Firm profile

PRINCIPAL SECURITIES, INC.

DES MOINES, IACRD 1137Latest ADV March 30, 2026

Principal Securities, Inc. is an SEC registered investment adviser organized as a corporation with a primary office location in Des Moines, IA. Its latest Form ADV filing, dated March 30, 2026, reports $17.0B in regulatory assets under management, 1,464 employees, 358 offices, and 68,981 accounts.

Assets Under Management
$17.0B
Employees
1,464
Offices
358 offices
Total Clients
51,941
Primary office
DES MOINES, IA
711 HIGH STREET, DES MOINES, IA, United States
ADV Item 1F location record

Contact and digital presence

ADV profile links

Leadership

3 roles identified
CEOMichael Francis Murray
CCOThomas John Drogan
CFODawn Marie Roberts

Advisory services offered

6 types reported
Educational seminars/workshops
Financial Planning Services
Pension consulting services

Fee models offered

4 types reported
Asset based fees
Fixed fees
Hourly charges
Sources checked May 13, 2026

Client Coverage Demographics

Top client segmentIndividuals represent 94.4% of total clients.
Top client categories% of clientsClients
1
Individuals
94.4%
49,012
2
HNWI
5.1%
2,638
3
Corporations
0.4%
221
4
Charitable
0.1%
41
5
Pension Plans
0.1%
29

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$17.0Bas of March 30, 2026
Discretionary83.1%
$14.1B
83% of total RAUM83.1%
Non-discretionary16.9%
$2.9B
17% of total RAUM16.9%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Latest AUM$17.0B
Total Accounts68,981
10Y AUM Change+$15.1B (+788.4%)

Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees1,464
Clients per Employee35:1
10Y Employee Change-283 (-16.2%)

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.