2 Net fee and commission income

(XLS:) Download

in CHF thousands

 

2019

 

2018

 

+/− %

Brokerage fees

 

47'032

 

46'496

 

1.2

Custody fees

 

45'577

 

37'429

 

21.8

Advisory and management fees

 

59'694

 

49'805

 

19.9

Investment fund fees

 

152'366

 

95'940

 

58.8

Credit-related fees and commissions

 

589

 

714

 

–17.5

Commission income from other services

 

34'414

 

30'882

 

11.4

Total fee and commission income

 

339'672

 

261'267

 

30.0

 

 

 

 

 

 

 

Brokerage fees paid

 

–12'202

 

–11'348

 

7.5

Other fee and commission expenses

 

–118'314

 

–74'639

 

58.5

Total fee and commission expenses

 

–130'516

 

–85'987

 

51.8

 

 

 

 

 

 

 

Total net fee and commission income

 

209'156

 

175'280

 

19.3

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:

(XLS:) Download

in CHF thousands

 

2019

 

2018

 

+/− %

Total all-in fees

 

32'964

 

28'498

 

15.7

of which brokerage

 

10'702

 

10'537

 

1.6

of which securities administration

 

5'189

 

4'898

 

6.0

of which asset management

 

17'073

 

13'063

 

30.7