NEW YORK--(EON: Enhanced Online News)--Kroll Bond Rating Agency (KBRA) releases research report entitled “Wealth Manager Profitability: Higher Rates and Demographics Trump Fee Pressure.” The report makes the following key points:
“Wealth Manager Profitability: Higher Rates and Demographics Trump Fee Pressure.”
- Net Interest Income is key to profitability with the potential for further growth through additional interest rate hikes in 2017.
- Asset growth and increased net interest income continued to offset asset management fee and commission revenue compression.
- KBRA views the Wealth Management business as creditor-friendly due to its high double digit margins, stable and predictable revenue, and relatively low capital requirements.
Please click here to view the report.
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About Kroll Bond Rating Agency
KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).