Principal Funds Expands Investment-Only Team

Principal Funds added three regional directors to its investment-only team.

Each will focus on growth within the registered investment adviser (RIA) distribution channel. 

Marcel Dawson, based in Charlotte, North Carolina, covers the South Central region. Most recently, Dawson was a regional vice president with Pioneer Investments/UniCredit SpA, where he directed sales to institutional RIA clients in 15 states. He graduated from Appalachian State University with degrees in economics and information systems. 

Gary Nakamura covers the West and is based in Golden, Colorado. He most recently worked for MFS Investment Management as a director of sales within the firm’s RIA division. Nakamura graduated with bachelors degrees in economics and information/computer sciences from the University of California at Irvine. He holds the Certified Investment Management Analyst designation.  

Pamela Suing is based in Chicago, and covers the North and Northeast. Suing previously was an RIA consultant at Nuveen Investments. She graduated from Southern Illinois University with a bachelor’s degree in marketing and holds the Certified Financial Plannerand Chartered Life Underwriter designations. 

The new hires give the investment-only team eight regional directors and five internal wholesalers.