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Principal Financial Group, Inc. Business Reports

Principal Financial Group, Inc. Overview

Address

711 High St. Des Moines, 
IA 50392 United States
Phone: 515-247-5111
Fax:515-246-5475
Toll Free:800-986-3343

Principal Financial Group, Inc. Rankings

#268 in FORTUNE 500 (May 2011) 
#S&P 500 
#268 in FORTUNE 1000 (May 2011)

Company Description

Ah, the circle of life. For a child in elementary school, avoiding the principal is paramount. However, folks looking toward retirement may actually seek out The Principal. Principal Financial Group (or The Principal) is a top administrator of employer-sponsored retirement plans, offering pension products and services, as well as mutual funds, annuities, asset management, trust services, and investment advice. Its insurance segment provides group and individual life and disability insurance and group dental and vision coverage. To compete with banks encroaching on the company's territory and to maximize customer asset retention, subsidiary Principal Bank offers online banking.

Principal Financial Group, Inc. Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • Company History
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.
  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.
  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.
  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up tp speed on a company's history.
  • Key People

    Uncover the roles and responsiblities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.
  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$69

    Choose below from the available Industry Reports related to 

  • Insurance Carriers Industry Report
  • Banks & Credit Unions Industry Report
  • Mutual Fund Management Industry Report
  • Life Insurance Carriers Industry Report

Insurance Carriers Industry Report

Purchase Report
 
$129

Overview

The US insurance carriers industry includes about 7,500 companies with combined annual revenue of more than $1 trillion. Major companies include AIG, MetLife, Prudential Financial, and Hartford Financial Services Group. The industry is concentrated: the 50 largest companies generate about 60 percent of revenue. Concentration is higher in some industry segments.

SIC: 6311, 6321, 6331, 6351, 6361, 6411

NAICS: 524298, 524130, 524128, 524127, 524113, 524114, 524126

 

Sample Questions & Answers

How does the company manage shifts in revenue due to economic conditions?

The revenue of insurance companies is highly dependent on investment income, which can suffer in economic downturns. Insurers, who invest premiums paid by customers until the money is needed for claims, saw those investments wither along with the...

 

How would an updated catastrophe modeling system help the company in underwriting?

Large-scale claims have become more common, creating problematic concentrations of risk for individual insurers. Although insurers often spread risks through reinsurance, some risks can be large enough to drive insurers out of business, curtail...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.
    • Trends & Opportunies

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
    • Call Preparation Questions

      Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
    • Industry Forecast

      Identify growth and integrate projections in your own business planing.
    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.
    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Insurance Carriers Industry Report

    Purchase Report
     
    $129

    Banks & Credit Unions Industry Report

    Purchase Report
     
    $129

    Overview

    The US banking industry includes about 6,400 commercial banks, 1,100 savings banks, and 7,200 credit unions with combined annual revenue of about $700 billion. Major companies include Bank of America, Citibank, JPMorgan Chase, Wells Fargo, and Navy Federal Credit Union. The industry is concentrated: the 50 largest firms generate 70 percent of revenue. Commercial banks account for about 80 percent of industry revenue; savings banks, 15 percent; and credit unions, 5 percent.

    SIC: 6035, 6021, 6019, 6061, 6099, 6091

    NAICS: 522120, 522110, 522130, 523991, 522390, 522320

     

    Sample Questions & Answers

    How will the financial reform law of 2010 impact the bank's operations?

    The financial reform law passed in 2010 expands federal regulation of the banking industry; it also increases monitoring of economic risks, sets standards for derivative trading, and abolishes the Office of Thrift Supervision. Critics of the new law...

     

    What changes does the bank expect in interest rates in the next year?

    Because many banks make money mainly by lending funds at higher interest rates than they have to pay to acquire funds, their profits are sensitive to changes in interest rates. When the cost of funds rises, bankers may be unable to increase the...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.
      • Trends & Opportunies

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
      • Call Preparation Questions

        Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
      • Industry Forecast

        Identify growth and integrate projections in your own business planing.
      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.
      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Banks & Credit Unions Industry Report

      Purchase Report
       
      $129

      Mutual Fund Management Industry Report

      Purchase Report
       
      $129

      Overview

      The US mutual fund management industry includes about 600 companies with about $12 trillion in assets under management. Major companies include BlackRock, Capital Research and Management (American Funds), FMR (Fidelity Investments), JPMorgan Chase, and Vanguard.

      SIC: 6282

      NAICS: 523920

       

      Sample Questions & Answers

      How rapidly does the company expect to increase the size of its funds?

      The fees mutual fund managers receive are linked to the size of the funds they manage. Declines in the value of the securities in a fund, or withdrawals by investors, directly affect management revenue. Funds with poor investment performance can...

       

      How does the company counter the allure of higher-return investments?

      Other types of investments can pull money out of mutual funds. Because many mutual funds are structured as low-risk investments suitable for retirement-oriented investors, they typically produce only moderate gains. Hedge funds, real estate, and...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.
        • Trends & Opportunies

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
        • Call Preparation Questions

          Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
        • Industry Forecast

          Identify growth and integrate projections in your own business planing.
        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.
        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Mutual Fund Management Industry Report

        Purchase Report
         
        $129

        Life Insurance Carriers Industry Report

        Purchase Report
         
        $129

        Overview

        The US life insurance carriers industry includes about 900 companies with annual revenue of around $535 billion. Major companies include MetLife, New York Life, and Northwestern Mutual Life, as well as the life insurance operations of Aetna and The Hartford.

