Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2017

Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the three months ended March 31, 2017 and 2016 is as follows (in thousands):

	Three Months Ended March 31,
	2017			2016
Net revenues: ⁽¹⁾
Global Wealth Management	$	442,732		$	379,805
Institutional Group		237,467			241,276
Other		(4,668	)		(1,107	)
	$	675,531		$	619,974
Income/(loss) before income taxes:
Global Wealth Management	$	142,052		$	93,335
Institutional Group		39,872			29,194
Other		(102,905	)		(78,616	)
	$	79,019		$	43,913

⁽¹⁾	No individual client accounted for more than 10 percent of total net revenues for the three months ended March 31, 2017 or 2016.

Schedule Of Information Of Total Assets On Segment Basis

The following table presents our company’s total assets on a segment basis at March 31, 2017 and December 31, 2016 (in thousands):

	March, 31, 2017		December 31, 2016
Global Wealth Management	$	16,312,565	$	16,065,503
Institutional Group		2,448,583		2,657,183
Other		374,744		406,670
	$	19,135,892	$	19,129,356

Schedule Of Net Revenues Earned On Major Geographical Areas

Revenues, classified by the major geographic areas in which they are earned for the three months ended March 31, 2017 and 2016, were as follows (in thousands):

	Three Months Ended March 31,
	2017		2016
United States	$	648,331	$	581,737
United Kingdom		24,519		35,748
Other European		2,681		2,489
	$	675,531	$	619,974