Minnesota Business Center
The Minnesota Business Center is a group of offices representing Principal® in a variety of locations across the state of Minnesota. We are dedicated to helping individuals, businesses and their employees achieve financial security and success in our communities. We proudly represent the Principal with integrity and professionalism.
Working with us
If you’re interested in working with us as an advisor, we’ll provide you a professional and supportive environment that helps you build your knowledge and skills. Learn more about what it’s like to work with us and meet our management team.
See our office locations & advisors
If you’re looking for a financial services product, we can help you find a local financial professional at Principal® to discuss your financial needs, as well as purchase life insurance, annuities, securities and investments.
See a list of advisors in Minnesota to contact one directly.
Our alliances & associations
Do you want to make a difference and help others solve problems? We do too. That’s why we want to talk to you about your future with Principal. Whether you’re just getting started or ready to move your business in a new direction, we’ve got your back.
An inclusive culture and tools to build your career
The one thing we have in common is that each of us is different. That’s why we seek diversity in the people we hire. Our inclusion extends to the way we do business with a flexible work culture. That may mean you want to focus on a specific market, be a solo practitioner or join a team. No matter what you choose, we’re here to give you the right tools to build your confidence and help you succeed.
Meet the management team
Now that you know a little about our business center, we’d like to tell you about the amazing folks you’ll be working with.
Nick Halvorson, RICP®, CLF® - Regional Managing Director
As a Regional Managing Director with the Minnesota Business Center of Principal®, Nick Halvorson works with his team of Financial Professionals to help businesses and individuals build plans and strategies to achieve their financial goals. Nick works to build a culture of high-performing, honest, and ethical financial professionals.
Nick attended the University of St. Thomas where he obtained his degree in Financial Management and Business Administration. While at UST, Nick played football and remains very active with the Football Alumni Association.
Nick entered the financial services industry in 2001. His professional achievements include: Top Club Recognition program at Principal®; Principal Management Achievement Roundtable (MART) – honoring top managers in the country; life member of Million Dollar Round Table (MDRT) - the Premier Associations of Financial Professionals®; member of GAMA (an association dedicated to financial services leaders); member of National Association of Insurance and Financial Advisors (NAIFA).
He enjoys boating, traveling, golf, fishing, water & snow skiing, playing sports with his son & daughter, and watching movies with his family.
Nick resides in Woodbury, MN, with his wife Alice, their two children, Connor & Ava and their dogs, Louie & Hunter.
Nash Meland - Associate Managing Director
As Associate Managing Director for the Minnesota Business Center of Principal®, Nash Meland helps financial advisors build and grow successful practices. Nash is primary in providing training and support on financial plans. Joining in 2014, Nash has worked in a wide range of areas within Principal® with advisors and their staff, as well as with the management team in helping Advisors in their transition and development.
Nash graduated from St. Cloud State University with a degree in Business Management. He previously worked for a reinsurance brokerage firm before making the transition to Principal®. Nash is a member of GAMA (an association dedicated to financial industry leaders), NAIFA (National Association of Insurance and Financial Advisors) as well as a member of the FPA (Financial Planning Association).
Nash lives in Minnetonka with this wife, Kate, dog, Piper and cat Shades. You can often find Nash playing golf, enjoying time at the cabin in the summer, or enjoying hockey in the winter.
Zach Wood - Associate Managing Director
As Associate Managing Director for the Minnesota Business Center of Principal®, Zach Wood works with new and experienced Financial Professionals to help educate, train, and inspire them in the pursuit of their goals and in the growth of their business. Zach strives to help each advisor reach their potential and to be their best every day.
Zach attended the University of Minnesota where he earned a degree in Geography. During his time as a Gopher, Zach was a 4-year letter winner, captain, and All-American for the men’s swim team. He continues to be involved with the swim team and support all Gopher athletics.
Zach enjoys spending time with his family outdoors and on the lake. Zach lives in Maple Grove, MN with his wife, 2 daughters, and son.
Luke Ripienski, CFP® - Director - Field Supervision
As Director - Field Supervision, Luke Ripienski provides compliance and supervision guidance to management, investment advisors, registered representatives, and staff in the Minnesota Business Center. Luke entered the financial services industry in 2002, and joined the Principal team in 2018.
Luke resides in Woodbury, MN, with his wife and their 3 children.
Maureen Neumann - Business Development Consultant
Maureen has over 25 years of experience in the marketing, administrative and recruiting area of the financial industry. She loves being a part of the Principal and working with our advisors on their marketing efforts along with the Regional Business Strategist team.
