Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2019

Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the three and nine months ended September 30, 2019 and 2018 is as follows (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Net revenues: ⁽¹⁾
Global Wealth Management	$	534,571		$	498,161		$	1,577,614		$	1,481,063
Institutional Group		290,222			245,952			822,110			768,855
Other		(3,221	)		(5,771	)		(6,945	)		(18,486	)
	$	821,572		$	738,342		$	2,392,779		$	2,231,432
Income/(loss) before income taxes:
Global Wealth Management	$	202,823		$	183,377		$	589,665		$	548,043
Institutional Group		48,623			34,305			120,129			114,899
Other		(100,692	)		(77,152	)		(273,249	)		(284,511	)
	$	150,754		$	140,530		$	436,545		$	378,431

⁽¹⁾	No individual client accounted for more than 10 percent of total net revenues for the three and nine months ended September 30, 2019 or 2018.

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, 2019 and December 31, 2018 (in thousands):

	September 30, 2019		December 31, 2018
Global Wealth Management	$	20,153,135	$	21,040,224
Institutional Group		3,730,332		3,238,617
Other		277,310		240,757
	$	24,160,777	$	24,519,598

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, 2019 and 2018, were as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
United States	$	775,356	$	703,746	$	2,271,056	$	2,113,039
United Kingdom		43,632		32,623		113,783		109,482
Other		2,584		1,973		7,940		8,911
	$	821,572	$	738,342	$	2,392,779	$	2,231,432