Series 24: Management Fee

Taken from our Series 24 - FINRA General Principal Qualification Examination

Definition of the term Management Fee...

the portion of an underwriting spread that goes to the syndicate manager and any co-managers. The management fee usually comprises 20% of the spread.

Since you're reading about Series 24: Management Fee, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 24
Please Enable Javascript
to view this content!