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 |