Revenue

6 Months Ended

Jun. 26, 2020

Revenue From Contract With Customer [Abstract]

Revenue

NOTE 5 – REVENUE

As of June 26, 2020 and December 31, 2019, $479 and $470, respectively, of the receivable from clients balance and $267 and $291, respectively, of the receivable from mutual funds, insurance companies and other balance related to revenue contracts with customers.  

The Partnership derived 13% and 14% of its total revenue for the three and six month periods ended June 26, 2020, respectively, and 14% of its total revenue for both of the three and six month periods ended June 28, 2019 from one mutual fund company.  The revenue generated from this company relates to business conducted with the Partnership's U.S. segment.

The following table shows the Partnership's disaggregated revenue information. See Note 10 for segment information.

	Three Months Ended June 26, 2020						Three Months Ended June 28, 2019
	U.S.		Canada		Total		U.S.		Canada		Total
Fee revenue:
Asset-based fee revenue:
Advisory programs fees	$	1,238	$	20	$	1,258	$	1,161	$	17	$	1,178
Service fees		304		19		323		308		22		330
Other asset-based fees		137		—		137		157		—		157
Total asset-based fee revenue		1,679		39		1,718		1,626		39		1,665
Account and activity fee revenue:
Shareholder accounting services    fees		104		—		104		107		—		107
Other account and activity fee    revenue		53		3		56		55		3		58
Total account and activity fee    revenue		157		3		160		162		3		165
Total fee revenue		1,836		42		1,878		1,788		42		1,830
Trade revenue:
Commissions		364		14		378		360		13		373
Principal transactions		16		1		17		27		1		28
Total trade revenue		380		15		395		387		14		401
Total revenue from customers		2,216		57		2,273		2,175		56		2,231
Net interest and dividends and other   revenue		45		7		52		81		7		88
Net revenue	$	2,261	$	64	$	2,325	$	2,256	$	63	$	2,319
	Six Months Ended June 26, 2020						Six Months Ended June 28, 2019
	U.S.		Canada		Total		U.S.		Canada		Total
Fee revenue:
Asset-based fee revenue:
Advisory programs fees	$	2,519	$	39	$	2,558	$	2,242	$	32	$	2,274
Service fees		620		43		663		600		43		643
Other asset-based fees		303		—		303		307		—		307
Total asset-based fee revenue		3,442		82		3,524		3,149		75		3,224
Account and activity fee revenue:
Shareholder accounting services    fees		213		—		213		214		—		214
Other account and activity fee    revenue		112		6		118		117		6		123
Total account and activity fee    revenue		325		6		331		331		6		337
Total fee revenue		3,767		88		3,855		3,480		81		3,561
Trade revenue:
Commissions		828		27		855		682		24		706
Principal transactions		31		2		33		61		2		63
Total trade revenue		859		29		888		743		26		769
Total revenue from customers		4,626		117		4,743		4,223		107		4,330
Net interest and dividends and other   revenue		58		15		73		168		11		179
Net revenue	$	4,684	$	132	$	4,816	$	4,391	$	118	$	4,509