Insurance will always be in-demand, thanks to the need to have different needs covered. Principal Financial Group is one of the biggest investment management and insurance companies across the globe. If you want to know more about this company, keep reading.
Where is the Principal Financial Group Headquarters Located?
The company was founded in Des Moines, Iowa, so you can expect that the Principal Financial Group headquarters is located in the same city. In fact, it occupies several buildings in Des Moine including the 801 Grand, which is the tallest of all the structures in the campus which is composed of 29 properties.
You can drop by the headquarters at 711 High Street, Des Moine, Iowa, United States. This complex has 2.7 million square feet of space, which are used for different purposes such as office buildings, a warehouse, 12 parking lots and ramps, and a green space.
For general inquiries, you can get in touch with the company by dialing 800 986 3343. This contact line is open from Mondays to Fridays from 7 AM to 7 PM.
Where is the Principal Financial Group Corporate Office Headquarters?
This global company has parts in different parts of the world, but the Principal Financial Group corporate office is located at 711 High Street, Des Moine, Iowa, United States as part of its 29-property complex.
How Do I Contact the Principal Financial Group Corporate Office?
If you are interested in contacting the company, you can simply dial 800 986 3343 for general questions, which is open during regular office days, from 7 AM to 7 PM.
Principal Financial Group Corporation Short History
The company was founded in the 1880s giving it a considerable amount of experience and history before becoming the organization that it is today. It started small in 1882 when it hired its very first employee.
After more than a decade, Ernest E Clark took over as president in 1911 and was renamed as The Bankers Life Company. However, it was in 1916 when sales started to pickup, helping it grow into a $844-million-dollar company by 1925.
The company was able to survive tragedy after tragedy, from the Great Depression in the 1930s to the two world wars. In fact, during these years, the company needed to relocate to a larger complex in order to accommodate its growth.
After the wars, the company entered the insurance field in 1952, with individual accident and health insurance. It then expanded its offerings in 1957 by providing ordinary life coverage.
Throughout the years, the organization continued to grow under the name Bankers Life Company until it was renamed Principal Financial Group in 1985.
Today, the company has expended from the United States into different countries from various around the world.
What Does Principal Financial Group Do?
Principal Financial Group provides investment management and insurance products. It covers different needs such as business and personal investments, retirements, and coverage. However, it also offers different types of business products and services such as employee and business protections.
Principal Financial Group Products and Services
The company caters to individuals through its Invest & Retire offerings like Roth and traditional IRAs, Rollover IRA, Annuities, and Retirement Plans like 401K.
It also specializes in disability income insurance, disability income retirement security, and estate planning and irrevocable life insurance trusts. Moreover, it helps clients find dentists, vision provider, and other care providers within their coverage.
For business clients, Principal Financial Group lets owners get retirement plants and group benefits for their employees. Options include 401K, 403B, ESOPs, pensions, and bonus plans, as well as insurances like disability, life, dental, vision, critical illness, and accident insurances.
Paid family and medical leave, and state disability insurance is also covered by Principal Financial Group’s range of offerings.
Principal Financial Group CEO and Key Executive Team
|Daniel J. Houston||Chairman, President, Chief Executive Officer|
|Amy C. Friedrich||President, US. Insurance Solutions|
|Christopher J. Littlefield||President, Retirement and Income Solutions|
|Deanna D. Strable||Executive Vice President, Chief Financial Officer|
|Kathleen B. Kay||Executive Vice President and Chief Informational Officer|
When Don Principal Financial Group Go IPO?
Principal Financial Group went public on October 26, 2001. Its initial public offering (IPO) was listed on the NASDAQ stock exchange under the ticker symbol “PFG.” The IPO price at the time of its listing was $18 per share.
Does Principal Financial Group Work Internationally?
Principal Financial Group is a global company that operates from the headquarters in the United States and has locations in different parts of the world.
It offers various products and services in these countries including China, Hong Kong, Indonesia, Malaysia, Mexico, Chile, Brazil, Singapore, and Thailand. It also has locations in the Netherlands, United Arab Emirates, Ireland, Germany, Malaysia, United Kingdom, Sweden, Australia, Japan, and Switzerland.
Where’s the Principal Financial Group Head Office in Mexico?
The company is present in Mexico through Principal Afore S.A. de C.V., Siefore Principal S.A. de C.V., and Principal Fondos de Inversion.
Its address is at Calzada Del Valle No.112 Ote Col. Del Valle, San Pedro Garza Garcia, Nl, 66220, Mexico. You can get in touch with the head office at +52 8180564624.
Where’s the Principal Financial Group Head Office in UK?
It also operates in United Kingdom through Principal Global Investors in Europe, Finisterre Capital, and Origin Asset Management.
Its address is at 50-51 High St, Stourport On Severn, Hereford and Worcester, DY13 8BX, United Kingdom with phone number at +44 1299878542.
Where’s the Principal Financial Group Head Office in Australia?
The company has operations in Principal Global Investors Australia Limited, which is headquartered in 2 Queen St L 8, Melbourne, Victoria, 3000, Australia. You can give it a call at +61 396201642.
Principal Financial Group Customer Service Support
You can visit the US headquarters at 711 High Street, Des Moine, Iowa, United States or dial 800-986-3343 for general inquiries. You can also submit a contact form via its Contact Us page. Dial 800-547-7754 for retirement plans, or 800-222-5852 for mutual fund clients.
Principal Financial Group Business Model and Strategy
Principal Financial Group is a global financial investment management and insurance company. Its business model revolves around providing a comprehensive range of financial products and services to individuals, businesses, and institutional clients. Here are some key aspects of Principal Financial Group’s business model and strategy:
- Retirement and Investment Solutions: Principal Financial Group offers a wide array of retirement and investment solutions to individuals and businesses. This includes retirement planning, 401(k) plans, individual retirement accounts (IRAs), annuities, mutual funds, and investment management services. The company aims to help clients grow and manage their wealth over the long term.
- Insurance and Protection: Principal Financial Group provides insurance products, including life insurance, disability insurance, and other forms of protection against unforeseen events. These offerings are designed to provide financial security and peace of mind to individuals, families, and businesses.
- Global Asset Management: The company has a robust asset management division, offering investment management services to institutional clients, including pension funds, corporations, and government entities. Principal Global Investors, a subsidiary of Principal Financial Group, manages a diverse range of investment strategies across equities, fixed income, real estate, and other asset classes.
- Workplace Benefits: Principal Financial Group partners with employers to offer comprehensive workplace benefits programs. These include employee retirement plans, group insurance plans, and other employee benefit solutions aimed at attracting and retaining talent while supporting employees’ financial well-being.
- International Expansion: Principal Financial Group has expanded its presence beyond the United States, with operations in several countries worldwide. This global reach allows the company to tap into new markets, diversify its revenue streams, and serve a broader client base.
- Technology and Innovation: Principal Financial Group emphasizes leveraging technology and innovation to enhance its services and customer experience. This includes digital tools, online platforms, and mobile applications that enable clients to access and manage their financial accounts conveniently.
Overall, Principal Financial Group aims to be a trusted partner in helping individuals and businesses achieve their financial goals through a combination of retirement planning, investment management, insurance protection, workplace benefits, and global asset management. By offering a comprehensive suite of financial services, the company seeks to provide holistic solutions to its clients’ financial needs.