U.S.

Canada

Total

2024

2023

2022

2024

2023

2022

2024

2023

2022

Net revenue

$

15,561

$

13,409

$

11,902

$

443

$

389

$

367

$

16,004

$

13,798

$

12,269

FA compensation

6,035

5,069

4,665

173

149

148

6,208

5,218

4,813

Home office operating
   expense

3,019

2,927

2,312

98

94

76

3,117

3,021

2,388

Branch office operating
   expense

2,195

2,046

1,868

67

63

61

2,262

2,109

1,929

Variable compensation

2,386

1,798

1,694

50

40

41

2,436

1,838

1,735

Operating expenses

13,635

11,840

10,539

388

346

326

14,023

12,186

10,865

Income before allocations

$

1,926

$

1,569

$

1,363

$

55

$

43

$

41

$

1,981

$

1,612

$

1,404

Income before allocations
   margin

12.2

%

11.5

%

11.3

%

12.3

%

11.0

%

11.0

%

12.2

%

11.4

%

11.3

%

Net interest and dividends
    revenue

$

906

$

841

$

354

$

45

$

44

$

18

$

951

$

885

$

372

Depreciation and
    amortization

$

608

$

552

$

483

$

16

$

15

$

16

$

624

$

567

$

499

Total assets

$

27,837

$

26,926

$

28,761

$

1,127

$

1,077

$

1,131

$

28,964

$

28,003

$

29,892