Principal® Custody Solutions Migration Guide

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What to expect as you prepare to migrate

The migration guide is meant to provide you with an overview of what to expect as you prepare to migrate to Principal® Custody Solutions from Wells Fargo Institutional Retirement & Trust (IRT). 

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New! Updates to the migration guide
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Principal.com account access
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Principal® Custody Solutions web experience
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Preparing for migration
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Service continuity
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Your migration experience
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Retirees’ experience
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New! Updates
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Some items mentioned within this guide may not be applicable to your organization’s trust and custody account(s). We realize you may have questions specific to your relationship that are not covered in this migration guide. Your relationship manager is ready to assist you with those questions.

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Questions

We’re here to help. Contact your Relationship Manager.

The subject matter in this communication is educational only and provided with the understanding that Principal® is not rendering legal, accounting, investment advice or tax advice. You should consult with appropriate counsel or other professionals on all matters pertaining to legal, tax, investment or accounting obligations and requirements.

 

Information provided is solely for illustrative purposes only and the actual terms of the services are governed by the organization’s applicable service agreement(s).

 

Principal Financial Group closed the acquisition of certain assets of the Wells Fargo Institutional Retirement and Trust business (IRT) on July 1, 2019. During the transition period, Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo & Company, will continue to operate and service the IRT business for the benefit of Principal®, including providing recordkeeping, trustee, and/or custody services.

 

Wells Fargo has not reviewed the content of the attached material and makes no judgment of its accuracy.

 

Investment and Insurance products are:

  • Not Insured by the FDIC or Any Federal Government Agency
  • Not a Deposit or Other Obligation of, or Guaranteed by, Principal Bank or Any Bank Affiliate
  • Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested


1859445-102021 | 10/2021