Setting up a mutual fund supermarket may not be for every bank, according to two fund services consultants.
"It's a tough row to hoe to become a sponsor," said Lisa Hurley, general counsel at Bisys Group in Little Falls, N.J.
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.
Have an account? Sign In