Dean Witter Launches Fund Wrap Program

Published Wednesday, October 01, 1997

As of press time in early September, Dean Witter was set to launch its mutual fund wrap program--the last of the wirehouses to do so. Brokers at the firm report that Dean Witter has been holding meetings on the new program, and a roll-out appeared imminent. But it won't be "fully competitive," says Burton Greenwald, a Philadelphia mutual fund consultant. Bowing to pressure from mutual fund companies on the firm's select list, the program is expected to debut with about 50 funds from such fund families as AIM, Oppenheimer, MFS, Franklin Templeton, Kemper and Putnam. Both no-load funds ...

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