Outside of the financial industry, Maureen has a passion for yoga and healing studies. She enjoys spending time outdoors with her family and friends. Maureen is a supporter of Cheerful Givers and Mercy for Animals. Maureen resides in Stillwater, MN with her cat Josie.
Ellen Brill - Recruiting Support Coordinator
Ellen brings to the Minnesota Business Center 6 years of experience in the insurance and financial services industry. She has a background in recruiting support and assisting advisors in their practices. In her role, Ellen strives to create the best possible experience for advisors joining Principal while in the recruiting process.
Ellen hails from Minnesota and is a graduate of the University of Minnesota – Twin Cities. In her spare time, she is a youth volleyball coach and mom to Olivia and Vincent. She loves Minnesota summers and spending time at the lake with her family.
Becky Brothers - Regional Business Strategist
Becky works closely with our Financial Services Representatives and Business Center Management Teams on business, brand, and market development. This includes marketing plan consultations, opening new markets, creating new opportunities in existing markets, marketing, and communication strategies, and social media marketing.
Becky has been with Principal since 2002 is the proud mother to 3 fur babies. She enjoys hiking, travel, and lounging in the park with her pups and a good book.
Dan Reeves - Sr. Regional Business Strategist
Dan works closely with our Financial Services Representatives and Business Center Management Teams on business, brand, and market development. This includes marketing plan consultations, opening new markets, creating new opportunities in existing markets, marketing and communication strategies, and social media marketing. Dan has been with Principal since 2003.
He and his wife (Morgan) have 3 kids and enjoy movies and outdoor activities (especially golf) and are active in their local church. He also is a big Chicago Cubs and Iowa Hawkeyes fan.
Interested in meeting with an advisor near you? Great! Check the list below to see who’s available in your area and learn more.
11100 Wayzata Blvd., Suite 405
Minnetonka, MN 55305
Directions to the Minnetonka office
200 Hakala Lane
Bovey, MN 55709
Directions to the Bovey office
302 W. Superior Street
Duluth, MN 55802
Directions to the Duluth office
3220 18th Street South
Fargo, ND 58104
Directions to the Fargo office
Hudson, Wisconsin office
516 2nd Street, Suite 100
Hudson, WI 54016
Directions to the Hudson office
18 Main Street South
Hutchinson, MN 55350
Directions to the Hutchinson office
Lake Elmo office
8530 Eagle Point Blvd., Suite 125
Lake Elmo, MN 55042
Directions to the Lake Elmo office
101 North 2nd Street, Suite 101
Mankato, MN 56001
Directions to the Mankato office
301 4th Avenue South Ste. 272P
Minneapolis, MN 55145
Directions to the Minneapolis office
St. Paul office
101 East 5th Street, Suite 202
St. Paul, MN 55101
Directions to this St. Paul office
St. Peter office
315 S. Minnesota Avenue
St. Peter, MN 56082
Directions to the St. Peter office
Waite Park office
131 Sixth Avenue South, Suite 150
Waite Park, MN 56387
Directions to the Waite Park office
The Financial Professionals in the Minnesota Business Center are licensed in AZ, AR, CA, CO, CT, FL, GA, IL, IA, MD, MA, MI, MN, MO, MT, NE, NV, NC, ND, OH, OK, OR, SC, SD, TX, UT, VT, WI, (some or all states) to offer insurance products, life insurance (including variable life), annuities (including variable annuities), securities and investment advice. This site is not a solicitation of interest in any of these products in any other state.
Insurance products from the Principal Financial Group® are issued by Principal National Life Insurance Co. (except in NY) and Principal Life Insurance Co. Securities and advisory products offered through Principal Securities, Inc., 800-247-1737, member SIPC. Principal National, Principal Life, and Principal Securities are members of the Principal Financial Group, Des Moines, IA 50392.
* The DBA in which an advisor markets under is not an affiliate of any company of the Principal Financial Group®.
Important Consumer Information: The Minnesota Business Center Financial Professionals of Principal Securities may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if he or she is excluded or exempted from the state's registration requirements. Follow-up, individualized responses to consumers in a particular state by any of the Financial Professionals of Principal Securities that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the state's requirements, or pursuant to an applicable state exemption or exclusion. For information concerning the licensure status or disciplinary history of a broker-dealer, investment adviser, BD agent or IA representative or any financial institution he or she represents, contact your state securities law administrator.
The Financial Professionals of Principal Securities are licensed in a number of states to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), and are securities and advisory registered in a number of states. This site is not a solicitation of interest in any of these products in any other state.
Principal Life maintains certificates of authority to transact insurance in all 50 states. Principal Life NAIC identification number is 61271. Principal National NAIC identification number 71161.