The top-producing financial advisors are increasingly interested in offering clients individually-managed accounts rather than mutual funds, the Money Management Institute recently announced. MMI, a trade organization based in Washington, D.C., made the announcement at its annual conference earlier this month.

MMI found that nearly 35 percent of advisors earning more than $150,000 are interested in offering affluent clients individually-managed accounts. In 1996, that figure was only 13 percent.

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