Principal Advised Services legal documents

Client agreement

Principal Advised Services client agreement (PDF)

The terms and conditions you agree to when you open a Principal Advised Services account.

Apex Traditional IRA client agreement and application (PDF)

Apex Roth IRA client agreement and application (PDF)

The terms you agree to with Apex Clearing Corporation, the broker-dealer and custodian, when you open an account.

Apex fee schedule (PDF)

The miscellaneous fees charged by Apex Clearing Corporation for your Principal Advised Services account.

Electronic disclosure and consent (PDF)

The consumer disclosure and consent regarding conducting business electronically, including receiving and signing records electronically.

Terms of use

Terms of use

Terms of use govern your access and use of the websites, including wireless services or systems ("websites") of the Principal Financial Group®, its affiliates and subsidiaries.

Principal Advised Services disclosures

Principal Advised Services Form CRS (PDF)

Customer relationship summary that provides information about Principal Advised Services' services, fees, costs, conflicts, and disciplinary information.

Principal Advised Services ADV part 1 (PDF)

Information on Principal Advised Services owners, employees, clients, business practices, and other relevant details.

Principal Advised Services SimpleInvest ADV part 2 (PDF)

Principal Advised Services In-plan Advice ADV part 2 (PDF)

Descriptions about the products and services offered by Principal Advised Services.

Principal Advised Services Conversation Starters (PDF)

Questions and answers about the services offered by Principal Advised Services, as it relates to the Form CRS. 

Affiliate disclosures

Principal Global Investors ADV part 2 (PDF)

Descriptions about the products and services offered by Principal Global Investors.


Customer Privacy Notice (PDF)

How Principal Advised Services uses your personal information.

Investment and insurance products are: 

  • Not insured by the Federal Deposit Insurance Corporation (FDIC) or any federal government agency, 
  • Not a deposit, obligation of, or guaranteed by, Principal Bank or Any Banking affiliate 
  • May lose value, including possible loss of the principal amount invested.

Principal SimpleInvest is a discretionary investment advisory program that offers diversified investment portfolios for a fee. Principal SimpleInvest is sponsored and managed by Principal Advised Services, LLC, which consults with Principal Global Investors, LLC in the creation of the portfolios and the selection of the underlying portfolio investments. Principal Global Investors, LLC also provides trading and execution services. Principal Advised Services, LLC and Principal Global Investors, LLC are members of the Principal Financial Group®. Brokerage and custodial services provided by Apex Clearing Corporation, member FINRA, NYSE and SIPC. Apex Clearing Corporation is not affiliated with any member of the Principal Financial Group. Principal SimpleInvest portfolios are comprised primarily of Principal products, including affiliated mutual funds and ETFs.

The In-plan advice described above will be delivered in a fiduciary capacity and overseen by Principal Advised Services, a federally-registered investment adviser. Principal Advised Services does not guarantee that the results of their advice, recommendations or objectives of a strategy will be achieved. Principal Advised Services, LLC is a member of the Principal Financial Group®, Des Moines, IA 50392. All investments have inherent risks. Investing in Principal® SimpleInvest portfolios does not guarantee profit or protect against loss.

Principal®, Principal Financial Group®, and Principal and the logomark design are registered trademarks of Principal Financial Services, Inc., a Principal Financial Group company, in the United States and are trademarks and services marks of Principal Financial Services, Inc., in various countries around the world.