Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

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, 2015, 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)
	For the Year Ended December 31,
	2015			2014			2013
Revenue
Private client (1)	$	521,526		$	582,364		$	600,071
Asset management (1)	97,121			99,964			102,214
Capital markets	279,589			298,597			281,377
Commercial mortgage banking	30,584			23,329			34,144
Corporate/Other	(435		)	210			1,908
Total	$	928,385		$	1,004,464		$	1,019,714
Income (loss) before income tax provision (benefit)
Private client (1)	$	59,016		$	60,116		$	65,924
Asset management (1)	33,133			33,707			40,951
Capital markets	5,167			17,819			6,968
Commercial mortgage banking	9,139			8,546			11,413
Corporate/Other	(99,744		)	(94,452		)	(81,347		)
Total	$	6,711		$	25,736		$	43,909

(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, 2015, 2014 and 2013 was as follows:

(Expressed in thousands)
	Year Ended December 31,
	2015		2014		2013
Americas	$	883,805	$	955,361	$	978,249
Europe/Middle East	40,603		43,087		36,516
Asia	3,977		6,016		4,949
Total	$	928,385	$	1,004,464	$	1,019,714