PFG - Principal Financial Group Inc.

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PFG Profile

Principal Financial Group (PFG) is a publicly-traded financial services company based in Des Moines, Iowa, USA. The company provides a range of investment, retirement, and insurance products and services to individuals, businesses, and institutional clients.

PFG's business model is focused on helping its clients achieve their financial goals through a broad range of investment products and services. The company offers retirement plans, mutual funds, annuities, life insurance, and other investment products, as well as asset management and advisory services.

In addition to its core operations, PFG is committed to sustainability and responsible business practices. The company has set targets to reduce its greenhouse gas emissions, improve its environmental performance, and promote diversity and inclusion within its workforce.

PFG is listed on the NASDAQ stock exchange under the ticker symbol PFG. The company has a market capitalization of around $21 billion as of February 2023, and its stock has generally provided investors with stable returns over the years. However, the company is subject to various risks, including market risks associated with changes in interest rates and investment performance, credit risks associated with its lending and investment activities, and regulatory risks related to changes in laws and regulations governing financial services.

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