Segment Information

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company’s two reportable segments are Investor Services and Advisor Services. The Company structures its operating segments according to its clients and the services provided to those clients. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services. The Advisor Services segment provides custodial, trading, banking, and support services as well as retirement business services. Revenues and expenses are allocated to the Company’s two segments based on which segment services the client.

Management evaluates the performance of its segments on a pre-tax basis. Segment assets and liabilities are not used for evaluating segment performance or in deciding how to allocate resources to segments. There are no revenues from transactions between the segments.

Financial information for the Company’s reportable segments is presented in the following table:

	Investor Services					Advisor Services				Total
Three Months Ended March 31,	2017		2016			2017		2016		2017		2016
Net Revenues:
Asset management and administration fees	$	566	$	472		$	257	$	227	$	823	$	699
Net interest revenue	753		613			247		159		1,000		772
Trading revenue	119		143			73		89		192		232
Other	50		46			16		17		66		63
Provision for loan losses	—		(2		)	—		—		—		(2		)
Total net revenues	1,488		1,272			593		492		2,081		1,764
Expenses Excluding Interest	930		836			308		273		1,238		1,109
Income before taxes on income	$	558	$	436		$	285	$	219	$	843	$	655