Principal Financial Group, Inc.

Principal Financial Group, Inc. is an American global financial investment management and insurance company headquartered in Des Moines, Iowa. Founded in 1879, the company's core mission is to help individuals, businesses, and institutional clients build, protect, and advance their financial well-being.

The company offers a comprehensive suite of financial products and services, including retirement solutions such as 401(k) and pension plans, defined contribution and benefit plans, and retirement income solutions. Its offerings also encompass asset management, including mutual funds and ETFs, and a range of insurance products like life, disability, dental, and vision coverage. Principal Financial Group serves a diverse client base across the Americas, Asia, Australia, Europe, and the Middle East.

Led by CEO Deanna Strable-Soethout and Chairman Daniel Houston, Principal Financial Group is a Fortune 500 company serving approximately 70 million customers globally. Recent developments include the agreement to acquire Beam Benefits in July 2026, aimed at expanding its small business benefits offerings, and the expansion of its retirement income suite. Principal Asset Management also launched a Fixed Income ETF Suite in June 2026. The company was recognized as one of the 2026 World's Most Ethical Companies® by Ethisphere. However, recent reports from July 2026 also indicate potential layoffs within the Enterprise Data and Analytics organization due to the integration of an AI firm.