What We Offer

Account registrations range from individual, joint or custodial (UGMA/UTMA) to corporate, estate, trust, partnership or transfer on death.

Individual Retirement Accounts

Traditional
Roth
SIMPLE
Rollover
Educational
SEP

Securities

Stocks

Exchange-listed
Over-the-counter priced at $5 or more per share

U.S. Treasuries

Bills
Bonds

Mutual Funds

Principal Funds, Inc.
Load

No-load

Fixed Income Investments

Corporate bonds
Municipal bonds
Government bonds
Mortgage-backed securities
Unit Investment Trusts (UIT)
Certificates of Deposit (CD)
BBB Rating or better

Investor Benefits

Account Statements and Confirmations

A monthly consolidated account statement shows all activity in your account. Activities include buys, sells, realized and/or unrealized gains and/or losses, and dividend payments. If your account has no activity, you'll receive a quarterly statement. In addition, confirmation statements are mailed the business day following the day which trades are executed.

Consolidated Statements

Broker Dealer Services encourages transfers of securities accounts held at other financial institutions. You establish a Broker Dealer Services account and then transfer existing positions from other brokerage firms, banks, savings & loans, credit unions or mutual fund companies. This service saves you time, and potentially money, through decreased yearly maintenance fees from multiple accounts. Simplify your life; consolidate all your investments onto one statement!

Money Market Funds Sweep

A money market sweep program moves free cash balances above $1 into The Principal^® Cash Management Fund in a non-qualified account. Qualified accounts use a Pershing Government Account for sweep purposes.

An investment in the money market account is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although the account seeks to preserve the value of the investment at $1.00 per unit it is possible to lose money by investing in this account.

Automated Clearing House (ACH)

Allows you to deposit money to your securities account directly from your bank. This service works well for systematic mutual funds purchases. You can also send money to your bank automatically. This service is free of charge.

Check Writing

This service is available to all non-qualified money market investors. Minimum check amount is $500.

Margin

Some investors may use their securities as collateral to borrow funds to purchase additional securities.

Dividend Reinvestment

Investors can reinvest dividends and capital gains in equities and mutual funds (both open-end and closed-end); purchasing full and fractional shares of the same security.

Select Link

This product allows your clients to obtain, in a single glance, the status of their household finances. With this complimentary service, your clients can link all of their accounts that share the same mailing address. As a result, they will receive a summary cover page as well as all of their statements in one package.

Easy Pay

EasyPay is a funds transfer system that easily transfers funds from your client's checking account to their non-qualified brokerage account, allowing for prompt payment of security purchases. This is an ideal method of payment in a three-day settlement environment.

Employee Stock Option

Employees of companies that grant employee stock options may exercise those options without putting up cash for the exercise. The option may be used as collateral to extend credit for the purpose of exercising. The client will receive the net proceeds from the sell of the stock less the exercise price, taxes and margin interest.

Additional Products

ProCash Plus^TM
An asset management account which combines all brokerage, check writing, money fund sweep and MasterCard? debit card activity into one comprehensive package. The ability to borrow against securities, tax lot accounting and automatic bill payment services are also features of this product.

FundVest^TM
A mutual fund program which enables you to buy, sell, or exchange no-load mutual funds within a select group, without paying transaction fees.

Managed Accounts
Managed account programs which bring you the chance to invest with some of the country's top institutional money managers and mutual funds for a fee.

Contact your Registered Representative or you can contact us at 1.800.774.6267 for a free prospectus containing information about mutual funds, including charges and expenses, and read it carefully before investing.