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Wednesday, March 06, 2013

WSJ Says Fundsters Are Stalking Advisors

News summary by MFWire's editors

Never mind the calls from neurotic clients, the biggest phone nuisance brokers and financial advisors now face comes from mutual fund wholesalers, according to the Wall Street Journal.

Wealth managers have embraced the ever-widening array of mutual fund products offered by asset managers, which leads to more variety for the clients, but it also leaves them open to a barrage of sales calls from mutual fund firms.

Advisors say they are learning ways to deal with these calls.

To learn more about what advisors are doing in response, read the Wall Street Journal article

Edited by: Tommy Fernandez


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