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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the three and six months ended June 30, 2024 and 2023 is as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net revenues: (1)

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

801,135

 

 

$

758,190

 

 

$

1,591,635

 

 

$

1,515,376

 

Institutional Group

 

 

390,721

 

 

 

277,524

 

 

 

742,097

 

 

 

610,137

 

Other

 

 

26,076

 

 

 

15,007

 

 

 

47,238

 

 

 

32,001

 

 

 

$

1,217,932

 

 

$

1,050,721

 

 

$

2,380,970

 

 

$

2,157,514

 

Income/(loss) before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

299,173

 

 

$

299,904

 

 

$

589,921

 

 

$

616,013

 

Institutional Group

 

 

48,813

 

 

 

(11,593

)

 

 

85,922

 

 

 

22,133

 

Other

 

 

(121,092

)

 

 

(106,926

)

 

 

(230,258

)

 

 

(246,878

)

 

 

$

226,894

 

 

$

181,385

 

 

$

445,585

 

 

$

391,268

 

(1)
No individual client accounted for more than 10 percent of total net revenues for the three and six months ended June 30, 2024 and 2023.
Schedule Of Information Of Total Assets On Segment Basis

The following table presents our company’s total assets on a segment basis at June 30, 2024 and December 31, 2023 (in thousands):

 

 

June 30,
2024

 

 

December 31,
2023

 

Global Wealth Management

 

$

32,614,886

 

 

$

32,773,613

 

Institutional Group

 

 

4,907,447

 

 

 

4,564,058

 

Other

 

 

286,945

 

 

 

389,789

 

 

 

$

37,809,278

 

 

$

37,727,460

 

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 six months ended June 30, 2024 and 2023, were as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

United States

 

$

1,147,168

 

 

$

965,997

 

 

$

2,248,172

 

 

$

2,004,892

 

United Kingdom

 

 

42,698

 

 

 

53,563

 

 

 

80,223

 

 

 

86,760

 

Canada

 

 

10,610

 

 

 

6,853

 

 

 

22,230

 

 

 

28,831

 

Other

 

 

17,456

 

 

 

24,308

 

 

 

30,345

 

 

 

37,031

 

 

 

$

1,217,932

 

 

$

1,050,721

 

 

$

2,380,970

 

 

$

2,157,514