Principal Financial Group, headquartered in Des Moines, Iowa, offers a range of financial products and services, employing 19,800 people since its IPO on October 26, 2001. Its segments include retirement solutions, asset management, and benefits protection.
PFG has been in the news recently: A survey by Principal Financial Group® revealed that 77% of middle-income households save an average of 7.8% for retirement despite facing financial challenges. Additionally, Principal Asset Management introduced the International Equity ETF (PIEQ) to address the rising demand for active ETFs, which reached $349 billion in 2023, and appointed Deanna Strable as president and CEO, effective January 7, 2025.
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