Some bank brokerage executives are reporting healthy fund sales in November, despite a 57.94% drop in the industry's net inflows into stock and bond funds.

Inflows - sales minus redemptions - totaled $4.5 billion in November, down from $10.7 billion in October and $20.1 billion in November 1998, according to a study by Financial Research Corp.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.