Advisors can use a new program from a MetLife Inc. unit to keep the business of low-asset mutual fund investors.

The MetLife Broker-Dealer Group at MetLife, New York, says the MetLife Fund Management Services program will be available to advisors in all of its retail investment advisor networks.

The program includes an automated system that clients can use to open accounts, monitor their accounts and maintain their accounts.

Advisors equipped with the system can deliver personalized investment advice to investors with as little as $10,000 in account assets, MetLife estimates.