Principal® is a Fortune 500® financial company with nearly 20,000 global employees* passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping more than 62 million customers* plan, protect, invest, and retire. Along the way, we commit to supporting the communities where we do business and building a diverse, inclusive workforce.
Our purpose
Principal exists to drive greater access to the financial tools, solutions, and advice people need to feel more financially secure.
We believe everyone deserves the security to pursue their dreams and make progress toward their goals.
Reimagining the future of financial services
Financial professionals, business decision makers, and individuals turn to us for the solutions and expertise to help them reach their financial goals.
But that’s not why we’re here. We’re here to help people create the kind of lives they dream about, empowered by financial security and stability.
A 140+ year journey
Founded in 1879 as a small life insurance company in Des Moines, Iowa, we’ve become a formidable global leader in retirement and long-term savings, while also expanding our insurance business. Evolving from our history as a mutual company, Principal became a public company over 20 years ago. Today, we’re a member of the Fortune 500®, serving nearly 62 million customers in more than 80 nations and territories.*
Our products and services
We offer a broad range of solutions to help customers build, protect, and advance their financial well-being.
Individuals
We help people save for retirement, manage investments, and protect—and enjoy—the life they’ve worked hard to build.
Including:
Retirement savings—defined contribution, including 401(k) and 403(b), defined benefit, non-qualified deferred compensation, and IRAs
Estate planning and personal trusts
Individual variable annuities and mutual funds
Businesses
We help employers protect their employees, their business, and themselves through a comprehensive set of employee benefits and retirement plans, plus the expertise we offer.
Institutions
We help institutions meet financial targets through specialized investment portfolios, customizable strategies, and long-term savings and pension solutions.