Chapter 168: The Joys and Sorrows of Man and Dog
Actually, there was no need to make a fuss about dividing the money at this kind of gathering. A phone call or a bank transfer during the day would have been so much more convenient.
Panzi's original intention was to bolster Han Lie's presence, a gesture of goodwill.
But no one expected that Han Lie would settle the "fat sheep" with just a few words, all by himself...
Well, that was preparation wasted.
With things having come to this point, Big Brother Pan could only simplify matters and try to add a little flourish.
Old Pan tapped on the table. Once everyone quieted down, he solemnly handed Han Lie an envelope.
"Little Han, open it and have a look."
Han Lie opened it with a chuckle. Inside was a check with many zeros—eight figures in total, a neat 10.88 million Dayang.
Doing some quick mental math… hey, isn't that a bit too much?
Han Lie looked up. "Uncle Pan…"
He had barely started speaking when Old Pan interrupted him. "We agreed on this before. Take it without worries!"
Dou Mingde immediately chimed in to persuade him, "With your skills, it's only right for you to take this amount. As long as you double it during the settlement period, I'll still give you 50%!"
The onlookers were all astounded, exchanging surprised glances.
In the end, the two elders still put Han Lie on a pedestal, giving him another boost.
In fact, in the entire financial industry, wealth management on behalf of clients has always been the most chaotic endeavor.
There are no prohibitions and, equally, no protections, so disputes are plentiful.
If there's a loss, the client causes trouble. If there's a profit, you might not get your share of the earnings.
Swindlers are rampant, and ugly incidents of people turning on their benefactors happen all year round.
But this line of work is truly lucrative, and the threshold is extremely low.
Any securities firm's analyst, investment advisor, client service representative, or even marketing staff, once they reached a certain level of competence, could very easily strike an under-the-table agreement with their clients.
How easily?
In his past life, Han Lie was an utterly green investor, losing money in the stock market as if he were being completely drained.
Even such a novice, by using the analyses and insights from the company's investment advisors, managed to secure several wealth management contracts. He did this by casting a wide net, diligently fishing for clients, and then cajoling and flattering them.
There were too many clients who understood nothing; fooling them wasn't really that hard.
Then, by buttering up the company's analysts for trading advice, he stood a high chance of making a profit when the market was good. If the market was bad, well, the loss was on the client's money.
If you were bold and lucky, a big windfall of several hundred thousand could come easily. Piece of cake, really.
Now, think about it—why do netizens always complain about those in finance driving up the "tea prices"? It's because earning money is indeed too easy for them, and they spend it extravagantly and recklessly.
In a bull market, they wildly splash money around. In a bear market, they just dust off their hands and walk away, leaving the rest of us staring at the inflated prices... Damn!
The same went for live broadcasting. For a while, Han Lie dabbled in live streaming, nonchalantly tossing out more than a hundred thousand just for fun, without any particular purpose—purely for kicks.
He made a significant contribution to inflating the net worth of female streamers, heh heh heh!
Of course, good luck doesn't always favor someone without real talent. Han Lie was quite self-aware, so he didn't take big risks and was very cautious, never getting entangled in any major trouble.
He'd make a little profit when the market was good and pull back quickly when it wasn't, muddling his clients through. Slow and steady wins the race—that was his approach.
Otherwise, with the base salary of a marketing person, how could he have survived in the Magic Capital?
But no matter how much one bluffed, the commission for managing clients' finances could only go up to 30%, averaging around 25%.
Clients might not have understood anything else, but they were very sensitive about their cut of the profits.
Yet now, Panzi and Douzi were offering Han Lie a standard 50% of the profits.
None of them were fools. The "fat sheep"—Alpha, Beta, Gamma, and Delta—exchanged covert glances, sensing a strong discomfort.
"No, that's not appropriate!"
Han Lie was very pleased to be praised but indeed felt awkward accepting it.
"I know the two of you aren't short of money and feel a kind of elder's protective sentiment towards me, but rules are rules…"
"No, no, no!"
Old Pan waved his hand, adamant. "I'm giving you 50% because I mentioned it when we two chatted at home, and I never go back on my word. As for how others charge, that's their business; it has nothing to do with me."
As soon as Old Pan spoke, the "fat sheep" relaxed their expressions.
Han Lie's sharp perception told him that Old Pan had done it on purpose, not only to elevate him but also to put some pressure on the "fat sheep."
So, he decisively stated, "Alright, then I'll accept this money. But just this once. From now on, everything will be according to the contract: a 30% profit share for everyone, settled monthly. And please, don't pull any more surprises like this on me."
Upon hearing this, Pan Shengwu narrowed his eyes and smiled.
Meanwhile, Dou Mingde and Principal Zhang silently nodded, both feeling a sense of admiration, thinking how the new generation inevitably surpasses the old.
Han Lie's response was smart and graceful.
The most commendable thing was his quick reaction. He had effortlessly conveyed at least three layers of meaning in a brief sentence and coordinated seamlessly with Old Pan. It was truly rare.
Tsk tsk, the young are truly formidable…
The "fat sheep"—Alpha, Beta, Gamma, and Delta—also felt indebted to Han Lie. Their impression of him improved further, and their attitude towards him grew increasingly enthusiastic.
After that, they chatted a bit more about the details, and the gathering soon dispersed.
They needed to hurry and get their funds ready. By Monday morning—the day after tomorrow—they would hand over their accounts to Han Lie.
By then, Han Lie would directly control seven large accounts—belonging to Alpha, Beta, Gamma, Delta, Principal Zhang, Dou, and Pan—totaling 120 million in cash.
The amount was higher than expected partly because of an extra 10 million from Principal Zhang.
Additionally, Dou Mingde planned to transfer his money back into his own account, separating it from Old Pan's.
They were each prepared to contribute 30 million, a combined total of 60 million.
Adding Han Lie's own account, Pan Ge's account, and the small real-trade competition account, Han Lie would be managing a total of ten stock accounts spread across seven different brokerages.
NOVEL NEXT