Darren
Grote

Principal Securities, Inc

CRD#3228463
Investment Advisor
in Des Moines, IA

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About this Advisor

Darren Grote is a certified financial planner and chartered financial consultant who works in Des Moines, Iowa with 19 years of industry experience. Grote is an advisor for Principal Securities, Inc. Grote has gained experience at Principal Life Insurance and Principal Securities. Grote holds Series 63 and Series 65 licenses, qualifying them as both a securities agent and an investment advisor representative, and is able to advise clients in Iowa. Principal Securities, Inc is a registered investment firm that has its headquarters in Des Moines, IA. The firm has offices in 350 locations and a total of 1,430 employees. It oversees $9 billion in total assets between its 46,075 client accounts, making it one of the largest investment advisory firms in the nation by assets under management. The firm advises 34 charities and foundations. Of its 46,075 client accounts, just 3% are held by high-net-worth clients who have more than $1 million in assets available to invest. The advisory firm offers a number of services, including financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers and educational seminars. Fees charged by financial advisors vary depending on the services offered. Fees billed by Principal Securities, Inc most likely are comprised of asset-based, hourly, fixed and other fees.

Certifications and Registrations

Series 63, Series 65, CERTIFIED FINANCIAL PLANNER™, Chartered Financial Consultant

Years Registered*

19 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Pension consulting services, Selection of other advisers, Educational seminars/workshops

Fee Structure

Percentage of Assets, Hourly Charges, Fixed Fees, Others

Office Location

711 High St
Des Moines, IA 50392

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Principal Securities, Inc Brokerage Details

Total Assets Under Management

$9,416,854,861

IA Average: $9,259,360,772
Total Number of Employees

1,430

IA Average: 166
Total Number of Accounts

46,075

IA Average: 7,189
Average Account Size

$204,381

IA Average: $1,287,990

Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Pension consulting services
  • Selection of other advisers
  • Educational seminars/workshops

Darren Grote Work History

Darren has been registered as a financial advisor for 19 years.*

2001 - Present (23 years)

Principal Life Insurance

2001 - Present (23 years)

Principal Securities

*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.

Disclosures

Please visit the SEC profile of Darren Grote to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.

Financial Advisors at Principal Securities, Inc

Michael Hunt
Melville, NY
Timothy Durso
Lansing, MI
Michael Adelman
Des Moines, IA
Katherine Delmont
Des Moines, IA
Janice Adams
Phoenix, AZ
Sean Oconnor
Syracuse, NY
Jairus Halladay
Milwaukee, WI
Conrad Beeler
Lansing, MI

The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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