Within a mutual fund company, what's the difference between an internal producer and external producer?

PLEASE HURRY NEED ANSWER BY 12 PM MONDAY

Here is a guess. A producer is another name for a sales person in the business world. In the mutual fund business an internal producer would be someone working for the mutual fund company trying to sell outside financial advisors on selling the fund to his/her clients. The financial advisor would be the external producer.

Here is an analogy. Lets say you owned a shoe store. You are the external producer. You are selling shoes to the public. I work for Nike. I come into your store and try selling you the latest Nike styles. I am the internal producer.

Please let me know if I am right.

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