Principal Real Estate Investors LLC is a large advisory firm based in Des Moines. It manages $22.66 billion of regulatory assets for 1,698 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Principal Real Estate 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 providing model portfolios. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Principal Real Estate Investors LLC is $22.66 billion. The firm's AUM has grown by 389% since the beginning of its operation, and $4.8 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Principal Real Estate Investors LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of James Patrick Mccaughan is investment companies with 11 clients and $9.49 billion of assets under management. Among the 9 most similar advisory firms, Principal Real Estate Investors has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $22.66 billion for 1,698 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Principal Real Estate Investors also advises several private funds. Namely, one hedge fund and two securitized asset funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $300,000,000.
The company employs 429 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
James Patrick Mccaughan has been acting as President since 1 Nov 2011. Todd Eugene Everett joined the executive team most recently as the Director.
The principal office where Principal Real Estate Investors LLC performs its advisory services is located at 801 Grand Ave, Des Moines, IA 50392 The mailing address of the firm is 711 High Street, Des Moines, IA 50392. An additional office of the firm is in New York, NY. It doesn’t run 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 866-850-4024. The normal business hours are 8:00a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at principalglobal.com/ and its LinkedIn profile.