Our trust and custody business is built around you

Principal® is committed to offering Wells Fargo IRT trust and custody clients service focused on you and tailored to meet your goals.

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Technology that helps you achieve your goals

We’ll continue to use the SEI trust accounting platform Wells Fargo IRT uses today, giving you a familiar, reliable interface. And with one login you have access to all relevant account information through an integrated user experience.

Serving you with passion and expertise

Through the combined trust and custody teams of Principal and Wells Fargo IRT, you’ll benefit from access to a depth of talent, product capabilities, and robust technology, while receiving the personal service you deserve.

Customized trust and custody capabilities and services

We offer a full range of capabilities, including trustee, custodial, and paying agency services alongside global and domestic custody, timely and accurate benefit payment disbursements, multi-currency reporting, and access to real-time, customizable data delivery.

Industries and entities we serve around the world

We help corporations, financial institutions, endowments/foundations, government and public funds, healthcare and insurance organization, nonprofit organizations, and Taft Hartley plans.

A comprehensive trust accounting platform with robust reporting

With one login you have access to account information across the trust accounting and additional reporting platforms, including access to performance measurement for domestic and multi-currency investment portfolios.

Trust and custody is a strategic line of business

  • $1.2 trillion in assets under custody1 gives us the scale to service you effectively
  • Dedicated relationship managers average 20 years of trust and custody experience2
  • We have nearly 75 years in the custody business, and we’ll continue to invest in it

“Principal is committed to—and investing in—the trust and custody business. The addition of Wells Fargo IRT’s non-retirement trust and custody business expands and enhances our offering to the market, giving us the scale to compete plus the opportunity to do more for all clients.”

– Sri Reddy, senior vice president and lead of trust and custody

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Learn about our top-tier retirement recordkeeping experience

We’re evolving the Principal defined contribution and defined benefit retirement platform. It will incorporate the best capabilities from both Principal and Wells Fargo Institutional Retirement and Trust (IRT). Combined, these features can help drive results for plan sponsors and participants alike.

Learn more about the platform

Questions? We’re here to help.

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