Segment Information (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 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 June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
Revenue
Private client (1)	$	161,928		$	156,553		$	325,455		$	310,647
Asset management (1)	18,622			17,706			35,208			35,350
Capital markets	71,819			68,206			142,780			129,735
Corporate/Other	(1,434		)	91			(738		)	1,354
Total	$	250,935		$	242,556		$	502,705		$	477,086
Income (loss) before income taxes
Private client (1)	$	43,416		$	33,513		$	86,250		$	73,675
Asset management (1)	5,318			3,958			7,560			7,676
Capital markets	(1,801		)	(199		)	(4,448		)	(6,256		)
Corporate/Other	(29,542		)	(24,755		)	(55,919		)	(52,957		)
Total	$	17,391		$	12,517		$	33,443		$	22,138

(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 and six months ended June 30, 2019 and 2018 was as follows:

(Expressed in thousands)
	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2019		2018		2019		2018
Americas	$	242,464	$	234,471	$	485,863	$	460,083
Europe/Middle East	7,666		7,222		15,335		14,745
Asia	805		863		1,507		2,258
Total	$	250,935	$	242,556	$	502,705	$	477,086