DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Principal Real Estate
Legal name Principal Real Estate Investors, LLC
Latest filing Aug 19, 2026
First filing on the tape Mar 30, 2012 · 44 filings
SEC status approved since Nov 4, 1999
RAUM
$106B
reported, Item 5.F
Discretionary
70%
of RAUM
Private clients
0.2%
$187M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
477
310 advisory (5.B.1)
Offices
15
beyond the principal office
Private funds
18
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$106B as of Aug 19, 2026
Mar 30, 2012$8.8B then
HNW client RAUM$74.3M as of Aug 19, 2026
Mar 29, 2018$287M then
State-registered IARs (5.B.3)0 as of Aug 19, 2026
Mar 30, 20120 then
Employees (5.A)477 as of Aug 19, 2026
Apr 1, 2013331 then
Private funds18 as of Aug 19, 2026
Mar 30, 20122 then
RAUM +6.3% over the last fiscal year+4.1% a year over threeIARs 0 to 0offices 13 to 15
Practice profile
derived from the filing of Aug 19, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.0MderivedHNW RAUM over HNW clients
- Average account
- $155MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 70%derivedof RAUM
- Institutional
- 76%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived16 offices incl. principal (1.F.5)
- RAUM growth, one year
- +6.3%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- -6.5%derived
- Compensation
- percentage of assets, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, otherreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $12B, 29 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
- a related person acts as qualified custodian (9.D.2)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- State and municipal entities$41B39%
- Insurance companies$29B28%
- Investment companies$9.7B9.2%
- Pension and profit-sharing plans$8.7B8.2%
- Banks and thrifts$8.0B7.6%
- Corporations and businesses$7.2B6.8%
- Pooled investment vehicles$591M0.6%
- Charitable organizations$496M0.5%
- Sovereign wealth funds$388M0.4%
- Individuals$113M0.1%
- High-net-worth individuals$74.3M0.1%
- Individual clients
- 427reported
- HNW clients
- 37reported
- Pension plan clients
- 39reported
- Charitable clients
- 6reported
- Accounts
- 681reported
- Financial planning clients
- reported
- Wrap fee programs
- $0 sponsored, $245M managedreported
- Custody of client assets
- $12B for 29 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.1 institutional_share=0.76 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
21 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
- Kamal Bhatia · Chairmancontrolsince 03/2024 · owns less than 5%
- George Djurasovic · General Counselcontrolsince 11/2023 · owns less than 5%
- Eugene Todd Everett · Chief Executive Officercontrolsince 09/2018 · owns less than 5%
- Allen Timothy Hill · Senior Executive Managing Directorcontrolsince 03/2024 · owns less than 5%
- Marie Jill Hittner · Chief Financial Officercontrolsince 03/2024 · owns less than 5%
- Thomas Justin Lange · Chief Compliance Officercontrolsince 10/2022 · owns less than 5%
- Steven Brian Ness · Chief Information Officercontrolsince 03/2024 · owns less than 5%
- Wilson Ellen Shumway · Global Head Of Productcontrolsince 03/2024 · owns less than 5%
- Barbara Wenig · Global Head Of Operationscontrolsince 03/2024 · owns less than 5%
Entity owners
- Principal Global Investors Holding Company (US) LLC · 100% Ownershipdirect · owns 75% or more
- Principal Financial Group, Inc. · 100% Ownerindirect · owns 75% or more of Principal Financial Services, Inc. · public reporting company
- Principal Financial Services, Inc. · 100% Ownerindirect · owns 75% or more of Principal Global Investors Holding Company (US) LLC
Related persons
Schedule D 7.A
- Brasilprev Seguros E Previdencia S.A.real estaten
- Claritas Administrac?O De Recursos Ltda.pooled vehicle sponsorn
- Claritas Investments Ltd.investment adviserpooled vehicle sponsorn
