Bank consultant William Wyman says he gives all his clients the same advice about mutual funds: Get into them.

Find a way to make them profitable, either by managing, servicing, or selling them, he says. Retaining a customer relationship is worth the effort.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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