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Principal Financial Group main competitors are AIG, Charles Schwab, and Raymond James Financial.

Competitor Summary. See how Principal Financial Group compares to its main competitors:

  • Wells Fargo has the most employees (268,531).
  • Employees at AIG earn more than most of the competitors, with an average yearly salary of $84,115.
  • The oldest company is The Hartford, founded in 1810.
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Principal Financial Group salaries vs competitors

Among Principal Financial Group competitors, employees at AIG earn the most with an average yearly salary of $84,115.

Compare Principal Financial Group salaries vs competitors

CompanyAverage salaryHourly salarySalary score
Principal Financial Group
$56,798$27.31-
MetLife
$52,477$25.23-
Prudential Financial
$59,696$28.70-
Lincoln Financial Group
$55,311$26.59-
MassMutual
$68,354$32.86-
Wells Fargo
$41,599$20.00-

Compare Principal Financial Group job title salaries vs competitors

CompanyHighest salaryHourly salary
Principal Financial Group
$50,398$24.23
AIG
$81,898$39.37
Mutual of Omaha
$81,593$39.23
Raymond James Financial
$81,144$39.01
Wells Fargo
$79,700$38.32
Fidelity Investments
$77,782$37.40
Genworth
$71,004$34.14
The Hartford
$62,209$29.91
American Financial Group
$61,984$29.80
Lincoln Financial Group
$57,583$27.68
Nationwide
$55,668$26.76
USAA
$53,586$25.76
Ameriprise Financial
$50,982$24.51
Prudential Financial
$50,778$24.41
MassMutual
$49,697$23.89
Charles Schwab
$49,406$23.75
MetLife
$49,233$23.67

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Principal Financial Group demographics vs competitors

Compare gender at Principal Financial Group vs competitors

Job titleMaleFemale
Principal Financial Group42%58%
Lincoln Financial Group47%53%
Genworth47%53%
AIG51%49%
American Financial Group51%49%
Ameriprise Financial52%48%

Compare race at Principal Financial Group vs competitors

CompanyWhiteHispanic or LatinoBlack or African AmericanAsianUnknownDiversity score
71%10%7%8%3%
9.7
62%15%10%9%4%
9.7
54%16%12%14%4%
9.9
63%12%9%13%4%
9.8
59%12%13%12%4%
9.9
65%11%10%11%4%
9.9

Principal Financial Group and similar companies CEOs

CEOBio
Carl H. Lindner III
American Financial Group

S. Craig Lindner was elected Co-Chief Executive Officer in January 2005. He has served as Co-President and a director of American Financial Group since March 1996. He is President and Chief Executive Officer of Great American Financial Resources, Inc., a wholly-owned subsidiary of AFG that markets traditional fixed and fixed- indexed annuities in the retail, financial institutions and education markets. Mr. Lindner also oversees the investment portfolios of AFG and its affiliated companies. He has worked in various roles within the AFG affiliated companies since 1977.

Peter S. Zaffino
AIG

James Michael Cracchiolo
Ameriprise Financial

James "Jim" Cracchiolo is Chairman and Chief Executive Officer of Ameriprise Financial, Inc., a leading diversified financial services company serving the comprehensive financial planning needs of the mass affluent and affluent. He has held these positions since September 2005, when the company was spun off from American Express. From 2003 to present, he has also been Chairman of Threadneedle Asset Management, a London-based global asset management firm.

Thomas J. McInerney
Genworth

Thomas J. McInerney has been their President and Chief Executive Officer and a director since January 2013. Before joining their company, Mr. McInerney had served as a Senior Advisor to the Boston Consulting Group from June 2011 to December 2012, providing consulting and advisory services to leading insurance and financial services companies in the United States and Canada. From October 2009 to December 2010, Mr. McInerney was a member of ING Groep’s Management Board for Insurance, where he was the Chief Operating Officer of ING’s insurance and investment management business worldwide. Prior to that, he served in a variety of senior roles with ING Groep NV after serving in many leadership positions with Aetna, where he began his career as an insurance underwriter in June 1978. Mr. McInerney is a member of the Board of the American Council of Life Insurers, and the Financial Services Roundtable. Mr. McInerney received a B.A. in Economics from Colgate University and an M.B.A. from the Tuck School of Business at Dartmouth College.

