Segment Information

6 Months Ended

Jun. 30, 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 June 30,	2017		2016		2017		2016		2017		2016
Net Revenues:
Asset management and administration fees	$	582	$	514	$	263	$	243	$	845	$	757
Net interest revenue	795		628		258		170		1,053		798
Trading revenue	98		129		59		72		157		201
Other	55		51		20		19		75		70
Provision for loan losses	—		2		—		—		—		2
Total net revenues	1,530		1,324		600		504		2,130		1,828
Expenses Excluding Interest	914		834		307		274		1,221		1,108
Income before taxes on income	$	616	$	490	$	293	$	230	$	909	$	720

	Investor Services				Advisor Services				Total
Six Months Ended June 30,	2017		2016		2017		2016		2017		2016
Net Revenues:
Asset management and administration fees	$	1,148	$	986	$	520	$	470	$	1,668	$	1,456
Net interest revenue	1,548		1,241		505		329		2,053		1,570
Trading revenue	217		272		132		161		349		433
Other	105		97		36		36		141		133
Provision for loan losses	—		—		—		—		—		—
Total net revenues	3,018		2,596		1,193		996		4,211		3,592
Expenses Excluding Interest	1,844		1,671		615		546		2,459		2,217
Income before taxes on income	$	1,174	$	925	$	578	$	450	$	1,752	$	1,375