About Principal Asset Management
<p>From its headquarters in Des Moines in the heart of the Midwest, Principal Asset Management operates as the asset management division of Principal Financial Group and works with institutional investors and financial professionals worldwide.</p> <p>The firm offers investment strategies across equities, fixed income, real estate, and other asset classes, with resources and offices across the Americas, Asia, Australia, Europe, and the Middle East. For retirement plan sponsors that want an advisor with deep investment capabilities, Principal Asset Management can take on a <a href="/plan-advisors">plan advisor</a> role as a 3(21) fiduciary, providing non-discretionary investment advice while the sponsor retains final decision-making.</p> <p>As of 2026, the firm reports $1.0B in assets under management. Principal Financial Group traces its roots back nearly 150 years, which informs the investment platform and operating experience behind the asset management business.</p> <ul> <li>Headquartered in Des Moines, serving clients nationally and globally</li> <li>Retirement plan advisory support as a 3(21) fiduciary</li> <li>Investment capabilities across public and private markets, including real estate</li> <li>Works with institutional investors and financial professionals</li> </ul>
Website: https://www.principalam.com/
Office Locations
- Des Moines, IA (Headquarters)
Services Offered
- 3(21) Investment Advisor
Client Statistics (2026)
- Total Clients: 0
- Total AUM: $1.0B