Smaller towns race ahead in mutual fund distributor growth, but AUM gap remains wide

Lower entry barriers and tech platforms have driven a 61% surge in small-town mutual fund distributors over the past five years, but B30 locations still account for just 18% of total industry assets.Lower entry barriers and tech platforms have driven a 61% surge in small-town mutual fund distributors over the past five years, but B30 locations still account for just 18% of total industry assets.