In the ten years since she founded the Spectrem Group of San Francisco, Amy Errett has regarded the mutual fund industry as an explosive "revolution."

"One of the reasons why I am still fascinated by the financial services industry is that we at Spectrem have been involved in the business during the revolution of the 1990s - the new entrants, the Internet and e-commerce, the boom of mutual funds, a huge bull market, the movement of the 401(k) market and the creation of more affluence than there ever has been in this country," said Errett, chairman and chief executive officer of Spectrem.

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