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Management Practice, Inc. (MPI) has been a consultant and an adviser to mutual fund directors and their counsel since 1970. We provide independent information to help fund directors and trustees carry out their responsibilities.

Originally, MPI's work focused on the contract renewal process, but it has since expanded to include:

  • Consultation concerning the dynamics of the board itself.
  • Fee negotiation.
  • Director compensation and benefits.
  • Director search and education.

Click here for further information.

MPI does not either directly or by implication provide legal advice.




MPI performs annual surveys for the mutual fund industry and independent directors.  For over 20 years we have performed a survey of director compensation  as well as a survey regarding mutual fund profitability.  Additionally, this year will be our 9th annual survey of Chief Compliance Officer compensation.  For further information on these surveys, as well as their accompanying questionnaires, please click on the links below.

Survey Brochures:

MPI Fund Director/Trustee Compensation Brochure

MPI Fund CCO Compensation Survey Brochure

2011 Mutual Fund Profitability Survey Mutual Fund Profitability Survey

Survey Questionnaires: 

MPI Trustee/Director Compensation Survey 2017

MPI CCO Compensation Questionnaire 2017


Mutual Fund Directors Forum Webinar



"Mutual Fund Director Compensation:

The MPI Annual Survey of Gartenberg Profitability Benchmarks"

  July 20, 2017, 2pm


As part of their Forum Webinar Series, the Mutual Fund Directors Forum will host a webinar with Management Practice.

MPI's 2017 survey will provide benchmarks from analysis of 2016 financial statements of 18 comparable public asset management companies.  This survey begins to include the impact of lower fees and negative flows at some active managers.  


For more information on this webinar call the MFDF at 202-507-4488 or visit www.mfdf.org

For more information on these webinars please call the MFDF at 202-507-4488 or visit www.mfdf.org



The Uneasy Chaperone offers a wide-ranging look at the responsibilities and activities of mutual fund boards of directors and at the challenges facing the individual independent director.

Click here to learn how "The Uneasy Chaperone" can help you.

To order, simply download our brochure.