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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2023
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, 2023 and 2022 is as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net revenues: (1)

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

758,190

 

 

$

697,980

 

 

$

1,515,376

 

 

$

1,379,705

 

Institutional Group

 

 

276,244

 

 

 

411,364

 

 

 

608,857

 

 

 

842,727

 

Other

 

 

16,287

 

 

 

(1,218

)

 

 

33,281

 

 

 

2,221

 

 

 

$

1,050,721

 

 

$

1,108,126

 

 

$

2,157,514

 

 

$

2,224,653

 

Income/(loss) before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

299,904

 

 

$

245,152

 

 

$

616,013

 

 

$

470,565

 

Institutional Group

 

 

(12,895

)

 

 

72,992

 

 

 

20,825

 

 

 

169,620

 

Other

 

 

(105,624

)

 

 

(99,603

)

 

 

(245,570

)

 

 

(194,535

)

 

 

$

181,385

 

 

$

218,541

 

 

$

391,268

 

 

$

445,650

 

(1)
No individual client accounted for more than 10 percent of total net revenues for the three and six months ended June 30, 2023 and 2022.
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, 2023 and December 31, 2022 (in thousands):

 

 

June 30, 2023

 

 

December 31,
2022

 

Global Wealth Management

 

$

32,054,497

 

 

$

32,449,466

 

Institutional Group

 

 

4,633,147

 

 

 

4,285,212

 

Other

 

 

610,595

 

 

 

461,446

 

 

 

$

37,298,239

 

 

$

37,196,124

 

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, 2023 and 2022, were as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

United States

 

$

965,997

 

 

$

1,042,369

 

 

$

2,004,892

 

 

$

2,097,471

 

United Kingdom

 

 

53,563

 

 

 

49,992

 

 

 

86,760

 

 

 

93,856

 

Canada

 

 

6,853

 

 

 

5,933

 

 

 

28,831

 

 

 

13,384

 

Other

 

 

24,308

 

 

 

9,832

 

 

 

37,031

 

 

 

19,942

 

 

 

$

1,050,721

 

 

$

1,108,126

 

 

$

2,157,514

 

 

$

2,224,653