Revenues From Contracts With Customers (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Total Revenues Broken Out by Revenues from Contracts with Customers and Other Sources of Revenues

The following table presents the Company’s total revenues broken out by revenues from contracts with customers and other sources of revenues for the years ended December 31, 2022 and 2021 (in thousands):

	Year Ended December 31,
	2022		2021
Revenues from contracts with customers:
Commissions	$	710,589	$	809,500
Investment banking		971,485		1,565,381
Asset management		1,262,919		1,206,516
Other		5,834		34,239
Total revenue from contracts with customers		2,950,827		3,615,636
Other sources of revenue:
Interest		1,099,115		548,400
Principal transactions		529,033		581,164
Other		13,851		37,886
Total revenues	$	4,592,826	$	4,783,086

Revenues from Contracts with Customers Disaggregated by Major Business Activity and Primary Geographic Regions

The following tables present the Company’s revenues from contracts with customers by reportable segment disaggregated by major business activity and primary geographic regions for the years ended December 31, 2022 and 2021 (in thousands):

	Year Ended December 31, 2022
	Global Wealth Management		Institutional Group		Other		Total
Major business activity:
Commissions	$	473,638	$	236,951	$	—	$	710,589
Capital raising		19,515		237,347		—		256,862
Advisory		—		714,623		—		714,623
Investment banking		19,515		951,970		—		971,485
Asset management		1,262,841		78		—		1,262,919
Other		5,569		—		265		5,834
Total		1,761,563		1,188,999		265		2,950,827
Primary Geographic Region:
United States		1,761,563		970,960		265		2,732,788
United Kingdom		—		148,690		—		148,690
Canada		—		33,718		—		33,718
Other		—		35,631		—		35,631
	$	1,761,563	$	1,188,999	$	265	$	2,950,827

	Year Ended December 31, 2021
	Global Wealth Management		Institutional Group		Other		Total
Major business activity:
Commissions	$	567,491	$	242,009	$	—	$	809,500
Capital raising (1)		48,210		661,088		—		709,298
Advisory (1)		—		856,083		—		856,083
Investment banking		48,210		1,517,171		—		1,565,381
Asset management		1,206,406		110		—		1,206,516
Other		32,414		—		1,825		34,239
Total		1,854,521		1,759,290		1,825		3,615,636
Primary Geographic Region:
United States		1,854,521		1,433,213		1,825		3,289,559
United Kingdom		—		188,984		—		188,984
Canada		—		93,068		—		93,068
Other		—		44,025		—		44,025
	$	1,854,521	$	1,759,290	$	1,825	$	3,615,636

(1) Excludes revenues not derived from contracts with customers in the Other segment.