Principal Financial Group

High fee's and low interest - you are basically paying them to take your money if you invest with them. Very disappointing. I am down 11.25% on a cash deposit IRA after 5 years. That's basically just from fee's. I have not used any service since the rollover, other than today to cash-out. Shame on you Principal. You are supposed to help me acquire wealth for retirement. Not only did you not increase the dollar amount in the account - you caused it to lower. I would have been better with the money in a savings account. Your fee's were significantly higher than the interest. Additionally if I look at inflation and a 10% penalty (to avoid you taking it all) - I have lost over 40% of the initial deposit in 5 years. I don't think I would use you ever again, for anything.

Worked there in late 80’s. What an idiot manager and his ex military assistant. The idiot assistant said he had an “ open door policy,” which meant I had to keep my office door open ( yes, my door) lol.
The manager scolded me in front of the whole staff because of delays in transferring my license from another state - as if I wanted it that way. That was the final straw for me but didn’t quit on the spot. If that happened to me today I would have quit on the spot and firmly told him how inappropriate his broadcasting the matter in front of everyone was.

Perhaps he should of used his minions policy and got behind a closed door to discuss that matter. Lol