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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2018
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 three months ended March 31, 2018 and 2017. 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 Three Months Ended March 31,
 
2018
 
2017
Revenue
 
 
 
Private client (1)
$
154,094

 
$
137,389

Asset management (1)
17,644

 
18,666

Capital markets
61,529

 
55,903

Corporate/Other
1,263

 
1,303

Total
$
234,530

 
$
213,261

Income (loss) before income taxes
 
 
 
Private client (1)
$
40,162

 
$
28,762

Asset management (1)
3,718

 
3,711

Capital markets
(6,057
)
 
(12,614
)
Corporate/Other
(28,198
)
 
(26,884
)
Total
$
9,625

 
$
(7,025
)
(1)
Clients investing in the OAM advisory program are charged fees based on the value of AUM. Advisory fees are allocated 10.0% to the Asset Management and 90.0% 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 months ended March 31, 2018 and 2017 was as follows:
(Expressed in thousands)
 
 
 
 
 For the Three Months Ended March 31,
 
2018
 
2017
Americas
$
225,612

 
$
203,663

Europe/Middle East
7,523

 
8,460

Asia
1,395

 
1,138

Total
$
234,530

 
$
213,261