Segment Information (Tables)

9 Months Ended

Sep. 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 nine months ended September 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 September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Revenue
Private client *	$	142,606		$	144,316		$	435,770		$	430,963
Asset management *	24,801			21,488			74,443			64,450
Capital markets	71,226			68,460			221,324			201,495
Commercial mortgage banking	6,349			9,314			18,179			26,857
Corporate/Other	(303		)	(202		)	(180		)	2,587
Total	$	244,679		$	243,376		$	749,536		$	726,352
Income (loss) before income taxes
Private client *	$	18,898		$	15,088		$	36,766		$	48,113
Asset management *	8,264			6,387			24,300			20,332
Capital markets	5,699			4,301			23,965			8,806
Commercial mortgage banking	1,815			2,823			7,269			7,977
Corporate/Other	(23,780		)	(20,436		)	(76,159		)	(64,678		)
Total	$	10,896		$	8,163		$	16,141		$	20,550

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

Revenue Classified by Major Geographic Areas

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

(Expressed in thousands)
	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
United States	$	233,846	$	231,777	$	710,198	$	693,251
Europe/Middle East	9,106		9,210		32,983		26,930
Asia	1,256		1,309		5,024		2,843
South America	471		1,080		1,331		3,328
Total	$	244,679	$	243,376	$	749,536	$	726,352