Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2017

Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the three and nine months ended September 30, 2017 and 2016 is as follows (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Net revenues: ⁽¹⁾
Global Wealth Management	$	453,558		$	390,032		$	1,348,280		$	1,155,875
Institutional Group		264,747			258,800			778,367			760,996
Other		2,864			(6,846	)		(4,300	)		(2,766	)
	$	721,169		$	641,986		$	2,122,347		$	1,914,105
Income/(loss) before income taxes:
Global Wealth Management	$	161,756		$	109,079		$	457,045		$	307,466
Institutional Group		51,717			44,923			144,481			116,628
Other		(105,334	)		(126,020	)		(331,170	)		(336,406	)
	$	108,139		$	27,982		$	270,356		$	87,688

⁽¹⁾	No individual client accounted for more than 10 percent of total net revenues for the three and nine months ended September 30, 2017 or 2016.

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, 2017 and December 31, 2016 (in thousands):

	September 30, 2017		December 31, 2016
Global Wealth Management	$	17,619,527	$	16,065,503
Institutional Group		2,484,337		2,657,183
Other		380,216		406,670
	$	20,484,080	$	19,129,356

Schedule Of Net Revenues Earned On Major Geographical Areas

Revenues, classified by the major geographic areas in which they are earned for the three and nine months ended September 30, 2017 and 2016, were as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
United States	$	681,337	$	602,422	$	2,020,598	$	1,796,143
United Kingdom		38,103		37,139		95,393		110,731
Other European		1,729		2,425		6,356		7,231
	$	721,169	$	641,986	$	2,122,347	$	1,914,105