Princor Financial Services Corporation (Des Moines)

Name: Princor Financial Services Corporation
Address: 655 9 Th Street, Des Moines, IA, 50309
Telephone: 888-774-6267

Princor Financial Services Corporation is a large advisory firm based in Des Moines. It manages $1.62 billion of regulatory assets for 15,486 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Princor Financial Services Corporation provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Princor Financial Services Corporation: assets under management

The assets under management (AUM) of Princor Financial Services Corporation is $1.62 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 5909% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.62 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $104.77 thousand each.

Princor Financial Services Corporation has custody of $4.48 billion in cash and securities for 23,031 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Princor Financial Services Corporation for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Princor Financial Services Corporation

Nora Mary Everett has been acting as President since 1 Jun 2008. Traci Lea Weldon joined the executive team most recently as the Senior Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joyce Nixson Hoffman	Vice president	1 Apr 1987	Other	1859610
Arthur Siglin Filean	Vice president	1 Jan 1991	Other	207486
Paul Norman Germain	Vice president	1 Nov 1991	Other	1351422
John Randall Lepley	Senior vice president, marketing	1 Jan 1993	Other	1109828
Kyle Russell Selberg	Vice president	1 May 1996	Other	1037140
Craig L Bassett	Treasurer	1 Oct 1996	Other	2838538
Craig Lawrence Bassett	Treasurer	1 Oct 1996	Other	2838538
Thomas John Graf	Senior vice president	1 Jan 1997	Other	2872533
Dennis Paul Francis	Senior vice president	1 Jan 1998	Other	xxx-xx-xxxx
Ralph Craig Eucher	President	1 Feb 1999	Other	3201652
Michael Jon Beer	Senior vice president & coo	1 Mar 1999	Other	2007424
Julie Marie Lawler Johnson	Vice president - capital market	1 Apr 1999	Other	xxx-xx-xxxx
Michael Dennis Roughton	Vice president & senior securities counsel	1 Jun 1999	Other	2136236
Ellen Z Lamale	Senior vice president, chief actuary	1 Jun 1999	Other	3150855
Ernest Harold Gillum	Vice president compliance & product development	1 Jan 2000	Other	1405682
John Barry Griswell	Ceo & president	1 Jan 2000	Other	872493
John E Aschenbrenner	Executive vice president	1 Jan 2000	Other	3150867
Minoo Serajispellerberg	Assistant vice president & compliance officer	1 Jan 2000	Other	2756308
Richard L Prey	Executive vice president	1 Jan 2000	Other	3150891
David James Drury	Chairman	1 Jan 2000	Other	2068130
Ronald Danilson	Executive vice president & chief operating officer	1 Jun 2000	Other	4256092
Karen Elizabeth Shaff	Director	1 Sep 2000	Other	xxx-xx-xxxx
Michael Thomas Daley	Director	1 Sep 2000	Other	xxx-xx-xxxx
Kirk Lloyd Tibbetts	Senior vice president & cfo	1 Sep 2000	Other	4277468
David James Brown	Vice president	1 Sep 2000	Other	3161920
Tracy Wayne Bollin	Controller, finance & operations principal	1 Jan 2001	Other	2570272
Larry Donald Zimpleman	Director	1 Jun 2001	Other	2583691
Inc. Principal Financial Services	Owner	1 Oct 2001	75% - 100%	42-1476367
Michael Jon Beer	Chief operating officer	1 Oct 2001	Other	xxx-xx-xxxx
Marty Ray Richardson	Senior registered options principal	1 Dec 2001	Other	2529533
Joseph Charles Godfrey	Compliance registered options principal	1 Dec 2001	Other	3074998
Kirk Lloyd Tibbetts	Senior vp, cfo, & controller, financial & operations	1 Mar 2002	Other	4277468
Carole Lynn Hunt	Compliance registered options principal	1 Aug 2002	Other	4327363
Kyle Russell Selberg	Vp - marketing	1 Jan 2003	Other	1037140
Minoo Serajispellerberg	Compliance director	1 Mar 2003	Other	2756308
Minoo Seraji Spellerberg	Chief compliance officer	1 Mar 2003	Other	2756308
Jill R Brown	Chief financial officer	1 Jul 2003	Other	4627720
David James Brown	Senior vice president	1 Feb 2004	Other	3161920
Minoo Seraji Spellerberg	Chief compliance officer	1 Oct 2004	Other	2756308
Jill R Brown	Senior vice president and chief financial officer	1 Mar 2006	Other	4627720
Bret James Bussanmas	Vp - marketing	1 Aug 2006	Other	2659372
Larry Donald Zimpleman	Chairman	1 Jul 2007	Other	2583691
Traci Lea Weldon	Vice president/chief compliance officer	1 Aug 2007	Other	2203819
David Linn Reichart	Senior vice president	1 Aug 2007	Other	3188421
Nora Mary Everett	Director/chief executive officer	1 Jun 2008	Other	5511200
Michael Jon Beer	Executive vice president and chief operating officer	1 Jul 2008	Other	2007424
Tracy Wayne Bollin	Chief financial officer	1 Jul 2010	Other	2570272
Nicholas Michael Cecere	Director/senior vice president	1 Jul 2011	Other	1513551
Gregory Bernard Elming	Director	1 Jan 2013	Other	1896297
John W Wetherell	Private funds chief compliance officer	1 Dec 2013	Other	4550232
Karen Elizabeth Shaff	Executive vice president/general counsel/secretary	1 Jan 2014	Other	4343508
Kara Marie Hoogensen	President/chair	1 Feb 2015	Other	2782240
Julie Sinn Leclere	Senior vice president/managing director	1 Mar 2015	Other	2641189
Deanna Strablesoethout	Director	1 Apr 2015	Other	6467090
Jeffrey Alan Van Baale	Chief information officer	1 Apr 2015	Other	6476362
Scott Allen Christensen	Chief financial officer	1 Jun 2015	Other	6462933
Traci Lea Weldon	Senior vice president	1 Oct 2015	Other	2203819
Jennifer A R Litchfield	Vice president/chief compliance officer	1 Oct 2015	Other	5209574
Curtis Brian Hollebrands	Chief aml officer	1 Oct 2015	Other	2353172

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Principal Mutual Holding Company	Owner	1 Jul 1998	75% - 100%	42-1476365
Principal Financial Group Inc	Owner	1 Jul 1998	75% - 100%	42-1476366
Principal Financial Services Inc	Owner	1 Apr 1999	75% - 100%	42-1476367
Principal Financial Group Inc.	Owner	1 Oct 2001	75% - 100%	42-1476366

Based in Des Moines

The principal office where Princor Financial Services Corporation performs its advisory services is located at 655 9 Th Street, Des Moines, IA 50309 The mailing address of the firm is 711 High Street, Des Moines, IA 50392 0200. An additional office of the firm is in Fresno, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-774-6267 or by fax 515-235-9235. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at principal.com.