Europe, Latin America and the United States.
Principal Financial is developing products to meet those critical needs of employees and employers looking for cost-effective benefits programs. Through Principal Funds and the asset management expertise of Principal Global Investors, the group is offering institutional quality investments to the individual investor.
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