The offices on the mainland also saw their fee income fall, although not to the same extent.
And they get richer - creating even more potential fee income.
Their organization ended 1986 with $10.6 million in fee income and 164 employees.
An annual public relations survey has reported that fee income for the 50 largest agencies rose 8.5 percent in 1994 from 1993.
The Richmond shop had fee income last year of $1.3 million.
In fact, Yahoo has tried to add services that can earn some fee income.
A better overall service should be offered with, hopefully, an accompanying increase in fee income.
"A lot of their earnings today are from fee income" he said.
America's banks, keen for fee income now that loans are no longer growing, would love to do the same.
But how much this will produce in fee income is debatable.