Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2016

Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the three months ended March 31, 2016 and 2015 is as follows (in thousands):

	Three Months Ended March 31,
	2016			2015
Net revenues: ⁽¹⁾
Global Wealth Management	$	379,805		$	329,410
Institutional Group		241,276			238,607
Other		(1,107	)		(7,035	)
	$	619,974		$	560,982
Income/(loss) before income taxes:
Global Wealth Management	$	93,335		$	98,847
Institutional Group		29,194			32,331
Other		(78,616	)		(61,112	)
	$	43,913		$	70,066

¹	No individual client accounted for more than 10 percent of total net revenues for the three months ended March 31, 2016 or 2015.

Schedule Of Information Of Total Assets On Segment Basis

The following table presents our company’s total assets on a segment basis at March 31, 2016 and December 31, 2015 (in thousands):

	March 31, 2016		December 31, 2015
Global Wealth Management	$	11,219,573	$	10,519,575
Institutional Group		2,339,760		2,193,781
Other		654,395		612,695
	$	14,213,728	$	13,326,051

Schedule Of Net Revenues Earned On Major Geographical Areas

Revenues, classified by the major geographic areas in which they are earned for the three months ended March 31, 2016 and 2015, were as follows (in thousands):

	Three Months Ended March 31,
	2016		2015
United States	$	581,737	$	522,616
United Kingdom		35,748		35,286
Other European		2,489		3,080
	$	619,974	$	560,982