Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2021

Schedule Of Operating Information, Segment

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2021			2020			2021			2020
Net revenues: ⁽¹⁾
Global Wealth Management	$	655,533		$	526,836		$	1,924,595		$	1,615,574
Institutional Group		492,284			363,365			1,519,176			1,093,699
Other		(2,879	)		(6,901	)		(10,908	)		(17,122	)
	$	1,144,938		$	883,300		$	3,432,863		$	2,692,151
Income/(loss) before income taxes:
Global Wealth Management	$	232,119		$	178,930		$	682,655		$	529,422
Institutional Group		125,092			76,841			383,774			201,630
Other		(100,709	)		(97,378	)		(318,010	)		(314,593	)
	$	256,502		$	158,393		$	748,419		$	416,459

⁽¹⁾	No individual client accounted for more than 10 percent of total net revenues for the three and nine months ended September 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 September 30, 2021 and December 31, 2020 (in thousands):

	September 30, 2021		December 31, 2020
Global Wealth Management	$	25,152,551	$	21,743,202
Institutional Group		5,161,215		3,733,661
Other		506,568		1,127,391
	$	30,820,334	$	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 nine months ended September 30, 2021 and 2020, were as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
United States	$	1,067,901	$	814,301	$	3,142,337	$	2,485,336
United Kingdom		57,413		45,705		177,138		147,097
Canada		9,523		10,713		76,535		24,338
Other		10,101		12,581		36,853		35,380
	$	1,144,938	$	883,300	$	3,432,863	$	2,692,151