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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Reported Revenue and Profit Before Income Taxes
The table below presents information about the reported revenue and income (loss) before income taxes from continuing operations of the Company for the years ended December 31, 2016, 2015 and 2014. 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,
 
2016
 
2015
 
2014
Revenue
 
 
 
 
 
Private client (1)
$
504,192

 
$
521,526

 
$
582,364

Asset management (1)
92,852

 
97,121

 
99,964

Capital markets
254,933

 
279,589

 
298,597

Corporate/Other
5,802

 
(435
)
 
210

Total
$
857,779

 
$
897,801

 
$
981,135

Income (loss) before income taxes
 
 
 
 
 
Private client (1)
$
66,072

 
$
59,016

 
$
60,116

Asset management (1)
31,412

 
33,133

 
33,707

Capital markets
(17,713
)
 
5,167

 
17,819

Corporate/Other
(101,663
)
 
(99,744
)
 
(94,452
)
Total
$
(21,892
)
 
$
(2,428
)
 
$
17,190

(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, 2016, 2015 and 2014 was as follows:
(Expressed in thousands)
 
 
 
 
 
 
Year Ended December 31,
 
2016
 
2015
 
2014
Americas
$
815,231

 
$
853,221

 
$
932,032

Europe/Middle East
39,048

 
40,603

 
43,087

Asia
3,500

 
3,977

 
6,016

Total
$
857,779

 
$
897,801

 
$
981,135