Ellen Gail Cooper
Lincoln Financial Group

Charlie F. Lowrey
Prudential Financial

Paul Waldron Reilly, AIA (born 30 March 1932 - 25 May 2011), was an American architect who practiced in mid-20th-century New York, New Jersey, and Florida under the architectural firm name Paul W. Reilly

Walter W. Bettinger II
Charles Schwab

Walter W. Bettinger II, 60, has been President of The Charles Schwab Corporation since 2007 and Chief Executive Officer since late 2008.He leads a workforce of approximately 32,000 employees, with headquarters in Westlake, Texas and branch offices in more than 420 locations across the United States plus London, Hong Kong, Singapore and Puerto Rico.As measured by client assets, Schwab is the largest publicly traded investment services firm in the United States and one of the world’s largest financial services firms serving approximately:• $7.40 trillion in client assets • 32.1 million client brokerage accounts, 1.6 million bank accounts and 2.1 million retirement plan participants• ~12,000 independent investment advisors Mr. Bettinger’s duties include leading the development of strategies and services that assist tens of millions of people worldwide in their efforts to save and invest - either directly, with the help of an independent investment advisor or through a company-sponsored retirement or benefit plan. Under his leadership, the value of Schwab stock has grown from $13.59 on January 1, 2009 to approximately $75.00 as of May 31, 2021. During the same period, Schwab’s market capitalization has grown from ~$18billion to ~$140billion.Mr. Bettinger has been recognized throughout his career as a leader in financial services including: • in 2014, 2016, 2017 and 2018 he was recognized in Fortune magazine’s Businessperson of the Year listing - in 2018 he was ranked the #7 businessperson globally; • in 2010 to the Power 30 by Smart Money magazine of the world’s most powerful and influential players; and• the 2009 lifetime achievement award for contributions to the retirement security of working Americans by Plan Sponsor magazine.In 1983, at the age of 22, Mr. Bettinger founded The Hampton Company, a provider of retirement plan services to corporations and their employees. The Charles Schwab Corporation acquired Hampton in 1995.In addition to his professional duties, Mr. Bettinger is active in numerous charitable and philanthropic efforts. He and his wife, Teri, are founders of the Walt & Teri Bettinger Foundation and the parents of five children. A native of Ada, Ohio, Mr. Bettinger attended Delta State University in Cleveland, Mississippi and holds a bachelor of business administration degree with a major in finance, summa cum laude, from Ohio University. He has also completed the General Management program offered by the Harvard Business School.

Christopher J. Swift
The Hartford

Christopher J. Swift is chairman and chief executive officer of The Hartford, a national leader in property & casualty insurance (P&C), group benefits and mutual funds, founded in 1810. He is responsible for the company's strategy and growth, capital allocation, performance, culture and leadership. Swift leads the company at a time of unprecedented technological innovation and continues to sharpen The Hartford's competitive advantages through the use of data, analytics and digital technology to meet the needs of consumers today and in the future. As CEO, Swift has focused on expanding the company's capabilities and geographic reach through organic growth and strategic investments, including the purchase of Aetna's U.S. group life and disability business, in 2019. He also completed the company's exit from the run-off life and annuity business, providing greater financial flexibility, and improving The Hartford's ROE and earnings growth profile. Swift joined The Hartford in March 2010 as executive vice president and chief financial officer. In that position, Swift played a central role in the company’s strategic transformation to focus on the P&C, group benefits and mutual funds businesses, as well as strengthening the balance sheet through the sale of its individual life and retirement plans businesses, reducing debt and creating greater balance-sheet strength. Previously, Swift held senior leadership and finance roles at American International Group (AIG). He began his career as a certified public accountant at KPMG LLP focused on financial services and was eventually appointed head of the Global Insurance Industry Practice. Swift earned a bachelor's degree in accounting from Marquette University, where he is also a trustee. As a long-time supporter of diversity and inclusion (D&I), Swift has spoken out about the need for diverse, inclusive workplaces in the insurance industry and publicly committed the company and himself to D&I initiatives, such as CEO Action for Diversity & Inclusion and the UK Inclusive Insurance Pledge. He is on the executive committee and the board of directors of the American Property Casualty Insurance Association (APCIA). He is also a member of the Business Council, Committee Encouraging Corporate Philanthropy, Council on Foreign Relations, Geneva Association, and the U.S. Department of Treasury's Federal Advisory Committee on Insurance.

Charles William Scharf
Wells Fargo

Charles "Charlie" W. Scharf (born April 24, 1965) is an American businessman who serves as the chief executive officer and president of Wells Fargo. He was previously the CEO of Visa Inc. and BNY Mellon, and has been an independent director on the Microsoft board of directors since 2014.

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