Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

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 of the Company for the three months ended March 31, 2019 and 2018. 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,
	2019			2018
Revenue
Private client (1)	$	163,527		$	154,094
Asset management (1)	16,586			17,644
Capital markets	70,961			61,529
Corporate/Other	696			1,263
Total	$	251,770		$	234,530
Income (loss) before income taxes
Private client (1)	$	42,834		$	40,162
Asset management (1)	2,242			3,718
Capital markets	(2,647		)	(6,057		)
Corporate/Other	(26,377		)	(28,202		)
Total	$	16,052		$	9,621

(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, 2019 and 2018 was as follows:

(Expressed in thousands)
	For the Three Months Ended March 31,
	2019		2018
Americas	$	243,399	$	225,612
Europe/Middle East	7,669		7,523
Asia	702		1,395
Total	$	251,770	$	234,530