Principal Advised Services
Assets Under Management
$887.3M
Number of Clients
16,940
Number of Advisors
216
Average Client AUM
$52K
AUM per Advisor
$4.1M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Principal Advised Services provides both non-discretionary and discretionary advice services. It offers advice to participants in plans recordkept by Principal Financial Group, other retail clients, and prospective retail clients. Services include advice on savings rates, fund selection, distribution options, rollovers, and financial planning.
Fee Structure
There is no additional fee charged for the nondiscretionary investment advice and recommendations, except for financial planning services. Financial planning services are provided for a subscription fee of $385 annually or $35 monthly. A minimum of $5,000 is required to initially invest in SimpleInvest, and a balance of at least $1,000 must be maintained in each account.
Areas of Practice
Location
655 9th Street, Des Moines, IA, 50309
