Related Parties

12 Months Ended

Dec. 31, 2021

Investment Banking Revenue includes advisory fees earned from clients that have the Company's Senior Managing Directors, certain Senior Advisors and executives as a member of their Board of Directors of $34,656 and $15,641 for the years ended December 31, 2021 and 2020, respectively.

Other Assets on the Consolidated Statements of Financial Condition includes the long-term portion of loans receivable from certain employees of $20,397 and $10,159 as of December 31, 2021 and 2020, respectively. See Note 18 for further information.

Receivable from Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2021 and 2020:


	December 31,
	2021		2020
Advances to Employees	$	23,536	$	22,874
Personal Expenses Paid on Behalf of Employees and Related Parties	1,197		278


Other	475		441
Receivable from Employees and Related Parties	$	25,208	$	23,593

Payable to Employees and Related Parties on the Consolidated Statements of Financial Condition consisted of the following at December 31, 2021 and 2020:


	December 31,
	2021		2020

Amounts Due to U.K. Members	$	20,221	$	13,606
Amounts Due Pursuant to Tax Receivable Agreements(a)	10,465		9,891

Amounts Due to Employees for the Sale of Outstanding Class R Interests of Private Capital Advisory L.P.(b)	27,710		—
Other	480		550
Payable to Employees and Related Parties	$	58,876	$	24,047

(a)Relates to the current portion of the Member exchange of Class A LP Units for Class A Shares. The long-term portion of $70,209 and $76,860 is disclosed in Amounts Due Pursuant to Tax Receivable Agreements on the Consolidated Statements of Financial Condition at December 31, 2021 and 2020, respectively.

(b)Relates to the current portion of the amount due to employees of the Real Estate Capital Advisory ("RECA") business for the sale of Class R Interests of Private Capital Advisory L.P. The long-term portion of $20,587 due for contingent cash consideration is included within Other Long-term Liabilities on the Consolidated Statement of Financial Condition at December 31, 2021. See Note 16 for further information.