PRINCIPAL SECURITIES, INC. of DES MOINES, IA is an SEC-registered investment adviser (CRD 1137). Regulatory assets under management: $17.0B. This firm reports disciplinary history on Form ADV.
Compensation: % of AUM, Hourly, Fixed, Other.
Clients served: Individuals, High net worth, Pooled vehicles, Pensions, Charities.
Showing 25 of 82 people.
| Name | Role | Location |
|---|---|---|
| Vivek Agrawal | DIRECTOR | Sunnyvale, CA |
| Michael Francis Murray | PRESIDENT/CHIEF EXECUTIVE OFFICER/CHAIR | — |
| Amy Christine Friedrich | DIRECTOR | — |
| Douglas John Rants | CHIEF INFORMATION SECURITY OFFICER | — |
| Craig Alan Spadafora | SENIOR VICE PRESIDENT / HEAD OF ADVISORY AND PLATFORM | — |
| Chad Thomas Claire | CHIEF INFORMATION OFFICER | — |
| Daniel Simon Vanwinkle | PSI AML OFFICER | — |
| Kenneth Allen Mccullum | DIRECTOR | — |
| Thomas John Drogan | CHIEF COMPLIANCE OFFICER | — |
| Cody Anthony Lawler | HEAD OF SUPERVISION, HEAD OF OPERATIONS | — |
| Nathan Paul Schelhaas | DIRECTOR | — |
| Dawn Marie Roberts | CHIEF FINANCIAL OFFICER | — |
| Carla Kay Beitzel | VICE PRESIDENT OF DISTRIBUTION | — |
| MURRAY MICHAEL FRANCIS | PRESIDENT/CHIEF EXECUTIVE OFFICER/CHAIR | — |
| BASSETT CRAIG L | TREASURER | — |
| ROUGHTON MICHAEL DENNIS | COUNSEL; SENIOR VICE PRESIDENT & SENIOR SECURITIES COUNSEL; SR. VICE PRESIDENT & ASSOCIATE GENERAL COUNSEL (+1 more) | — |
| ASCHENBRENNER JOHN E | DIRECTOR; EXECUTIVE VICE PRESIDENT | — |
| SERAJI-SPELLERBERG MINOO | CHIEF COMPLIANCE OFFICER | — |
| HOFFMAN JOYCE NIXSON | SENIOR VICE PRESIDENT & CORPORATE SECRETARY; VICE PRESIDENT; VICE PRESIDENT & CORPORATE SECRETARY | — |
| EUCHER RALPH CRAIG | DIRECTOR; PRESIDENT; PRESIDENT, CEO & DIRECTOR (+1 more) | — |
| SHAFF KAREN ELIZABETH | DIRECTOR; EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL & CORPORATE SECRETARY; EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL & SECRETARY (+1 more) | — |
| BROWN DAVID JAMES | EXECUTIVE VICE PRESIDENT; SENIOR VICE PRESIDENT; VICE PRESIDENT | — |
| ZIMPLEMAN LARRY DONALD | CHAIRMAN; DIRECTOR | — |
| BEER MICHAEL JON | CHIEF OPERATING OFFICER; EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER; EXECUTIVE VP & CHIEF OPERATING OFFICER (+5 more) | — |
| SELBERG KYLE RUSSELL | VICE PRESIDENT; VP - MARKETING | — |
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2023-08-03 | regulatory | THE SECURITIES ADMINISTRATOR, UNDER ORDER 2021-12 ISSUED ON APRIL 26, 2021, PROVIDED CONTINUED LATITUDE FOR FIRMS RELIEF FROM ON-SITE BRANCH OFFICE INSPECTIONS THROUGH THE REMAINDER OF 2021, REQUIRED ON-SITE INSPECTIONS FOR EACH BRANCH OFFICE BY DECEMBER 31, 2022, AND ORDERED FIRMS TO NOTIFY THE SEC… | Final | $3K |
