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Principal Financial Group, Inc. View of the 801 Grand. The headquarters of its owner, Principal Financial Group is in the foreground at 711 High Street. Principal Financial Group is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, U.S.
The 145-year-old insurance company has needed a lot of tech investment lately to tear down the walls between its many business units.
The Principal Financial Group ® (The Principal ®) 1 is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers ...
In July 2019, Principal Financial Group acquired the company's Institutional Retirement & Trust business. On September 27, 2019, Charles Scharf was announced as the firm's new CEO. In 2020, the company sold its student loan portfolio. In May 2021, the company sold its Canadian Direct Equipment Finance business to Toronto-Dominion Bank.
Principal Group. The Principal Group was a group of interrelated Canadian financial companies that collapsed in 1987, resulting in losses to an estimated 67,000 people. Losses were in recovered in part through provincial governments paying compensation, based on findings as to deficiencies in regulatory oversight.
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