Principal Financial Group reviews

The Principal Financial Group is a great company to work for. However; as a legal Support Assistant you are doing everybody else’s job and get noted as the catch all for the department when others can't perform up to par, or are too lazy to do their own job that they are being paid an inflated salary for. The company runs on a seniority pay scale, so you can have an employee in your department that doesn't do anything, but has been with the company since Jesus so they get paid outrageous amounts for their little effort. Communication within the legal department is horrible.

For individual investors there are some excellent products, but some limitations, and many limitations on advising clients. currently company will not reimburse for additional designations such as cfp or chfc due to cutbacks. if you have the cfp designation not allowed to use the designation or hold yourself out as a cfp depending on your position with the company. Principal has offices nationwide, but almost exclusively in major cities, with the exception of their home office which is in Des Moines. If those locations don't work for you, then you are out of luck. Total compensation for many positions is below industry average, but still many employees will stay with the company because of the many positives.