Principal Financial Company
|Principal Financial Company is a leading global financial company. It offers a wide range of financial products and services to businesses, individuals and institutional clients. Founded in 1879, Principal's range of products and services include group insurance, retirement solutions, wellness programs as well as investment and banking products. This is through its diverse family of financial services companies and national network of financial professionals. Principal focuses on small and medium-sized businesses and global asset management. Its objective is to help businesses and people meet their financial goals. The organization is a member of the Fortune 500, (The company has been ranked 286th on Fortune magazine's list of the largest 500 corporations based on 2010 GAAP revenues). The company's address is:|
Principal Financial Company
711 High Street
Des Moines, IA 50392
Phone Number: 1-800-986-3343
The Principal Financial Group has $335 billion in assets under management and serves some 18 million customers worldwide from offices in 18 countries throughout Asia, Australia, Europe, Latin America and North America.
|It has been highlighted on the news and its profile at|
http://www.principal.com/about/facts/companyprofile-122011.pdf, that Principal Financial Group, Inc is traded on the New York Stock Exchange under the ticker symbol PFG. The company was ranked 481 on the Forbes Global 2000 list which recognizes the world's biggest and most powerful companies as measured by a composite ranking for sales, profits, assets and market value. There is also the Principal Global Investors which is a diversified asset management organization and a member of the Principal Financial Group. It manages assets primarily for retirement plans and other institutional clients.
Principal Financial Company HistoryPrincipal Financial Company History goes back more than 100-years. It was founded as Bankers Life Association by Edward Temple and five other people. Initially the company provided life insurance to men between the ages of 22 and 55. As highlighted in the Wikipedia, they had to be in good health and not be employed in any occupation that was considered high-risk. Insurance benefits would also not be awarded if unintentional death was caused by harmful consumption of alcoholic beverages or the irresponsible usage of drugs. In the year 2001, Principal filed their initial public offering and became a publicly traded corporation. Overall, the company has been named one of the Fortune 100 best companies to work for during the past seven consecutive years 2003-2009 along with other awards such as AARP's Best Employers for Workers Over 50, Top 50 Companies for Executive Women, 100 Best Places to Work in IT, Named among Working Mother magazines 100 Best Companies for WorkingMothers and Ranked 33 in Top 500 Most Innovative Users of Information Technology etc.
Principal Financial Company RatingsPrincipal Financial Company Ratings and review tell of the company's strength. Principal's most recent financial results; March 31 2012 reflect the strength of its business under challenging conditions. The highlights of the 2012 results include strong sales in the company's three key US retirement and investor services accumulation products in the first quarter with $3.2 billion for full service accumulation, a record $3.7 billion for Principal Funds and $587 million for Individual Annuities. This information is accessible at http://www.principal.com/about/financialstrength.htm. It further highlights net cash flows of $2.0 billion for Full Service Accumulation and a record of $1.5 billion for Principal Funds.
For more information about the company, login on its official website.