What Does Principle Do?

Total employees385
HeadquartersDes Moines
Founded1987

Principle-Group, formally known as Principal Financial Group, is a global financial investment management and insurance company. Headquartered in Des Moines, Iowa, it offers a wide range of financial products and services, including retirement solutions, asset management, and insurance, to individuals, businesses, and institutional clients worldwide. With a history spanning over 140 years, the company focuses on helping customers achieve financial security and success.

Where Is Principle's Headquarters?

HQ Function

Serves as the central hub for global operations, strategic decision-making, corporate governance, and support for its diverse financial services and insurance businesses.

Notable Features:

The headquarters campus is a prominent landmark in downtown Des Moines, known for its extensive facilities, modern architecture, and significant presence in the city's skyline. It includes multiple interconnected buildings designed to foster collaboration.

Work Culture:

Principal Financial Group fosters a collaborative and inclusive work environment, often recognized for its commitment to employee well-being, professional development, and community involvement. It emphasizes integrity, customer-centricity, and ethical practices.

HQ Significance:

As a major employer in Iowa, the headquarters is vital to the local economy and community. It symbolizes the company's long-standing history and commitment to Des Moines since its founding in 1879.

Values Reflected in HQ: The headquarters' design and operations aim to reflect Principal's core values of integrity, financial strength, customer focus, ethical practices, and community responsibility.

Location:

Principle-Group (Principal Financial Group) supports its global operations through a network of offices and a diverse workforce across North America, Europe, Asia, Latin America, and Australia. Key functions supported globally include asset management, retirement services, life and health insurance, and business solutions, tailored to meet the specific needs of local markets while leveraging global expertise and technology.

Street Address:

711 High Street

City:

Des Moines

State/Province:

Iowa

Country:

USA

Where Else Does Principle Operate Around the World?

London, England, United Kingdom

Address: 1 Wood Street, London, EC2V 7JB, United Kingdom

To expand Principal's asset management footprint, offer localized investment solutions, and cater to the specific financial needs of clients within the EMEA market.

Singapore, Singapore

Address: 1 Raffles Quay, #20-01 North Tower, Singapore 048583

To support growth in the Asian markets, leveraging Singapore's position as a financial center to deliver investment expertise and retirement solutions across the region.

Wilmington, Delaware, USA

Address: 255 N DuPont Highway, Wilmington, DE 19801, USA

To provide operational support and service delivery for specific business lines, contributing to the company's overall U.S. presence and customer service capabilities.

Buying Intent Signals for Principle

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Principle? Meet the Executive Team

As of April 2025, Principle' leadership includes:

Daniel J. Houston - Chairman, President and Chief Executive Officer
Deanna Strable - Executive Vice President and Chief Financial Officer
Kamal Bhatia - President and CEO, Principal Asset Management
Teresa Hassara - President, Retirement and Income Solutions
Amy C. Friedrich - President, Benefits and Protection
Roberto Walker - President, Principal Latin America
Thomas Cheong - President, Principal Asia

Who's Investing in Principle?

Principle has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Capital World Investors
J.P. Morgan Investment Management Inc.

What Leadership Changes Has Principle Seen Recently?

Hire1
Exits2

Over the past year, Principle-Group (Principal Financial Group) has experienced key leadership transitions, including retirements of long-serving executives and the appointment of new leaders in its Asset Management and Retirement and Income Solutions divisions. There have also been strategic role evolutions to further strengthen its market position and drive growth.

Departures

Pat Halter, Pat Halter retired as CEO of Principal Global Investors (rebranded as Principal Asset Management) at the end of 2023 after a distinguished career.
Chris Littlefield, Chris Littlefield retired as President of Retirement and Income Solutions at the end of 2023, concluding a long tenure with the company.

New Appointments:

Teresa Hassara, Teresa Hassara was appointed as the new President of Retirement and Income Solutions, bringing extensive industry experience to lead this key business unit.
Kamal Bhatia, Kamal Bhatia, previously COO, transitioned to President and CEO of Principal Asset Management, taking full leadership of the global asset management arm following Pat Halter's retirement.
Amy C. Friedrich, Amy C. Friedrich's role was expanded to President, Benefits and Protection, consolidating leadership over U.S. insurance solutions and enhancing strategic focus.

What Technology (Tech Stack) Is Used byPrinciple?

Discover the tools Principle uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Principle Email Formats and Examples

Principle-Group (Principal Financial Group) commonly uses the [last].[first]@principal.com email format. While other formats might exist within the organization, this pattern is widely observed for employee email addresses.

[last].[first]@principal.com

Format

houston.daniel@principal.com

Example

90%

Success rate

What's the Latest News About Principle?

Yahoo Finance (via Business Wire) • May 2, 2024

Principal Financial Group® increases common stock dividend and declares preferred stock dividend

Principal Financial Group announced its board of directors approved a $0.02 increase to its second quarter 2024 common stock dividend to $0.69 per share. The dividend will be payable on June 28, 2024, to stockholders of record as of June 7, 2024. Additionally, quarterly dividends for its preferred stock series were declared....more

PR Newswire • April 25, 2024

Principal Financial Group® announces first quarter 2024 results

Principal Financial Group reported net income available to common stockholders of $364.5 million, or $1.49 per diluted share, for the first quarter of 2024. Non-GAAP operating earnings were $427.7 million, or $1.75 per diluted share for the same period....more

Business Wire • April 4, 2024

Principal® Foundation and an Iowa Intermediary Announce Funding for Rural Small Businesses

Principal® Foundation announced a $1 million grant to ISED Ventures, a Community Development Financial Institution (CDFI), to expand access to capital for rural small businesses in Iowa. This initiative aims to provide flexible loans and development services to support underserved entrepreneurs....more

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