NEW YORK--(BUSINESS WIRE)--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:
- 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.
Follow us on Twitter!
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).