Concentration

12 Months Ended

Dec. 31, 2019

Risks and Uncertainties [Abstract]

CONCENTRATION

CONCENTRATION:

For each of the years ended December 31, 2019, 2018 and 2017, our ten largest clients accounted for approximately 20% of our fee revenue. No single customer accounted for 10% or more of our fee revenues in any of these years. The following table presents advisory fee revenue received from our single largest client in each year (in thousands):

	Years ended December 31,
	2019			2018			2017
Advisory fees from our largest client:
Asset-based fees	$	1,863		$	1,868		$	6,312
Performance-based fees	764			2,984			—
Percent of fee revenue	3.2		%	4.0		%	4.8		%