Principal Financial Group 2014 Annual Report Download - page 18

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GROWTH
CONNECTING TODAY’S RESULTS
WITH LONG-TERM SUCCESS
For The Principal, 2014 was a year of milestones.
Fueled by strong organic growth, we continued on our course of
balanced capital deployment through dividends, acquisitions and share
repurchases, nurturing multiple growth engines with a bold focus on
long-term success.
The result? Our assets under management surged to $519 billion,
operating earnings hit a record $1.3 billion and total company net
income grew 26 percent over 2013.
And this only continues a momentum of growth that we’ve been
building for several years. Since 2008, we’ve generated more than
$70 billion in net cash flows, doubled our assets under management,
and increased our percentage of four- and five-star Morningstar rated
funds to 70 percent (a 32 percent increase).
We also have additional runway for future growth. There are 300,000+
total FINRA licensed advisors, and the average top fund families work
with 100,000+. Principal Funds closed 2014 with a network of 50,000+
advisors—and ample room to increase our distribution in 2015 and beyond.
Pictured left to right are members of the sales team from Brasilprev:
Guilherme Rossi - commercial director retail,
Mauro de Souza - commercial director corporate, and
Alvaro Incrocci - commercial director wealth management
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