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Segment information (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Reported Revenue and Profit Before Income Taxes
(Expressed in thousands)   
 
For the Years Ended December 31, 2025
 Wealth Management Capital MarketsCorporate/OtherTotal
Revenue$1,035,403 $591,315 $11,353 $1,638,071 
Less :
Compensation expenses539,694 360,276 116,536 1,016,506 
Other segment items (1)
203,644 174,872 31,858 410,374 
Pre-tax income (loss)$292,065 $56,167 $(137,041)$211,191 
(1) Other segment items include communication and technology expenses, occupancy and equipment costs, clearing and exchange fees, interest and other expenses

(Expressed in thousands)   
 
For the Years Ended December 31, 2024
 Wealth Management Capital MarketsCorporate/OtherTotal
Revenue$972,052 $447,579 $12,865 $1,432,496 
Less :
Compensation expenses514,227 323,612 98,974 936,813 
Other segment items (1)
192,086 163,563 34,277 389,926 
Pre-tax income (loss)$265,739 $(39,596)$(120,386)$105,757 
(1) Other segment items include communication and technology expenses, occupancy and equipment costs, clearing and exchange fees, interest and other expenses

(Expressed in thousands)   
 
For the Years Ended December 31, 2023
 Wealth Management Capital MarketsCorporate/OtherTotal
Revenue$890,187 $345,897 $12,741 $1,248,825 
Less :
Compensation expenses424,031 269,330 89,035 782,396 
Other segment items (1)
247,621 139,528 32,510 419,659 
Pre-tax income (loss)$218,535 $(62,961)$(108,804)$46,770 
(1) Other segment items include communication and technology expenses, occupancy and equipment costs, clearing and exchange fees, interest and other expenses
Schedule of Revenue Classified by Major Geographic Areas
Revenue, classified by the major geographic areas in which it was earned for the years ended December 31, 2025, 2024 and 2023 was as follows:
(Expressed in thousands)   
 For the Years Ended December 31,
 202520242023
Americas$1,572,329 $1,376,254 $1,199,558 
Europe/Middle East63,149 52,513 46,490 
Asia2,593 3,729 2,777 
Total$1,638,071 $1,432,496 $1,248,825