Principal Capital Income Investors LLC (Des Moines)

Name: Principal Capital Income Investors LLC
Address: 801 Grand Ave, Des Moines, IA, 50392
Telephone: 1-800-533-1390

Principal Capital Income Investors LLC is a large advisory firm based in Des Moines. It manages $38.76 billion of regulatory assets for 65 client accounts. It has been registered with the SEC as an adviser since 2001.

Principal Capital Income Investors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Principal Capital Income Investors: assets under management

The assets under management (AUM) of Principal Capital Income Investors LLC is $38.76 billion. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.8 billion in discretionary accounts and $26.96 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $251.03 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.5 billion.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Principal Capital Income Investors LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Principal Capital Income Investors LLC

Dennis Paul Francis has been acting as President since 1 Jul 2000. James Patrick Mccaughan joined the executive team most recently as the Board Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Principal Capital Management Llc	Sole member, 100% ownership	1 Feb 2000	75% - 100%	109002
Dennis Paul Francis	Chairman	1 Jul 2000	Other	4343489
Richard William Waugh	Executive director	1 Jul 2000	Other	4372103
Randall Craig Mundt	Executive director	1 Jul 2000	Other	4372105
Richard W Hibbs	Executive vice president - marketing	1 Jul 2000	Other	874204
Tim Howald	Chief operating officer	1 Jul 2000	Other	3070136
Michael Joseph Timmins	Chief financial officer	1 Dec 2000	Other	4374853
Eugene James Diou	Executive director global stable value	1 Oct 2001	Other	2756783
Gloria Darlene Reeg	President	1 Feb 2002	Other	4521678
James Patrick Mccaughan	Board member	1 Apr 2002	Other	3074797

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Principal Life Insurance Company	100% owner	1 Feb 2000	75% - 100%	42-0127290
Inc. Principal Financial Services	100% owner	1 Feb 2000	75% - 100%	42-1476367
Inc. Principal Financial Group	100% owner	1 Feb 2000	75% - 100%	42-1476366
Principal Mutual Holding Company	100% owner	1 Feb 2000	75% - 100%	42-1476365
Inc. Principal Financial Group	100% owner	1 Oct 2001	75% - 100%	42-1520346
Inc. Principal Financial Services	100% owner	1 Oct 2001	75% - 100%	42-1520348

Based in Des Moines

The principal office where Principal Capital Income Investors LLC performs its advisory services is located at 801 Grand Ave, Des Moines, IA 50392, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 1-800-533-1390 or by fax 515-235-9700. The normal business hours are 7:00a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at www.principalcapital.com.