Segment information (Tables)

6 Months Ended

Jun. 30, 2023

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 months ended June 30, 2023 and 2022. 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,
	2023		2022		2023		2022
Revenue
Private client (1)	$	201,245	$	144,471	$	404,666	$	295,318
Asset management (1)	22,198		24,315		46,157		51,432
Capital markets	79,582		71,274		169,864		156,325
Corporate/Other	3,164		(2,838)		7,181		175
Total	$	306,189	$	237,222	$	627,868	$	503,250
Pre-Tax Income (Loss)
Private client (1)	$	20,794	$	38,800	$	75,250	$	62,946
Asset management (1)	6,533		8,120		13,014		17,594
Capital markets	(14,051)		(17,935)		(29,528)		(16,769)
Corporate/Other	(24,975)		(35,154)		(51,386)		(55,727)
Total	$	(11,699)	$	(6,169)	$	7,350	$	8,044

(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, 2023 and 2022 was:

(Expressed in thousands)
	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2023		2022		2023		2022
Americas	$	295,496	$	225,500	$	605,285	$	477,410
Europe/Middle East	10,108		10,474		20,968		22,451
Asia	585		1,248		1,615		3,389
Total	$	306,189	$	237,222	$	627,868	$	503,250