In my view the Banks should not be allowed to have their so-called "financial planners" selling their own mutual funds to depositors. 
They have a Trojan Horse set up that allows them to troll bank accounts and pressure individuals to convert to fee paying stock market constructs.(that's why their profits have steadily increased)
This is an especially lucrative pastime for them in the current low interest environment.
 I still have the charts and predictions that some fuzzy faced planner used to convince me to buy a "conservative"  Mutual Fund some 9 yrs ago , a fund that has a capital value of just 70% of the amount it started out at. In effect they paid me my own money back under the pretense of a 6% return.
It was my own fault for listening to them so I don't blame anyone but myself, but it highlights the predatory nature of the sales tactics.
It was a difficult decision to get out of that fund but worth it in the long run for the relief of the stress of watching it decline in value