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Segment information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
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 three months ended March 31, 2022 and 2021. 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,
 20222021
Revenue
Private client (1)
$150,847 $164,023 
Asset management (1)
27,117 24,230 
Capital markets85,051 183,599 
Corporate/Other3,013 1,430 
Total$266,028 $373,282 
Pre-Tax Income (Loss)
Private client (1)
$24,146 $24,263 
Asset management (1)
9,474 7,553 
Capital markets1,166 49,991 
Corporate/Other(20,573)(29,680)
Total$14,213 $52,127 
(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, 2022 and 2021 was:
(Expressed in thousands)
 For the Three Months Ended
March 31,
 20222021
Americas$251,910 $356,707 
Europe/Middle East11,977 15,410 
Asia2,141 1,165 
Total$266,028 $373,282