Management Fee

In the investment advisory industry, a management fee is a periodic payment that is paid by investors in a pooled investment fund to the fund's investment adviser for investment and portfolio management services.

Read more about Management Fee:  Mutual Funds, Private Equity Funds, Hedge Funds, See Also

Famous quotes containing the words management and/or fee:

    The care of a house, the conduct of a home, the management of children, the instruction and government of servants, are as deserving of scientific treatment and scientific professors and lectureships as are the care of farms, the management of manure and crops, and the raising and care of stock.
    Catherine E. Beecher (1800–1878)

    As a general rule never take your whole fee in advance, nor any more than a small retainer. When fully paid beforehand, you are more than a common mortal if you can feel the same interest in the case, as if something was still in prospect for you, as well as for your client.
    Abraham Lincoln (1809–1865)