SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Segment's Contribution with Respect to Net Revenue, Operating Expenses, Operating Income (Loss) and Total Assets

Management evaluates segment results based on net revenue and operating income (loss) and believes that the following information provides a reasonable representation of each segment’s contribution with respect to net revenue, operating income (loss) and total assets:


		Three Months Ended June 30,				Six Months Ended June 30,
		2023		2022		2023		2022
Financial Advisory	Net Revenue	$	352,477	$	407,885	$	630,051	$	798,100
	Operating Expenses	439,445		316,574		768,180		614,832
	Operating Income (Loss)	$	(86,968)	$	91,311	$	(138,129)	$	183,268
Asset Management	Net Revenue	$	288,313	$	289,151	$	572,357	$	627,652
	Operating Expenses	269,219		232,546		517,270		474,062
	Operating Income	$	19,094	$	56,605	$	55,087	$	153,590
Corporate	Net Revenue (Loss)	$	2,324	$	(57,490)	$	(16,858)	$	(91,314)
	Operating Expenses (Credit)	44,523		(35,412)		47,097		(40,022)
	Operating Loss	$	(42,199)	$	(22,078)	$	(63,955)	$	(51,292)
Total	Net Revenue	$	643,114	$	639,546	$	1,185,550	$	1,334,438
	Operating Expenses	753,187		513,708		1,332,547		1,048,872
	Operating Income (Loss)	$	(110,073)	$	125,838	$	(146,997)	$	285,566


	As Of
	June 30, 2023		December 31, 2022
Total Assets
Financial Advisory	$	1,122,573	$	1,099,921
Asset Management	844,830		978,083
Corporate	2,635,534		3,774,557
Total	$	4,602,937	$	5,852,561