Segment Information (Tables)

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Reported Revenue and Profit Before Income Taxes

The table below presents information about the reported revenue and net income (loss) before taxes of the Company for the years ended December 31, 2014, 2013 and 2012. 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)
	For the Year Ended December 31,
	2014			2013			2012
Revenue
Private client (1)	$	582,364		$	600,071		$	550,797
Asset management (1)	99,964			102,214			84,160
Capital markets	298,597			281,377			283,139
Commercial mortgage banking	23,329			34,144			35,682
Corporate/Other	210			1,908			(1,166		)
Total	$	1,004,464		$	1,019,714		$	952,612
Income (loss) before income taxes
Private client (1)	$	60,116		$	65,924		$	53,487
Asset management (1)	33,707			40,951			25,436
Capital markets	17,819			6,968			(15,324		)
Commercial mortgage banking	8,546			11,413			15,267
Corporate/Other	(94,452		)	(81,347		)	(79,393		)
Total	$	25,736		$	43,909		$	(527	)

(1)  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 years ended December 31, 2014, 2013 and 2012 was as follows:

(Expressed in thousands)
	Year Ended December,
	2014		2013		2012
Americas	$	955,361	$	978,249	$	916,568
Europe/Middle East	43,087		36,516		34,913
Asia	6,016		4,949		1,131
Total	$	1,004,464	$	1,019,714	$	952,612