Data / Investment advisers / Iowa / Principal Asset Management
Principal Asset Management, Des Moines, IA: $428 billion AUM, SEC registered investment adviser
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
Principal Asset Management is an SEC registered investment adviser with its main office in Des Moines, Iowa and reports $428 billion in regulatory assets under management in its Form ADV filed May 28, 2026. Its clients include investment companies, insurance companies and pension and profit sharing plans. It is paid through a percentage of assets under management, fixed fees and performance based fees. It advises 10 private funds.
The request: Watch Principal Asset Management (CRD number 109002): each new Form ADV amendment, with AUM, clients and private funds. $10 of work on sign-up, no card.
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- Registration
- SEC registered investment adviser
- CRD number
- 109002
- SEC file number
- 801-55959
- SEC status
- Approved, effective October 26, 1998
- Legal name
- Principal Global Investors, LLC
- Main office
- 801 Grand Ave, Des Moines, IA 50392
- Phone
- (800) 787-1621
- Regulatory AUM
- $427,712,721,629 in the Form ADV filed May 28, 2026
- Discretionary AUM
- $419,245,584,914
- Non discretionary AUM
- $8,467,136,715
- Accounts
- 8,169
- Employees
- 1,394, of which 337 give investment advice
- Form of organization
- Limited Liability Company
- Paid through
- a percentage of assets under management, fixed fees, performance based fees, other fees
- Private funds
- 10: 6 hedge funds, 4 private equity funds
- Gross assets of private funds
- $972,647,626
- Other offices
- 19
- Form ADV Item 11 disclosures
- Reported: other federal, state or foreign regulatory actions
- Latest Form ADV filing
- May 28, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Investment companies | 101 | $150.65 billion |
| Insurance companies | 60 | $145.34 billion |
| Pension and profit sharing plans | 578 | $41.04 billion |
| Pooled investment vehicles | 29 | $39.99 billion |
| Corporations or other businesses | 951 | $17.26 billion |
| Sovereign wealth funds and foreign official institutions | 12 | $14.28 billion |
| Banking or thrift institutions | 37 | $8.50 billion |
| State or municipal government entities | 78 | $5.54 billion |
| Individuals (other than high net worth individuals) | 6,014 | $2.11 billion |
| Charitable organizations | 30 | $2.04 billion |
| High net worth individuals | 315 | $969.7 million |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| April 1, 2026 | $427.71 billion | March 31, 2026 |
| December 1, 2025 | $364.04 billion | September 18, 2025 |
Other advisers in Des Moines
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Principal Real Estate | Des Moines | $105.65 billion | 18 | adviserinfo.sec.gov |
| Principal Securities, Inc. | Des Moines | $17.02 billion | Not listed | adviserinfo.sec.gov |
| BTC Capital Management | Des Moines | $4.60 billion | Not listed | adviserinfo.sec.gov |
| Principal Advised Services | Des Moines | $1.42 billion | Not listed | adviserinfo.sec.gov |
| Legacy Financial Group | Des Moines | $1.01 billion | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Des Moines, IA
- Investment advisers in Iowa
- Advisers with Over $100 billion in AUM
- Advisers serving investment companies
- Advisers serving insurance companies
- Advisers that manage private funds
- Principal Asset Management on the SEC's adviser search
Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.