Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2020

Schedule Of Operating Information, Segment

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
Net revenues: ⁽¹⁾
Global Wealth Management	$	526,836		$	534,571		$	1,615,574		$	1,577,614
Institutional Group		363,365			290,222			1,093,699			822,110
Other		(6,901	)		(3,221	)		(17,122	)		(6,945	)
	$	883,300		$	821,572		$	2,692,151		$	2,392,779
Income/(loss) before income taxes:
Global Wealth Management	$	178,930		$	202,823		$	529,422		$	589,665
Institutional Group		76,841			48,623			201,630			120,129
Other		(97,378	)		(100,692	)		(314,593	)		(273,249	)
	$	158,393		$	150,754		$	416,459		$	436,545

⁽¹⁾	No individual client accounted for more than 10 percent of total net revenues for the three and nine months ended September 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 September 30, 2020 and December 31, 2019 (in thousands):

	September 30, 2020		December 31, 2019
Global Wealth Management	$	20,784,329	$	20,675,580
Institutional Group		3,806,220		3,668,723
Other		958,633		265,922
	$	25,549,182	$	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 nine months ended September 30, 2020 and 2019, were as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
United States	$	814,301	$	775,356	$	2,485,336	$	2,271,056
United Kingdom		45,705		43,632		147,097		113,783
Other		23,294		2,584		59,718		7,940
	$	883,300	$	821,572	$	2,692,151	$	2,392,779