Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Operating Information, Segment

Information concerning operations in these segments of business for the three and six months ended June 30, 2022 and 2021 is as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Net revenues: (1)
Global Wealth Management	$	697,980		$	637,567		$	1,379,705		$	1,269,062
Institutional Group		411,364			520,811			842,727			1,026,892
Other		(1,218	)		(5,242	)		2,221			(8,029	)
	$	1,108,126		$	1,153,136		$	2,224,653		$	2,287,925
Income/(loss) before income taxes:
Global Wealth Management	$	245,152		$	227,305		$	470,565		$	450,536
Institutional Group		72,992			141,494			169,620			258,682
Other		(99,603	)		(104,774	)		(194,535	)		(217,301	)
	$	218,541		$	264,025		$	445,650		$	491,917

(1)No individual client accounted for more than 10 percent of total net revenues for the three and six months ended June 30, 2022 and 2021.

Schedule of Information of Total Assets on Segment Basis

The following table presents our company’s total assets on a segment basis at June 30, 2022 and December 31, 2021 (in thousands):

	June 30, 2022		December 31, 2021
Global Wealth Management	$	31,251,497	$	28,219,800
Institutional Group		4,724,955		5,151,841
Other		499,989		678,074
	$	36,476,441	$	34,049,715

Schedule of Net Revenues Earned on Major Geographical Areas

Revenues, classified by the major geographic areas in which they were earned for the three and six months ended June 30, 2022 and 2021, were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
United States	$	1,042,369	$	1,058,541	$	2,097,471	$	2,074,436
United Kingdom		49,992		58,507		93,856		119,725
Canada		5,933		24,656		13,384		67,012
Other		9,832		11,432		19,942		26,752
	$	1,108,126	$	1,153,136	$	2,224,653	$	2,287,925