Now that tax-free common trust conversion has become law, the hard work of actually moving those assets into mutual funds has begun.

Bankers remain eager to infuse their proprietary mutual funds with common trust assets, estimated at $153 billion by the federal government last year. But the logistical headaches for bankers and their mutual fund servicing vendors make the years spent lobbying Washington lawmakers for relief look easy.

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.