Segment Information (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Reported Revenue and Profit Before Income Taxes

The table below presents information about the reported revenue and net income before taxes of the Company for the three and six months ended June 30, 2014 and 2013. Asset information by reportable segment is not reported, since the Company does not produce such information for internal use by the chief operating decision maker.

(Expressed in thousands)
	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Revenue
Private client *	$	145,344		$	143,278		$	293,164		$	286,647
Asset management *	25,032			22,006			49,642			42,962
Capital markets	72,217			67,904			150,098			133,035
Commercial mortgage banking	6,958			9,477			11,830			17,543
Corporate/Other	138			1,165			123			2,789
Total	$	249,689		$	243,830		$	504,857		$	482,976
Income (loss) before income taxes
Private client *	$	7,560		$	15,698		$	17,868		$	33,025
Asset management *	8,353			7,402			16,036			13,945
Capital markets	7,082			972			18,266			4,505
Commercial mortgage banking	3,605			2,276			5,454			5,154
Corporate/Other	(26,464		)	(20,674		)	(52,379		)	(44,242		)
Total	$	136		$	5,674		$	5,245		$	12,387

*    Asset management fees are allocated 22.5% to the Asset Management and 77.5% to the Private Client Divisions.

Revenue Classified by Major Geographic Areas

Revenue, classified by the major geographic areas in which it was earned for the three and six months ended June 30, 2014 and 2013, was as follows:

(Expressed in thousands)
	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
United States	$	236,440	$	232,781	$	476,352	$	461,474
Europe/Middle East	10,040		9,317		23,877		17,720
Asia	2,765		709		3,768		1,534
South America	444		1,023		860		2,248
Total	$	249,689	$	243,830	$	504,857	$	482,976