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Eric J Kuitu

Principal Securities, Inc.

Lake Elmo, MN

CRD 2705273

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Employer firm

Principal Securities, Inc. CRD 1137

$17.0B regulatory AUM 1,717 advisory clients

Reported services (Item 5G)

  • Financial planning
  • Portfolio management (individuals)
  • Portfolio management (institutions)
  • Pension consulting
  • Selection of other advisers
  • Educational seminars

From the firm’s Form ADV. Read the guides:

Current Employers
Principal Securities, Inc.

711 High Street, Des Moines, IA 50392 • United States

Current Registrations

AuthorityCategoryStatusDate
MN RA APPROVED 2018-10-17
  • MN RA
    APPROVED
    Since 2018-10-17

Branch Locations

8530 Eagle Point Blvd Ste 125, Lake Elmo, MN 55042 • United States

Disclosures

No disclosure categories reported as “Yes” on this SEC record.

  • Regulatory action No
  • Criminal No
  • Bankruptcy No
  • Civil judicial No
  • Bond No
  • Judgment / lien No
  • Investigation No
  • Customer complaint No
  • Termination No
Employment History
OrganizationCityStateFromTo
Cetera Advisor Networks Llc El Segundo CA 01/2013 10/2018
Advisornet Wealth Management Minneapolis MN 10/2012 10/2018
Eric Kuitu Financial Services White Bear Lake MN 11/2008 10/2018
Kuitu Properties, Llc White Bear Lake MN 03/2006 10/2018
Principal Life Insurance Company Lake Elmo MN 10/2018 Present
Principal Securities, Inc. Lake Elmo MN 10/2018 Present
Kuitu Financial Services Lake Elmo MN 10/2018 Present
Cannaday Bloom Wealth And Insurance Solutions Lake Elmo MN 07/2023 04/2026
Cannaday Wealth Management Lake Elmo MN 04/2026 06/2026
  • 01/2013 → 10/2018
    Cetera Advisor Networks Llc
    El Segundo, CA
  • 10/2012 → 10/2018
    Advisornet Wealth Management
    Minneapolis, MN
  • 11/2008 → 10/2018
    Eric Kuitu Financial Services
    White Bear Lake, MN
  • 03/2006 → 10/2018
    Kuitu Properties, Llc
    White Bear Lake, MN
  • 10/2018 → Present
    Principal Life Insurance Company
    Lake Elmo, MN
  • 10/2018 → Present
    Lake Elmo, MN
  • 10/2018 → Present
    Kuitu Financial Services
    Lake Elmo, MN
  • 07/2023 → 04/2026
    Cannaday Bloom Wealth And Insurance Solutions
    Lake Elmo, MN
  • 04/2026 → 06/2026
    Cannaday Wealth Management
    Lake Elmo, MN
Previous Registrations
  • 2013-08-22 → 2018-10-12
    Cetera Wealth Services, Llc
    Minnetonka, MN
    White Bear Lake, MN
  • 2014-01-29 → 2017-04-24
    White Bear Lake, MN
    Minnetonka, MN
Other Businesses

**Outside Insurance; Investment Related; White Bear Lake, MN; Agent; Fixed LI, DI, Fixed Annuities, LTC; Start Date: 10/16/2018; 80 hrs per month; 80 during trading hours. **Custom One Charities; Not Investment Related; Woodbury, MN; Board Member; Help with marketing and networking for the events of the charity.; Start Date: 02/01/2020; 2 hrs per month; 0 during trading hours. **INSURANCE POSITION: Cannaday Bloom NATURE: null INVESTMENT RELATED: Yes NUMBER OF HOURS: 32 SECURITIES TRADING HOURS: 32 START DATE: 01/01/2023 ADDRESS: 8530 Eagle Point Blvd, Suite 125, Lake Elmo MN 55042, United States DESCRIPTION: Group Employee benefits, retirement plans. **ERIC KUITU FINANCIAL SERVICES LLC POSITION: Owner NATURE: Owner/Partner/of LLC/S-Corp/REIT INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 10 START DATE: 03/04/2025 ADDRESS: 8530 Eagle Point Blvd. Suite 125, Suite 125, Lake Elmo MN 55042, United States DESCRIPTION: Setup for payroll for my assistant and to pay business expenses from only. **BANKIN MINNESOTA POSITION: Financial Advisor NATURE: Member of BankIn MN Association INVESTMENT RELATED: No NUMBER OF HOURS: 5 SECURITIES TRADING HOURS: 1 START DATE: 07/01/2025 ADDRESS: 8530 Eagle Point Blvd, Suite 125, LAKE ELMO MN 55042-8650, United States DESCRIPTION: Opportunity to meet C Suite bank executives and network. **KUITU FINANCIAL SERVICES (DBA) POSITION: Financial Advisor NATURE: DBA INVESTMENT RELATED: No NUMBER OF HOURS: 20 SECURITIES TRADING HOURS: 8 START DATE: 07/01/2018 ADDRESS: 8530 Eagle Point Blvd, Suite 125, LAKE ELMO MN 55042-8650, United States DESCRIPTION: The role is to have a name over the 3 family members it comprises. Been in place since 1969, when James Kuitu started Kuitu Financial Services. My compensation runs thru my own LLC.

Exams
CodeExamDate
S63 Uniform Securities Agent State Law Examination 1998-11-21
  • S63 Uniform Securities Agent State Law Examination
    1998-11-21
Designations
  • Certified Financial Planner
Other Names
  • Eric James Kuitu
  • Eric Kuitu

View on SEC IAPD

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