SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2024

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 September 30,				Nine Months Ended September 30,
		2024		2023		2024		2023
Financial Advisory	Net Revenue	$	370,917	$	266,048	$	1,235,732	$	896,099
	Operating Expenses	333,961		295,609		1,132,793		1,063,789
	Operating Income (Loss)	$	36,956	$	(29,561)	$	102,939	$	(167,690)
Asset Management	Net Revenue	$	293,878	$	284,855	$	874,841	$	857,212
	Operating Expenses	251,981		232,011		749,066		749,281
	Operating Income	$	41,897	$	52,844	$	125,775	$	107,931
Corporate	Net Revenue (Loss)	$	120,071	$	(26,985)	$	124,395	$	(43,843)
	Operating Expenses	37,737		1,155		73,721		48,252
	Operating Income (Loss)	$	82,334	$	(28,140)	$	50,674	$	(92,095)
Total	Net Revenue	$	784,866	$	523,918	$	2,234,968	$	1,709,468
	Operating Expenses	623,679		528,775		1,955,580		1,861,322
	Operating Income (Loss)	$	161,187	$	(4,857)	$	279,388	$	(151,854)


	As Of
	September 30, 2024		December 31, 2023
Total Assets
Financial Advisory	$	1,169,828	$	1,154,483
Asset Management	1,117,161		1,232,364
Corporate	2,533,015		2,248,934
Total	$	4,820,004	$	4,635,781