Principal Securities, Inc.

Overview

Principal Securities, Inc. is a Broker Dealer and registered investment adviser based in Des Moines, IA, registered since 1968. It reports $17B in assets under management across 68,981 accounts, with 1,464 employees. Its 2,784 registered representatives work across 474 branch offices in 45 states.

Reported AUM

$17B

Discretionary

83%

Accounts

68,981

Average account

$247K

Employees

1,464

Registered reps

2,784

Branch offices

474

Registered since

1968

As reported in the firm's March 2026 filing.

Contact

1 phone number on file

Practice

Services

• Educational Seminars
• Financial Planning
• Individuals or Small Business
• Pension Consulting
• Portfolio Management for Businesses or Institutional Clients
• Selection of Other Advisors

Client types

• Charities and Non-Profits
• Corporations/Businesses
• High Net Worth Individuals
• Individuals
• Pension/Profit Sharing Plan

Fee structure

Fixed Fees, Hourly Charges, Other Fees and Percentage of Assets. Sponsors a wrap fee program.

Products and services

• Alternative Investments
• Corporate Bonds
• Derivatives
• Insurance
• Investment Advisory Services
• Kiosk Activities - Bank
• Kiosk Activities - Insurance
• Limited Partnerships Primary Distributions
• Municipal Securities Broker
• Municipal Securities Dealer
• Mutual Fund/Retailer
• Mutual Funds
• 7 more

Executive officers 3 of 12

• Michael Francis Murray President, Chief Executive Officer, Chairperson CRD 2074275
• Chad Thomas Claire Chief Information Officer CRD 7219218
• Dawn Marie Roberts Chief Financial Officer CRD 7929617

9 more executive officers, with direct contact details

Registered reps 3 of 2,784

• Tyler James Abels Registered Rep · Investment Adviser Rep CRD 5482072
• Brian K Abrahims Insurance Agent · Registered Rep CRD 3277724
• Theodore Ackerson Insurance Agent · Registered Rep CRD 7561699

2,781 more registered reps, with emails, phones and branch locations

Location

Headquarters

711 High St
Des Moines, IA 50392

County

Polk

Metro area

Des Moines-West Des Moines, IA

Region

Midwest

Branch offices

474 in 45 states, including Orlando, FL, Charlotte, NC and Tampa, FL

Registrations

• SEC registered, corporation formed in Iowa
• Registered in 52 jurisdictions
• Website: principal.com

Every state, with registration dates

Similar firms near Des Moines

• Principal Funds Distributor, Inc.Des Moines, IA246 reps
• Fidelity & Guaranty Securities, LLCDes Moines, IA38 reps
• D.M. Kelly & CompanyDes Moines, IA7 reps
• Fbl Marketing Services, LLCWest Des Moines, IA1,173 reps
• Integrity Alliance, LLC.Urbandale, IA629 reps