2 Net fee and commission income
in CHF thousands |
2022 |
2021 |
+ / – % |
Brokerage fees |
44'524 |
54'382 |
– 18.1 |
Custody fees |
52'327 |
54'576 |
– 4.1 |
Advisory and management fees |
55'290 |
65'463 |
– 15.5 |
Investment fund fees |
157'251 |
194'843 |
– 19.3 |
Credit-related fees and commissions |
736 |
648 |
13.6 |
Commission income from other services |
33'761 |
29'722 |
13.6 |
Total fee and commission income |
343'889 |
399'634 |
– 13.9 |
|
|
|
|
Brokerage fees paid |
– 10'298 |
– 11'180 |
– 7.9 |
Other fee and commission expenses |
– 122'644 |
– 154'816 |
– 20.8 |
Total fee and commission expenses |
– 132'942 |
– 165'996 |
– 19.9 |
|
|
|
|
Total net fee and commission income |
210'947 |
233'638 |
– 9.7 |
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 |
2022 |
2021 |
+ / – % |
Total all-in-fees |
31'974 |
40'599 |
– 21.2 |
of which brokerage |
11'626 |
15'126 |
– 23.1 |
of which securities administration |
2'958 |
6'225 |
– 52.5 |
of which asset management |
17'391 |
19'248 |
– 9.6 |