Des Moines, Iowa-based Principal Financial Group, Inc. (PFG) provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients. It is valued at a market cap of $18.7 billion. Companies worth $10 billion or more are typically classified as “large-cap stocks,” and PFG fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the asset management industry. The company continues ...