Taking a cue from some of the nation's largest banks, Marshall & Ilsley Corp. and Signet Banking Corp. are trying to persuade financial planners to sell their mutual funds.

Milwaukee-based M&I Bank is planning to launch next month a direct-mail campaign to about 3,000 financial planners across the country. And Signet, based in Richmond, Va., is on the prowl for a sales representative to market its proprietary asset allocation program to planners.

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