Segment information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of 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 and six months ended June 30, 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 June 30,				For the Six Months Ended June 30,
	2022		2021		2022		2021
Revenue
Private client (1)	$	144,471	$	166,863	$	295,318	$	330,886
Asset management (1)	24,315		25,544		51,432		49,774
Capital markets	71,274		147,945		156,325		331,544
Corporate/Other	(2,838)		(59)		175		1,371
Total	$	237,222	$	340,293	$	503,250	$	713,575
Pre-Tax Income (Loss)
Private client (1)	$	38,800	$	21,673	$	62,946	$	45,936
Asset management (1)	8,120		8,638		17,594		16,191
Capital markets	(17,935)		39,373		(16,769)		89,364
Corporate/Other	(35,154)		(26,516)		(55,727)		(56,196)
Total	$	(6,169)	$	43,168	$	8,044	$	95,295

(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.

Schedule of 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, 2022 and 2021 was:

(Expressed in thousands)
	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2022		2021		2022		2021
Americas	$	225,500	$	326,485	$	477,410	$	683,192
Europe/Middle East	10,474		12,501		22,451		27,911
Asia	1,248		1,307		3,389		2,472
Total	$	237,222	$	340,293	$	503,250	$	713,575