- Delaware Charter Guarantee & Trust Companyn
- Diversified Dental Services, Inc. A Nevada Close Corporationreal estaten
- Employers Dental Services, Inc.real estaten
- Equity Fc, Ltd.broker-dealern
- First Dental Healthreal estaten
- Principal Origininvestment adviserpooled vehicle sponsornRAUM $4.6B
- Pecf US (Gp) Sarlpooled vehicle sponsory
- Petula Associates, LLCn
- Post Advisory Group, LLCinvestment adviserbankpooled vehicle sponsornRAUM $13B
- Princal Principal Member Employees Gp, LLCpooled vehicle sponsory
- Principal Administradora General De Fondos S.A.pooled vehicle sponsorn
- Principal Advised Servicesinvestment advisernRAUM $1.4B
- Principal Afore, S.A. De C.V., Principal Grupo Financieroreal estaten
- Principal Ahorro E Inversiones S.A.investment advisern
- Principal Asset Management (S) Pte. Ltd.pooled vehicle sponsorn
- Principal Asset Management Berhadpooled vehicle sponsorn
- Principal Asset Management (Asia)investment advisernRAUM $14B
- Principal Asset Management Company Limited (Thailand)pooled vehicle sponsorn
- Principal Bankcustodiann
- Principal Compania De Seguros De Vida Chile S.A.real estaten
- Principal Data Center Growth & Income Fund Gp, LLCpooled vehicle sponsory
- Principal Dental Services, Inc.real estaten
- Principal Digital Real Estate Fund Gp, LLCpooled vehicle sponsory
- Principal Enhanced Property Fund Gp, LLCpooled vehicle sponsory
- Principal Financial Group, Inc.real estatey
- Principal Financial Services, Inc.real estatey
- Principal Fondos De Inversion, S.A. De C.V., Operadora De Fondos De Inversion, Principal Grupo Financieropooled vehicle sponsorn
Advisers that list Principal Real Estate as a related person
Offices
Schedule D 1.F, the 25 largest
- New York, NY30 employees
- Frankfurt Main, Germany30 employees
- London, United Kingdom16 employees
- Chicago, IL15 employees
- Paris, France12 employees
- Singapore, Singapore4 employees
- London, United Kingdom4 employees
- Seattle, WA4 employees
- Portland, OR3 employees
- Schiphol, Netherlands3 employees
- Milan, Italy3 employees
- Addison, TX1 employees
- Sydney, Australia
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- account count collapseChange between filings · filing Mar 31, 2026accounts (Item 5.F.2.f) moved from 1,644.0 to 681.0 (-59.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +3.0% (35 comparable advisers, 3.0th percentile of changes)peers: institutional managers, $20B and over (35) · 2.9% percentile
What changed
consecutive filings, newest first
- Private funds · 17 to 18May 27, 2026 to Aug 19, 2026
- Private funds · 18 to 17Mar 31, 2026 to May 27, 2026
- Accounts · 1,644 to 681Jul 3, 2025 to Mar 31, 2026
- Advisory employees · 307 to 310Jul 3, 2025 to Mar 31, 2026
- Charity clients · 54 to 6Jul 3, 2025 to Mar 31, 2026
- Corporate clients · 121 to 8Jul 3, 2025 to Mar 31, 2026
- Individual clients · 459 to 427Jul 3, 2025 to Mar 31, 2026
- Pension plan clients · 216 to 39Jul 3, 2025 to Mar 31, 2026
- Pooled vehicle clients · 42 to 6Jul 3, 2025 to Mar 31, 2026
- Assets in custody · $13B to $12BJul 3, 2025 to Mar 31, 2026
- Employees · 464 to 477Jul 3, 2025 to Mar 31, 2026
- Other offices · 13 to 15Jul 3, 2025 to Mar 31, 2026
- Discretionary RAUM · $74B to $74BJul 3, 2025 to Mar 31, 2026
- HNW RAUM · $84.8M to $74.3MJul 3, 2025 to Mar 31, 2026
- Individual RAUM · $123M to $113MJul 3, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $26B to $32BJul 3, 2025 to Mar 31, 2026
- Pension RAUM · $9.3B to $8.7BJul 3, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $779M to $591MJul 3, 2025 to Mar 31, 2026
- RAUM · $99B to $106BJul 3, 2025 to Mar 31, 2026
- Wrap assets (manager) · $273M to $245MJul 3, 2025 to Mar 31, 2026
- Financial planning clients · unset to May 20, 2025 to Jul 3, 2025
- Private funds · 17 to 18Mar 31, 2025 to May 20, 2025
- Accounts · 643 to 1,644Nov 11, 2024 to Mar 31, 2025
