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PRINCIPAL ASSET MANAGEMENT
Legal name: PRINCIPAL GLOBAL INVESTORS, LLC
CRD 109002File 801-55959
APPROVED
Retail clients
Custody
Disclosure events
Filing as of May 28, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$427.71B
Top 10% of cohort (national)
Discretionary AUM
$419.25B
Non-discretionary $8.47B
Clients
8,205
8,169 accounts
Employees
1,394
Top 10% of cohort in IA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Oct 26, 1998
- Principal office
- 801 GRAND AVE, DES MOINES, IA, 50392-0001
- Phone
- 800-787-1621
- Website
- HTTPS://WWW.PRINCIPALAM.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $427.71B
- Discretionary AUM
- $419.25B
- Non-discretionary AUM
- $8.47B
- Discretionary accounts
- 8,162
- Non-discretionary accounts
- 7
- Total accounts
- 8,169
- AUM per client
- $52.1M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 951 | $17.26B |
| Non-U.S. persons | 12 | $14.28B |
| Insurance companies | 60 | $145.34B |
| Investment companies | 101 | $150.65B |
| Charitable organizations | 30 | $2.04B |
| Other investment advisers | Fewer than 5 | $0 |
| High net worth individuals | 315 | $969.7M |
| Pooled investment vehicles | 29 | $39.99B |
| Banking or thrift institutions | 37 | $8.50B |
| Pension and profit sharing plans | 578 | $41.04B |
| State or municipal government entities | 78 | $5.54B |
| Individuals (other than high net worth individuals) | 6,014 | $2.11B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Fixed fees
- Other (described) — CHARGE ON A COST ALLOCATION BASIS TO PRINCIPAL LIFE
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Other
- Other advisory activities
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- Yes
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11- Q11D2
- Q11D4
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 1,350 | 1,394 | increased by44 |
| Apr 1, 2026 | Clients | 7,399 | 8,205 | increased by806 |
| Apr 1, 2026 | AUM | $364,035,359,901 | $427,712,721,629 | increased by$63,677,361,728 |
| Apr 1, 2026 | Accounts | 7,399 | 8,169 | increased by770 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 1,835 | 1,350 | decreased by485 |
| May 1, 2025 vs Oct 1, 2022 | Disclosures | No | Yes | |
| May 1, 2025 vs Oct 1, 2022 | Clients | 8,616 | 7,399 | decreased by1,217 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $340,213,907,511 | $364,035,359,901 | increased by$23,821,452,390 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 8,616 | 7,399 | decreased by1,217 |
| Apr 1, 2022 | Employees | 1,775 | 1,835 | increased by60 |
| Apr 1, 2022 | Clients | 9,208 | 8,616 | decreased by592 |
| Apr 1, 2022 | AUM | $391,962,559,835 | $340,213,907,511 | decreased by$51,748,652,324 |
| Apr 1, 2022 | Accounts | 9,209 | 8,616 | decreased by593 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “PRINCIPAL ASSET” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“PRINCIPAL ASSET” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.