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Find a Location

Principal Financial Group has 48 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.

    Business ProfileforPrincipal Financial Group

    Life Insurance
    HeadquartersMulti Location Business
    BBB accredited business
    The Complaints and Reviews shown on this HQ profile may have been submitted against either the HQ itself or one of the corporate-owned locations found under "Find Locations".

    Additional business information

    Additional Info:
    The BBB has received notice of a sweepstakes scam involving the illegal use of the Principal Financial Group logo and Principal Life Insurance Company name and address as the issuer of fraudulent checks.

    At-a-glance

    Customer Reviews

    1.04/5stars

    Average of 193 Customer Reviews

    Customer Complaints

    376 complaints closed in last 3 years

    119 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 12/1/1948

    Years in Business: 145

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    This company offers a wide variety of products and services: life insurance, health insurance, banking, investment opportunities, residential mortgages, and group benefits.

    Business Details

    This is a multi-location business.

    Find a Location

    Principal Financial Group has 48 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      Headquarters
      711 High Street, Des Moines, IA 50392-0001
      BBB File Opened:
      1/1/1948
      Years in Business:
      145
      Business Started:
      7/1/1879
      Business Incorporated:
      7/11/1968
      Accredited Since:
      12/1/1948
      Type of Entity:
      Corporation
      Alternate Business Name
      • Principal Life Insurance Co
      • Principal Bank
      • Principal Global Investors
      Business Management
      • Eva Sweet, Vice President-Corporate Relations
      • Daniel Houston, President/CEO
      Contact Information

      Principal

      • Daniel Houston, President/CEO
      Additional Contact Information

      Phone Numbers

      Website Addresses

      Industry Tip

      BBB Tip: How to buy life insurance

      Customer Complaints

      376 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      07/02/2024

      Complaint Type:
      Product Issues
      Status:
      Resolved
      In December 2023 I had another **** request a 401K held by Principal rollover to an *** ******** The *** **** confirmed sending the request to Principal, but after 90 days the transaction was never executed by Principal. My *** **** suggested I reach out to Principal to resolve, and the *** account timed out and closed not being funded from Principal.In the last few weeks I started a new rollover effort, but could not log into my Principal account online to see the balances. After resetting my password the system still would not let me log in. I contacted Principal via their 800 number to get that corrected. The service agent could not access my account stating that the request needed to be escalated to a higher area in Principal to correct the issue. They created a Help File number and stated that I would be contacted via email or phone in order to correct the issue. I have not been contacted, I have called weekly and the ************************************************************************************************************* access my retirement funds. Reference case # ********
      Read More

      Customer Reviews

      193 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Andres C

      1 star

      06/25/2024

      Worse customer service. Quality is terrible, seems to be getting the runaround on trying to get MY money. Dealing with Court mandated debt and need my money. Will affect my life and my family. Ive extended the deadline with the court twice because Principal cant seem to do their job correctly. Ive started this process since the 28th of May. They keep giving me different answers and tell me the next day. Ive waited for their supervisor to reach out. Have not gotten anything. Even though I was being helped when one supervisor ******** ensured me that they will watch over it and update me asap, I called number they provided ************ and again ensured that its her direct line and shell get it handled but seems like they dont want to answer me when *** called next day after I havent heard from ******** as well. Im stuck and really need my money and Principal, instead of helping is burying me more. I will never use them and was not my choice. My ex-employer who I havent worked for over yr and half moved to them at the time. Im at the point where I will have to get legal action involved just so I can get my money from them.

      Local BBB

      BBB serving Greater Iowa, Quad Cities, and Siouxland Region

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