Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2021

Schedule Of Operating Information, Segment

Information concerning operations in these segments of business for the three and six months ended June 30, 2021 and 2020 is as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2021			2020			2021			2020
Net revenues: ⁽¹⁾
Global Wealth Management	$	637,567		$	505,782		$	1,269,062		$	1,088,738
Institutional Group		520,811			398,096			1,026,892			730,334
Other		(5,242	)		(8,061	)		(8,029	)		(10,221	)
	$	1,153,136		$	895,817		$	2,287,925		$	1,808,851
Income/(loss) before income taxes:
Global Wealth Management	$	227,305		$	156,325		$	450,536		$	350,492
Institutional Group		141,494			83,049			258,682			124,789
Other		(104,774	)		(96,414	)		(217,301	)		(217,215	)
	$	264,025		$	142,960		$	491,917		$	258,066

⁽¹⁾	No individual client accounted for more than 10 percent of total net revenues for the three and six months ended June 30, 2021 or 2020.

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, 2021 and December 31, 2020 (in thousands):

	June 30, 2021		December 31, 2020
Global Wealth Management	$	24,504,877	$	21,743,202
Institutional Group		4,654,018		3,733,661
Other		585,869		1,127,391
	$	29,744,764	$	26,604,254

Schedule Of Net Revenues Earned On Major Geographical Areas

Revenues, classified by the major geographic areas in which they are earned for the three and six months ended June 30, 2021 and 2020, were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
United States	$	1,058,541	$	810,903	$	2,074,436	$	1,671,035
United Kingdom		58,507		63,654		119,725		101,392
Canada		24,656		10,082		67,012		13,625
Other		11,432		11,178		26,752		22,799
	$	1,153,136	$	895,817	$	2,287,925	$	1,808,851