Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2020

Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the three and six months ended June 30, 2020 and 2019 is as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Net revenues: ⁽¹⁾
Global Wealth Management	$	505,782		$	532,433		$	1,088,738		$	1,043,043
Institutional Group		398,096			270,602			730,334			531,888
Other		(8,061	)		(2,248	)		(10,221	)		(3,724	)
	$	895,817		$	800,787		$	1,808,851		$	1,571,207
Income/(loss) before income taxes:
Global Wealth Management	$	156,325		$	192,352		$	350,492		$	386,842
Institutional Group		83,049			39,302			124,789			71,506
Other		(96,414	)		(83,672	)		(217,215	)		(172,557	)
	$	142,960		$	147,982		$	258,066		$	285,791

⁽¹⁾	No individual client accounted for more than 10 percent of total net revenues for the three and six months ended June 30, 2020 or 2019.

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, 2020 and December 31, 2019 (in thousands):

	June 30, 2020		December 31, 2019
Global Wealth Management	$	21,731,803	$	20,675,580
Institutional Group		3,629,353		3,668,723
Other		263,069		265,922
	$	25,624,225	$	24,610,225

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 six months ended June 30, 2020 and 2019, were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
United States	$	810,903	$	754,470	$	1,671,035	$	1,495,700
United Kingdom		63,654		43,761		101,392		70,151
Other		21,260		2,556		36,424		5,356
	$	895,817	$	800,787	$	1,808,851	$	1,571,207