Principal Financial Group (NYSE:PFG) (NYSE: PFG) is a global financial services company that provides a range of retirement, insurance, asset management and related financial products and services. Founded in 1879 and headquartered in Des Moines, Iowa, Principal has built a reputation for helping individuals and institutions plan for long-term financial security. The company’s integrated platform combines retirement plan services, life and health insurance solutions, and investment strategies to address the evolving needs of its clients.
In the retirement segment, Principal offers defined contribution plans, defined benefit plans, and pension risk transfer solutions. These services are designed to help employers manage their obligations and assist employees in building retirement savings. The insurance division provides individual and group life insurance, disability income insurance and related products aimed at protecting financial well-being in the face of life’s uncertainties. Through its asset management arm, the company delivers a range of mutual funds, exchange-traded funds (ETFs) and customized institutional portfolios, leveraging both active and passive investment approaches.
Principal operates across North America, Latin America and Asia, serving corporate, public sector and individual clients. The company maintains a strong footprint in the United States, where it works with retirement plan sponsors in a variety of industries, as well as in key international markets, notably Brazil and Chile in Latin America and China, India and other Asian economies. By combining regional expertise with global resources, Principal seeks to offer locally tailored solutions supported by centralized research, risk management and technology platforms.
Governed by a board of directors and led by President and Chief Executive Officer Daniel J. Houston, Principal Financial Group emphasizes a client-centric culture and a commitment to corporate responsibility. The company has evolved through strategic acquisitions, product innovations and digital transformation initiatives designed to enhance customer experience and operational efficiency. Over more than 140 years, Principal has maintained its focus on helping clients achieve financial well-being while adapting to changing market dynamics and regulatory environments.