- Advisory employees · 349 to 307Nov 11, 2024 to Mar 31, 2025
- Charity clients · 2 to 54Nov 11, 2024 to Mar 31, 2025
- Corporate clients · 7 to 121Nov 11, 2024 to Mar 31, 2025
- HNW clients · 34 to 37Nov 11, 2024 to Mar 31, 2025
- Individual clients · 453 to 459Nov 11, 2024 to Mar 31, 2025
- Pension plan clients · 28 to 216Nov 11, 2024 to Mar 31, 2025
- Pooled vehicle clients · 8 to 42Nov 11, 2024 to Mar 31, 2025
- Assets in custody · $13B to $13BNov 11, 2024 to Mar 31, 2025
- Employees · 645 to 464Nov 11, 2024 to Mar 31, 2025
- Other offices · 15 to 13Nov 11, 2024 to Mar 31, 2025
- Discretionary RAUM · $72B to $74BNov 11, 2024 to Mar 31, 2025
- HNW RAUM · $81.1M to $84.8MNov 11, 2024 to Mar 31, 2025
- Individual RAUM · $120M to $123MNov 11, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $22B to $26BNov 11, 2024 to Mar 31, 2025
- Pension RAUM · $8.7B to $9.3BNov 11, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $822M to $779MNov 11, 2024 to Mar 31, 2025
- RAUM · $94B to $99BNov 11, 2024 to Mar 31, 2025
Signals
17 dated events
- Marie Jill Hittner (Chief Financial Officer) appeared on Schedule A of Principal Real EstateMar 27, 2024 · Control person joined · fact
- Steven Brian Ness (Chief Information Officer) appeared on Schedule A of Principal Real EstateMar 27, 2024 · Control person joined · fact
- Wilson Ellen Shumway (Global Head Of Product) appeared on Schedule A of Principal Real EstateMar 27, 2024 · Control person joined · fact
- Barbara Wenig (Global Head Of Operations) appeared on Schedule A of Principal Real EstateMar 27, 2024 · Control person joined · fact
- Allen Timothy Hill (Senior Executive Managing Director) appeared on Schedule A of Principal Real EstateMar 27, 2024 · Control person joined · fact
- Gregory Patrick Halter (Chairman) no longer on Schedule A of Principal Real Estate (listed 2024-02-22, absent 2024-03-27)Mar 27, 2024 · Control person left · inference
- George Djurasovic (General Counsel) appeared on Schedule A of Principal Real EstateNov 1, 2023 · Control person joined · fact
- Principal Real Estate reported 11 offices beyond its principal office, up from 2 (2022-11-14 to 2023-03-30)Mar 30, 2023 · Office count change · derived
- Principal Real Estate reported RAUM $93.7B, up 153% from $37.0B (2022-11-14 to 2023-03-30)Mar 30, 2023 · RAUM change · derived
- Thomas Justin Lange (Chief Compliance Officer) appeared on Schedule A of Principal Real EstateOct 10, 2022 · Control person joined · fact
- Principal Real Estate reported RAUM $37.0B, down 65% from $105.1B (2022-04-22 to 2022-05-10)May 10, 2022 · RAUM change · derived
- Principal Real Estate reported RAUM $105.1B, up 253% from $29.7B (2021-08-24 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- Kamal Bhatia (Director) appeared on Schedule A of Principal Real EstateMar 16, 2021 · Control person joined · fact
- Marie Julia Lawler (Director) no longer on Schedule A of Principal Real Estate (listed 2020-11-05, absent 2021-03-16)Mar 16, 2021 · Control person left · inference
- Principal Real Estate reported RAUM $29.5B, up 30% from $22.7B (2019-03-27 to 2020-03-26)Mar 26, 2020 · RAUM change · derived
- Principal Real Estate reported RAUM $22.7B, up 60% from $14.2B (2018-10-29 to 2019-03-27)Mar 27, 2019 · RAUM change · derived
- Principal Real Estate reported RAUM $14.2B, down 34% from $21.5B (2017-05-26 to 2018-03-29)Mar 29, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Principal Real Estate · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/principal-asset-managementreportedpublic record, Form ADV, Sep 17, 2026
- Website
- principalcef.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 800-787-1621reportedpublic record, Form ADV, Aug 19, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
Principal Real Estate is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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