In the face of intense competition and
fee pressure what needs to be done to maintain profitability?
Not exact matches
You don't get it do you?I'm not even talking about the money.But I agree with you that for the kind of money that will be spent on Mbappe it's a higher gamble.Henry was bought to be a starter and as the main man for Arsenal.He was so young by then and the
pressure on him was massive.Looking at the impact he's had in our club if Henry had failed who would imagine
what Arsene would have done.To me he's our best player ever.Arsene put a lot of trust in him to be honest but the gamble paid off.However, I think he had a point to prove to world and to Juve hence he succeeded.The same as is with Mbappe with even a higher transfer
fee and more expectation.If he's ever signed for that amount he's coming here to be the main man whowill send us into glory.Forget Ozchez for all eyes will be on him.
What you can't argue against is the desire of the industry to prod investors into vehicles that provide much higher
fees than those found on plain vanilla index ETFs on which we continue to see downward
pressure.
What kind of
pressure are you feeling on
fees?
It is just too expensive, and puts a lot of upward
pressure on the
fees — precisely
what we want to avoid.
While legal press headlines obsess about client
pressure on law firm
fees in
what remains a buyer's market, firms are arguably losing double - digit profitability due to how they handle payment for costs other than their own time.
What professional business would give the Franchises the added strength to reverse the current trend of downward
pressure on desk
fees and such?
Still, Shyiak admits brokers are increasingly facing a «downward
pressure» on
what they can charge agents because there are some agents, top producers included, who continue to shop for
what he calls «warehouse model brokerages» — those who charge the lowest possible
fees and offer the lowest possible services.