Business Context and Reporting Period
This Form 8-K is a current report filed by Principal Financial Group, Inc. on October 16, 2019. The filing serves as a Regulation FD disclosure to report Assets Under Management (AUM) by asset manager prior to the release of the Company's quarterly earnings for the period ended September 30, 2019.
Key Financial Metrics
The filing discloses specific AUM figures as of September 30, 2019, but does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
- Principal Global Investors AUM: $441.9 billion
- Principal International and Other Entities AUM: $162.9 billion
- Total Disclosed AUM: $604.8 billion
Note: "Other Entities" include Principal Life Insurance Company and Principal Bank.
Material Changes
The filing text does not provide comparative data for the prior period; therefore, material changes in AUM versus the prior comparable period cannot be determined from this document.
Guidance, Outlook, and Management Commentary
Management indicates that the AUM amounts presented herein will be consistent with the format used in the Company's financial supplement for the quarter ended September 30, 2019. This supplement is scheduled to be posted to the investor relations website on or about October 24, 2019. No specific guidance, risks, contingencies, or unusual items are detailed in this report.
Investor Verification Checklist
- Verify the total AUM figures against the upcoming quarterly financial supplement expected on October 24, 2019.
- Confirm the breakdown of "Other Entities" to ensure accurate attribution between Principal Life Insurance Company and Principal Bank.
- Review the full quarterly earnings release for revenue, profit, and liquidity metrics not included in this 8-K.