Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2019

Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the years ended December 31, 2019, 2018, and 2017, is as follows (in thousands):

	Year Ended December 31,
	2019			2018			2017
Net revenues: ⁽¹⁾
Global Wealth Management	$	2,130,559		$	1,990,319		$	1,822,218
Institutional Group		1,214,017			1,055,495			1,110,768
Other		(7,546	)		(20,933	)		(6,554	)
	$	3,337,030		$	3,024,881		$	2,926,432
Income/(loss) before income taxes:
Global Wealth Management	$	785,960		$	737,003		$	626,906
Institutional Group		175,670			157,051			217,981
Other		(362,492	)		(359,692	)		(575,351	)
	$	599,138		$	534,362		$	269,536

⁽¹⁾	No individual client accounted for more than 10 percent of total net revenues for the years ended December 31, 2019, 2018, and 2017.

Schedule Of Information Of Total Assets On Segment Basis

The following table presents our company’s total assets on a segment basis at December 31, 2019 and 2018 (in thousands):

	December 31,
	2019		2018
Global Wealth Management	$	20,675,580	$	21,040,224
Institutional Group		3,668,723		3,238,617
Other		265,922		240,757
	$	24,610,225	$	24,519,598

Schedule Of Net Revenues Earned On Major Geographical Areas

Revenues, classified by the major geographic areas in which they were earned for the years ended December 31, 2019, 2018, and 2017, were as follows (in thousands):

	Year Ended December 31,
	2019		2018		2017
United States	$	3,154,285	$	2,855,955	$	2,783,175
United Kingdom		163,552		156,557		129,288
Other		19,193		12,369		13,969
	$	3,337,030	$	3,024,881	$	2,926,432