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Mutual Fund Asset Growth is Fastest at Indy Brokers, RIAs

Independent broker-dealers and registered investment advisors are growing mutual fund assets at a faster pace than wirehouses, reports Financial-Planning.com.

According to data from Access Data and Strategic Insight, IBDs and RIAs increased mutual fund assets by 9% and 8%, respectively, during the first quarter of 2013. That compares to the 6.5% increase generated by wirehouses.

Read the full article from Financial-Planning.com here.

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