Revenue

9 Months Ended

Sep. 25, 2020

Revenue From Contract With Customer [Abstract]

Revenue

NOTE 5 – REVENUE

As of September 25, 2020 and December 31, 2019, $512 and $470, respectively, of the receivable from clients balance and $277 and $291, respectively, of the receivable from mutual funds, insurance companies and other balance related to revenue contracts with customers.  

The Partnership derived 13% of its total revenue for both of the three and nine month periods ended September 25, 2020 and 14% of its total revenue for both of the three and nine month periods ended September 27, 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 September 25, 2020						Three Months Ended September 27, 2019
	U.S.		Canada		Total		U.S.		Canada		Total
Fee revenue:
Asset-based fee revenue:
Advisory programs fees	$	1,409	$	22	$	1,431	$	1,221	$	19	$	1,240
Service fees		330		23		353		315		22		337
Other asset-based fees		142		—		142		161		—		161
Total asset-based fee revenue		1,881		45		1,926		1,697		41		1,738
Account and activity fee revenue:
Shareholder accounting services    fees		106		—		106		109		—		109
Other account and activity fee    revenue		54		3		57		55		3		58
Total account and activity fee    revenue		160		3		163		164		3		167
Total fee revenue		2,041		48		2,089		1,861		44		1,905
Trade revenue:
Commissions		376		10		386		360		11		371
Principal transactions		12		—		12		19		1		20
Total trade revenue		388		10		398		379		12		391
Total revenue from customers		2,429		58		2,487		2,240		56		2,296
Net interest and dividends and other   revenue		40		—		40		66		5		71
Net revenue	$	2,469	$	58	$	2,527	$	2,306	$	61	$	2,367
	Nine Months Ended September 25, 2020						Nine Months Ended September 27, 2019
	U.S.		Canada		Total		U.S.		Canada		Total
Fee revenue:
Asset-based fee revenue:
Advisory programs fees	$	3,928	$	61	$	3,989	$	3,463	$	51	$	3,514
Service fees		950		66		1,016		915		65		980
Other asset-based fees		445		—		445		468		—		468
Total asset-based fee revenue		5,323		127		5,450		4,846		116		4,962
Account and activity fee revenue:
Shareholder accounting services    fees		319		—		319		323		—		323
Other account and activity fee    revenue		166		9		175		172		9		181
Total account and activity fee    revenue		485		9		494		495		9		504
Total fee revenue		5,808		136		5,944		5,341		125		5,466
Trade revenue:
Commissions		1,204		37		1,241		1,042		35		1,077
Principal transactions		43		2		45		80		3		83
Total trade revenue		1,247		39		1,286		1,122		38		1,160
Total revenue from customers		7,055		175		7,230		6,463		163		6,626
Net interest and dividends and other   revenue		98		15		113		234		16		250
Net revenue	$	7,153	$	190	$	7,343	$	6,697	$	179	$	6,876