Acquisition (Tables)

12 Months Ended

Dec. 31, 2015

MLV [Member]

Summary of Fair Value of Assets Acquired and Liabilities Assumed at Acquisition Date

The table below summarizes the estimates of the fair value of the assets acquired and liabilities assumed as of the acquisition date:

Purchase Price:
Cash paid	$	3,250
Fair Value of Assets Acquired:
Cash		975
Due from brokers, dealers and clearing    organizations		2,098
Investment banking receivables		1,111
Other		606
Total	$	4,790
Fair Value of Liabilities Assumed:
Accounts payable, accrued expenses and other    liabilities	$	3,305
Fair value of net assets acquired	$	1,485
Purchase price allocated to goodwill		1,259
Purchase price allocated to intangible assets		506
Total purchase price	$	3,250

Lazard Capital Markets LLC [Member]

Summary of Fair Value of Assets Acquired and Liabilities Assumed at Acquisition Date

The table below summarizes the preliminary estimates of contingent consideration, and the fair value of the assets acquired and liabilities assumed as of the acquisition date:

Purchase Price:
Cash paid	$	1,000
Estimated contingent consideration		4,070
Total	$	5,070
Fair Value of Assets Acquired:
Securities borrowed		675,709
Due from brokers, dealers and clearing organizations		357
Total	$	676,066
Fair Value of Liabilities Assumed:
Securities loaned	$	676,066
Purchase price allocated to goodwill	$	2,570
Purchase price allocated to intangible assets		2,500
Total purchase price	$	5,070