Principal Financial Group

  www.principal.com
  www.principal.com
There are newer employer reviews for Principal Financial Group

 

Good Support and Training

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Registered Representative in Lake Elmo, MN
Former Employee - Registered Representative in Lake Elmo, MN

I worked at Principal Financial Group

Pros

Much better professional development than is available at other financial-services companies. Principal spends a lot of time marketing new reps.

Cons

It's a pure sales job, no way around that. You're given about six months to find your stride, otherwise you're out.

Advice to ManagementAdvice

Upper management was in a state of flux. Regional managers are hands on and supportive, and want their recruits succeed.

Recommends
No opinion of CEO

207 Other Employee Reviews for Principal Financial Group (View Most Recent)

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  1. 4 people found this helpful  

    Principal is a patronage-ridden, old-line insurance company which is incapable of doing anything new and is unethical.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Project Manager in El Dorado Hills, CA
    Current Employee - Senior Project Manager in El Dorado Hills, CA

    I have been working at Principal Financial Group

    Pros

    Salary and benefits were good

    Cons

    Lousy, timid, self-serving management, tolerates unethical sales practices, weak leaders

    Advice to ManagementAdvice

    Dissolve the old-boy network in Des Moines and dump the management in El Dorado Hills, Cal.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Tough business to start, but worth it when you make it.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Advisor in Tampa, FL
    Current Employee - Financial Advisor in Tampa, FL

    I have been working at Principal Financial Group

    Pros

    Great company and support. Independence wihout being on your own entirely. Great group of producers and advisors to lean on and learn from.

    Cons

    More than half will burn out or give up. Toughest job ever. Do not try if you are not commited.

    Advice to ManagementAdvice

    Get long time producers involved in training earlier on. Focus on investment knowledge for new producers as well as insurance.

    Recommends
    Approves of CEO
There are newer employer reviews for Principal Financial Group

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