Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2020

Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the years ended December 31, 2020, 2019, and 2018, is as follows (in thousands):

	Year Ended December 31,
	2020			2019			2018
Net revenues: ⁽¹⁾
Global Wealth Management	$	2,190,826		$	2,130,559		$	1,990,319
Institutional Group		1,583,147			1,214,017			1,055,495
Other		(21,912	)		(7,546	)		(20,933	)
	$	3,752,061		$	3,337,030		$	3,024,881
Income/(loss) before income taxes:
Global Wealth Management	$	725,884		$	785,960		$	737,003
Institutional Group		325,285			175,670			157,051
Other		(400,009	)		(362,492	)		(359,692	)
	$	651,160		$	599,138		$	534,362

⁽¹⁾	No individual client accounted for more than 10 percent of total net revenues for the years ended December 31, 2020, 2019, and 2018.

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, 2020 and 2019 (in thousands):

	December 31,
	2020		2019
Global Wealth Management	$	21,743,202	$	20,675,580
Institutional Group		3,733,661		3,668,723
Other		1,127,391		265,922
	$	26,604,254	$	24,610,225

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, 2020, 2019, and 2018, were as follows (in thousands):

	Year Ended December 31,
	2020		2019		2018
United States	$	3,460,930	$	3,154,285	$	2,855,955
United Kingdom		197,859		163,552		156,557
Other		93,272		19,193		12,369
	$	3,752,061	$	3,337,030	$	3,024,881