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LLB Annual Report 2021 de

2 Net fee and commission income

in CHF thousands

2021

2020

+ / – %

Brokerage fees

54'382

53'293

2.0

Custody fees

54'576

44'830

21.7

Advisory and management fees

65'463

51'956

26.0

Investment fund fees

194'843

155'084

25.6

Credit-related fees and commissions

648

663

– 2.3

Commission income from other services

29'722

27'025

10.0

Total fee and commission income

399'634

332'850

20.1

 

 

 

 

Brokerage fees paid

– 11'180

– 11'161

0.2

Other fee and commission expenses

– 154'816

– 122'553

26.3

Total fee and commission expenses

– 165'996

– 133'714

24.1

 

 

 

 

Total net fee and commission income

233'638

199'136

17.3

LLB and its subsidiaries offer clients an all-in fee for various services. This is recognised in the line “Advisory and management fees”. The following table shows what share of the income position the all-in fee has and what proportion of which services is included in it:

in CHF thousands

2021

2020

+ / – %

Total all-in-fees

40'599

29'642

37.0

of which brokerage

15'126

12'525

20.8

of which securities administration

6'225

4'241

46.8

of which asset management

19'248

12'876

49.5