Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule Of Operating Information, Segment

Information on reportable segments and reconciliation to consolidated net income available to common shareholders for the years ended December 31, 2024, 2023, and 2022, is as follows (in thousands):

	Year Ended December 31,
	2024			2023			2022
Global Wealth Management
Net revenues	$	3,283,960		$	3,049,962		$	2,825,866
Compensation and benefits		1,605,148			1,415,210			1,368,576
Non-compensation operating expenses		470,870			418,930			389,719
Operating income	$	1,207,942		$	1,215,822		$	1,067,571
Institutional Group
Net revenues	$	1,592,833		$	1,226,317		$	1,536,017
Compensation and benefits		959,602			841,671			929,606
Non-compensation operating expenses		409,831			382,546			352,279
Operating income	$	223,400		$	2,100		$	254,132
Other
Net revenues	$	93,527		$	72,665		$	29,556
Compensation and benefits		351,479			297,700			288,050
Non-compensation operating expenses		244,946			286,195			178,093
Operating loss	$	(502,898	)	$	(511,230	)	$	(436,587	)
Consolidated
Net revenues (1)	$	4,970,320		$	4,348,944		$	4,391,439
Compensation and benefits		2,916,229			2,554,581			2,586,232
Non-compensation operating expenses		1,125,647			1,087,671			920,091
Operating income	$	928,444		$	706,692		$	885,116

(1) No individual client accounted for more than 10 percent of total net revenues for the years ended December 31, 2024, 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 December 31, 2024 and 2023 (in thousands):

	December 31,
	2024		2023
Global Wealth Management	$	34,894,973	$	32,773,613
Institutional Group		4,788,640		4,564,058
Other		211,927		389,789
	$	39,895,540	$	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 years ended December 31, 2024, 2023, and 2022, were as follows (in thousands):

	Year Ended December 31,
	2024		2023		2022
United States	$	4,705,379	$	4,095,476	$	4,125,563
United Kingdom		158,810		152,125		192,985
Canada		40,536		40,034		29,268
Other		65,595		61,309		43,623
	$	4,970,320	$	4,348,944	$	4,391,439