Managers' outreach to advisers increasing, study shows

08/28/2013 | InvestmentNews (free registration)

Asset managers are reaching out more aggressively to advisers, according to an industry study. Advisers now get contacted 126 times a month, as opposed to 100 times a month five years ago, the study showed. “It's way too much,” said Matt Reiner of Capital Investment Advisors. “You do remember them if they keep on going all the time, but it tends to be too much. If they really want your business, they'll figure out how to get in touch with you.”

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