Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Reported Revenue and Profit Before Income Taxes

The table below presents information about the reported revenue and pre-tax income (loss) of the Company for the years ended December 31, 2020, 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 Years Ended December 31,
	2020		2019		2018
Revenue
Private client (1)	$	642,083	$	653,409	$	617,871
Asset management (1)	130,274		88,755		71,696
Capital markets	426,752		290,830		272,719
Corporate/Other	(442)		385		(4,132)
Total	$	1,198,667	$	1,033,379	$	958,154
Pre-Tax Income (Loss)
Private client (1)	$	122,844	$	163,917	$	149,097
Asset management (1)	71,625		31,606		18,590
Capital markets	83,442		(13,724)		(13,416)
Corporate/Other	(108,911)		(106,887)		(109,402)
Total	$	169,000	$	74,912	$	44,869

(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, 2020, 2019 and 2018 was as follows:


(Expressed in thousands)
	For the Years Ended December 31,
	2020		2019		2018
Americas	$	1,146,759	$	998,344	$	925,127
Europe/Middle East	45,767		31,599		29,292
Asia	6,141		3,436		3,735
Total	$	1,198,667	$	1,033,379	$	958,154