So the reasons why American Funds continue their lock on the BDs is because they, their clients, and their Reps just don't know any better; they don't know how to properly compare investment performance, are lazy, it's still is the best way to maximize
income and do the least work, habit, it's the path
of least resistance that's been working great for over three decades, armies
of wholesalers are out schmoozing via free
expensive meals and passing out cool stuff daily, then there's the conferences prizes and rewards, and last but never least, regulators haven't gotten around to doing anything about these
types of gray - area abuses yet.
(The problem with this is that game consoles, in general, have always been a «low
income»
type of entertainment compared to the more
expensive alternatives.)