XML 46 R37.htm IDEA: XBRL DOCUMENT v3.22.2.2
Segment information (Tables)
9 Months Ended
Sep. 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 nine months ended September 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
September 30,
For the Nine Months Ended
September 30,
 2022202120222021
Revenue
Private client (1)
$178,614 $160,864 $473,932 $491,750 
Asset management (1)
24,870 26,894 76,302 76,668 
Capital markets90,947 128,585 247,272 460,129 
Corporate/Other(320)(1,001)(145)370 
Total$294,111 $315,342 $797,361 $1,028,917 
Pre-Tax Income (Loss)
Private client (1)
$29,973 $37,426 $92,919 $83,362 
Asset management (1)
8,322 9,412 25,916 25,603 
Capital markets2,401 17,888 (14,368)107,252 
Corporate/Other(33,458)(27,332)(89,185)(83,528)
Total$7,238 $37,394 $15,282 $132,689 
(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 nine months ended September 30, 2022 and 2021 was:
(Expressed in thousands)  
 For the Three Months Ended
September 30,
For the Nine Months Ended
September 30,
 2022202120222021
Americas$279,043 $304,726 $756,453 $987,918 
Europe/Middle East13,975 9,051 36,426 36,962 
Asia1,093 1,565 4,482 4,037 
Total$294,111 $315,342 $797,361 $1,028,917