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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the three and nine months ended September 30, 2023 and 2022 is as follows (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net revenues: (1)

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

768,558

 

 

$

701,820

 

 

$

2,283,934

 

 

$

2,081,525

 

Institutional Group

 

 

256,888

 

 

 

339,408

 

 

 

867,025

 

 

 

1,182,135

 

Other

 

 

19,605

 

 

 

3,911

 

 

 

51,606

 

 

 

6,132

 

 

 

$

1,045,051

 

 

$

1,045,139

 

 

$

3,202,565

 

 

$

3,269,792

 

Income/(loss) before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

298,449

 

 

$

279,935

 

 

$

914,462

 

 

$

750,500

 

Institutional Group

 

 

(27,804

)

 

 

40,000

 

 

 

(5,671

)

 

 

209,620

 

Other

 

 

(161,216

)

 

 

(114,166

)

 

 

(408,094

)

 

 

(308,701

)

 

 

$

109,429

 

 

$

205,769

 

 

$

500,697

 

 

$

651,419

 

(1)
No individual client accounted for more than 10 percent of total net revenues for the three and nine months ended September 30, 2023 and 2022.
Schedule Of Information Of Total Assets On Segment Basis

The following table presents our company’s total assets on a segment basis at September 30, 2023 and December 31, 2022 (in thousands):

 

 

September 30, 2023

 

 

December 31,
2022

 

Global Wealth Management

 

$

32,601,555

 

 

$

32,449,466

 

Institutional Group

 

 

4,779,831

 

 

 

4,285,212

 

Other

 

 

496,191

 

 

 

461,446

 

 

 

$

37,877,577

 

 

$

37,196,124

 

Schedule Of Net Revenues Earned On Major Geographical Areas

Revenues, classified by the major geographic areas in which they were earned for the three and nine months ended September 30, 2023 and 2022, were as follows (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

United States

 

$

979,282

 

 

$

987,770

 

 

$

2,982,274

 

 

$

3,085,241

 

United Kingdom

 

 

45,095

 

 

 

40,980

 

 

 

131,855

 

 

 

134,836

 

Canada

 

 

8,364

 

 

 

7,798

 

 

 

37,195

 

 

 

21,182

 

Other

 

 

12,310

 

 

 

8,591

 

 

 

51,241

 

 

 

28,533

 

 

 

$

1,045,051

 

 

$

1,045,139

 

 

$

3,202,565

 

 

$

3,269,792