        SIC: 6311

        NAICS: 524113

         

        Sample Questions & Answers

        How does the company manage its investments and hedge against market volatility?

        The revenue of insurance companies is dependent on investment income for the companies and their customers, and returns are vulnerable to market volatility. Insurers invest premiums paid by customers until the money is needed for claims; in a down...

         

        How do regulations vary by state?

        Insurance operations are regulated at the state level, and insurance companies must comply with the various regulations for each state in which they operate. States establish rates and approve rate increases; regulate trade practices, advertising,...

         

        To read this full Call Prep Question and others, purchase the full report.

         

        General Report Description

        Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

         

        Sections Included in Report

        • Industry Overview
        • Quarterly Industry Update
        • Business Challenges
        • Trends and Opportunities
        • Call Preparation Questions
        • Financial Information
        • Industry Forecast
        • Website and Media Links
        • Glossary of Acronyms

          Industry Report Highlights:

          • Recent Developments

            Stay up to date on crucial industry news that may affect your strategy.
          • Trends & Opportunies

            Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
          • Call Preparation Questions

            Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
          • Industry Forecast

            Identify growth and integrate projections in your own business planing.
          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
          • Executive Insight

            Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
          • Financial Information

            Increase your credibility and support your presentations by adding verifiable industry metrics.
          • Web Links & Acronyms

            Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

          Life Insurance Carriers Industry Report

          Purchase Report
           
          $129

          Principal Financial Group, Inc.  Overview

          Top 3 Competitiors

          Company: American International Group, Inc.
          Location: New York, NY

          Company: AXA
          Location: Paris, France

          Company: Aetna Inc.
          Location: Hartford, CT

          Industries where Principal Financial Group, Inc. Competes

          Retirement & Pension Management
          Read More

          Financial Services
          Read More

          Asset Management
          Read More

          Mutual Fund Management
          Read More

          Insurance
          Read More

          Life Insurance Carriers
          Read More

          Competitive Landscape Brief

          Demand is driven by consumer income and wealth and demographics. The profitability of individual firms depends largely on effective marketing. Large companies have some advantages in providing expertise in a wider range of investment options, and they may be able to charge lower fees. Small companies can compete successfully by providing better service and advice.

          Principal Financial Group, Inc. Competitive Landscape

          Purchase Report
           
          $69

          Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

           

          Sections Included in Report

          • Key Numbers
          • Profitability
          • Valuation
          • Operations
          • Financial Ratios
          • Per Share Data ($)
          • Growth Statistics
          • *Data provided for 3 to 30 competitors

            Company Landscape Report Highlights

            • Competitors List

              Identify specific primary and secondary competitors, allowing you evaluate the chances of sucessfully introducing new products.
            • Competive Landscape

              Acess detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

            Competitive Landscape Report

            Purchase Report
             
            $69

            Principal Financial Group, Inc. Overview

            Address

            711 High St. Des Moines, 
            IA 50392 United States
            Phone: 515-247-5111
            Fax:515-246-5475
            Toll Free:800-986-3343

            Principal Financial Group, Inc. Rankings

            #268 in FORTUNE 500 (May 2011) 
            #S&P 500 
            #268 in FORTUNE 1000 (May 2011)

            Company Description

            Ah, the circle of life. For a child in elementary school, avoiding the principal is paramount. However, folks looking toward retirement may actually seek out The Principal. Principal Financial Group (or The Principal) is a top administrator of employer-sponsored retirement plans, offering pension products and services, as well as mutual funds, annuities, asset management, trust services, and investment advice. Its insurance segment provides group and individual life and disability insurance and group dental and vision coverage. To compete with banks encroaching on the company's territory and to maximize customer asset retention, subsidiary Principal Bank offers online banking.

            Principal Financial Group, Inc. Spotlight on IT

            Purchase Report
             
            $300

            Hoover’s Spotlight Reports on IT give you a look inside of IT departments of top companies, making it easier for you to learn, prepare, and sell to the IT professionals that lead them. These reports reveal the software and platforms that are currently in use, an overview of the IT department and their strategy, and the IT leaders that make the decisions.

             

            Sections Included in Report

            • Company Overview
            • IT Strategy
            • IT Highlights
            • IT Executives
            • IT Contacts
            • Recent News and Activity
            • Conversation Starters
            • Industry Data
            • Major Subsidiaries and Locations

              Information Technology Report Highlights

              • Company Overview

                Quickly grasp how company operates and understand their current business environment, ensuring you make the right first impression with minimal time invested.
              • IT Highlights

                Be in the know about a company's current infrastructure before you make contact with the list of applications, software, and hardware presently in use.
              • IT Contacts

                Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you don't wast time talking to the wrong contact.
              • Conversation Starters

                Gain instant rapport by engaging you sales prospect as a fellow industry "insider," thanks to these carefully-designed call preparatiion question (with answers).
              • Major Subsidiaries & Locations

                Uncover new cross-sell and up-sell opportunities by exploring the company's corporate relationships.
              • Business Challenges

                Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
              • IT Strategy

                Identify industry trends, opportunities, and challenges that a company is facing right now - often directly from the mouths of its own executives.
              • IT Executives

                Learn the background and technology interests of the company's IT executives, allowing you to strategically position your product in a way that's compatible with their vision.
              • Recent News & Activity

                Stay connected to your prospects and customers by communicating with them about recent developments that affect their business.
              • Industry Data

                Find the SIC and NAICS codes for the oftentimes disparate industries a company does business in to ensure your sales presentation delivers a wide-reaching and compelling value proposition.