Principal Asset Management Appoints Brant Wong Head of Retirement Solutions

Brant Wong

Principal Asset Management has appointed Brant Wong as head of retirement solutions, a new role in which he will lead retirement investment product strategy across Principal’s asset management and U.S. retirement businesses.

Wong will focus on expanding and enhancing Principal’s retirement investment products by leveraging its investment capabilities, as well as its heritage in retirement and life solutions. His team will focus on delivering products tailored to individual investors and workplace investment needs.

Chris Littlefield leads the retirement and income solutions business, and Kamal Bhatia the asset management businesses. Wong, who will be based in New York and will start on April 28, will report to Bhatia and will partner with Littlefield and his team.

Wong, an industry veteran of almost 30 years, previously served as head of retirement platforms at J.P. Morgan Asset Management, where he spent 23 years overseeing retirement strategy, platforms and national accounts. Before his tenure at J.P. Morgan, Wong worked at McKinsey & Co.

“I’m proud to be joining Principal, which is one of a few firms with expertise and service along an individual’s full investment journey and [which is] well poised to continue to develop new and innovative solutions to meet [its] needs,” Wong said in a statement.  

Wong’s appointment follows Deanna Strable assuming the role of CEO on January 7. Principal manages nearly $320 billion in retirement assets under management and continues to expand its suite of investment solutions. The firm’s focus includes developing increasingly personalized strategies that address both accumulation and decumulation phases of retirement while catering to a variety of price points.