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Segment Information (Tables)
 12 Months Ended
Dec. 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 from continuing operations of the Company for the years ended December 31, 2019, 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 Years Ended December 31,
 
2019
 
2018
 
2017
Revenue
 
 
 
 
 
Private client (1)
$
653,409

 
$
617,871

 
$
592,753

Asset management (1)
88,755

 
71,696

 
89,896

Capital markets
290,830

 
272,719

 
231,632

Corporate/Other
385

 
(4,132
)
 
6,057

Total
$
1,033,379

 
$
958,154

 
$
920,338

Income (loss) before income taxes
 
 
 
 
 
Private client (1)
$
163,917

 
$
149,097

 
$
128,840

Asset management (1)
31,606

 
18,590

 
26,685

Capital markets
(13,724
)
 
(13,416
)
 
(39,978
)
Corporate/Other
(106,887
)
 
(109,402
)
 
(95,995
)
Total
$
74,912

 
$
44,869

 
$
19,552

(1) Clients investing in the OAM advisory program are charged fees based on the value of AUM. Advisory
fees were 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 years ended December 31, 2019, 2018 and 2017 was as follows:
(Expressed in thousands)
 
 
 
 
 
 
For the Years Ended December 31,
 
2019
 
2018
 
2017
Americas
$
998,344

 
$
925,127

 
$
880,602

Europe/Middle East
31,599

 
29,292

 
36,364

Asia
3,436

 
3,735

 
3,372

Total
$
1,033,379

 
$
958,154

 
$
920,338