Defined Contribution

Wells Fargo Asset Management chooses head of defined contribution investment only

Nate Miles has joined Wells Fargo Asset Management as head of defined contribution investment only, confirmed Sarah Kerr, a Wells Fargo spokeswoman.

The position is new.

"His responsibilities include working with — and across — our organization on product development, thought leadership, proprietary research, and distribution support," Ms. Kerr wrote in an email.

Mr. Miles, who joined Wells Fargo July 31, reports to Fredrik Axsater, Wells Fargo Asset Management's executive vice president and head of strategic business segments.

Mr. Miles had been head of U.S. retirement solutions at WisdomTree Investments. Melissa Chiles, a WisdomTree spokeswoman, did not return requests for information by press time.