| 2019-03-11 | regulatory | SEC ADMIN RELEASE IA 5154, MARCH 11, 2019: THE SECURITIES AND EXCHANGE COMMISSION DEEMS IT APPROPRIATE AND IN THE PUBLIC INTEREST THAT PUBLIC ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS BE INSTITUTED AGAINST PRINCIPAL SECURITIES, INC. ("RESPONDENT"). ON THE BASIS OF THIS ORDER AND RESPONDENT'S O… | Final | — |
| 2017-10-26 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT FOR AT LEAST THREE YEARS, ITS SYSTEM FOR SUPERVISING ADDITIONS TO EXISTING VARIABLE ANNUITIES WAS NOT REASONABLY DESIGNED TO ENSURE THAT THEY COMPLIED WITH APPLICABLE SECURITIES LAWS AND… | Final | $250K |
| 2016-12-21 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT (1) FAILED TO ESTABLISH, MAINTAIN, AND ENFORCE A REASONABLE SUPERVISORY SYSTEM RELATED TO THE USE OF CONSOLIDATED REPORTS PROVIDED TO CUSTOMERS BY ITS REGISTERED REPRESENTATIVES, AND (… | Final | $125K |
| 2016-11-15 | regulatory | FINRA ALLEGED PRINCIPAL SECURITIES FAILED TO IDENTIFY AND APPLY AVAILABLE MUTUAL FUND SALES CHARGE WAIVERS TO CERTAIN ELIGIBLE RETIREMENT AND CHARITABLE ORGANIZATION ACCOUNTS AND FAILED TO REASONABLY SUPERVISE THE APPLICATION OF THESE SALES CHARGE WAIVERS. FINRA ALLEGED THAT THIS VIOLATED NASD CONDU… | Final | — |
| 2015-12-02 | regulatory | FINRA ALLEGED PRINCOR'S EMAIL MONITORING PROCESSES WERE INADEQUATE DUE TO A CODING ERROR THAT RESULTED IN A PORTION OF INCOMING EMAIL COMMUNICATIONS NOT BEING TIMELY REVIEWED. FINRA ALLEGED THAT THIS VIOLATED NASD RULE 2010 AND FINRA RULE 2010. WITHOUT ADMITTING OR DENYING THE FINDINGS, PRINCOR ACCE… | Final | $115K |
| 2014-10-29 | regulatory | THE SOUTH DAKOTA DIVISION OF SECURITIES BELIEVES PRINCOR FAILED TO HAVE A SUPERVISORY SYSTEM IN PLACE THAT WAS REASONABLY EXPECTED TO PREVENT AND DETECT REGISTERED REPRESENTATIVES' LACK OF REGISTRATION IN A CLIENT'S STATE OF RESIDENCE. | Final | $5K |
| 2014-04-21 | civil | LAWSUIT ALLEGES MISAPPROPRIATION OF KEY BANK TRADE SECRETS, TORTIOUS INTERFERENCE WITH AGREEMENTS, CONVERSION, UNFAIR COMPETITION, DECEPTIVE TRADE PRACTICES, UNJUST ENRICHMENT. | Final | — |
| — | regulatory | — | — | — |
| — | civil | — | — | — |
Showing 15 of 25 offices.
| City | State | Employees | Phone |
|---|---|---|---|
| WEST DES MOINES | IA | 76 | 515-246-4056 |
| MINNETONKA | MN | 24 | 952-277-4300 |
| WAUWATOSA | WI | 23 | 414-258-6220 |
| OVERLAND PARK | KS | 23 | 913-317-6611 |
| SIOUX FALLS | SD | 21 | 605-331-2908 |
| TAMPA | FL | 21 | 813-870-0111 |
| CHARLOTTE | NC | 20 | 9802130059 |
| DOWNERS GROVE | IL | 19 | 630-874-6740 |
| WAYNE | PA | 18 | 484-654-0753 |
| ELKHORN | NE | 18 | 402-492-8899 |
| MELVILLE | NY | 17 | 631-861-2600 |
| ADDISON | TX | 17 | 972-980-9990 |
| LAKE ELMO | MN | 17 | 651-287-7717 |
| BIRMINGHAM | AL | 16 | 205-444-9004 |
| GRAND RAPIDS | MI | 16 | 616-942-1251 |