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Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule Of Financial Information About Business Segments

The following tables highlight certain financial information about each of the business segments for the three months ended June 30, 2024 and 2023:

			Private Banks						Investment Advisors						Institutional Investors						Investment Managers						Investments In New Businesses						Total
			For the Three Months Ended June 30, 2024
Revenues			$	132,401					$	120,587					$	71,507					$	179,868					$	14,623					$	518,986
Expenses			111,890						68,953						38,426						111,287						18,580						349,136
Operating profit (loss)			$	20,511					$	51,634					$	33,081					$	68,581					$	(3,957)					$	169,850

			Private Banks						Investment Advisors						Institutional Investors						Investment Managers						Investments In New Businesses						Total
			For the Three Months Ended June 30, 2023
Revenues			$	132,414					$	109,580					$	75,145					$	159,204					$	12,714					$	489,057
Expenses			114,165						64,178						45,516						103,213						17,015						344,087
Operating profit (loss)			$	18,249					$	45,402					$	29,629					$	55,991					$	(4,301)					$	144,970

The following tables highlight certain financial information about each of business segment for the six months ended June 30, 2024 and 2023:

			Private Banks						Investment Advisors						Institutional Investors						Investment Managers						Investments In New Businesses						Total
			For the Six Months Ended June 30, 2024
Revenues			$	262,538					$	243,305					$	143,285					$	352,521					$	28,916					$	1,030,565
Expenses			224,864						135,911						78,535						220,837						36,963						697,110
Operating profit (loss)			$	37,674					$	107,394					$	64,750					$	131,684					$	(8,047)					$	333,455

			Private Banks						Investment Advisors						Institutional Investors						Investment Managers						Investments In New Businesses						Total
			For the Six Months Ended June 30, 2023
Revenues			$	253,316					$	216,118					$	149,435					$	313,701					$	25,606					$	958,176
Expenses			226,627						127,724						86,384						204,898						34,654						680,287
Operating profit (loss)			$	26,689					$	88,394					$	63,051					$	108,803					$	(9,048)					$	277,889

Schedule of Reconciliation of Total Operating Profit Reported for Business Segments to Income from Operations in Consolidated Statements of Operations

A reconciliation of the total operating profit reported for the business segments to income from operations in the Consolidated Statements of Operations for the three months ended June 30, 2024 and 2023 is as follows:

			2024						2023
Total operating profit from segments			$	169,850					$	144,970
Corporate overhead expenses			(33,336)						(32,369)
Income from operations			$	136,514					$	112,601

A reconciliation of the total operating profit reported for the business segments to income from operations in the Consolidated Statements of Operations for the six months ended June 30, 2024 and 2023:

			2024						2023
Total operating profit from segments			$	333,455					$	277,889
Corporate overhead expenses			(71,090)						(63,521)
Income from operations			$	262,365					$	214,368

Schedule of Additional Information Pertaining to Business Segments

The following tables provide additional information for the three months ended June 30, 2024 and 2023 pertaining to the business segments:

			Capital Expenditures (1)												Depreciation
			2024						2023						2024						2023
Private Banks			$	4,586					$	8,001					$	2,832					$	5,450
Investment Advisors			1,987						3,615						2,190						549
Institutional Investors			730						457						598						303
Investment Managers			6,389						2,592						1,636						2,049
Investments in New Businesses			173						202						170						224
Total from business segments			$	13,865					$	14,867					$	7,426					$	8,575
Corporate overhead			265						362						941						206
			$	14,130					$	15,229					$	8,367					$	8,781

(1) Capital expenditures include additions to property and equipment and capitalized software.

			Amortization
			2024						2023
Private Banks			$	5,089					$	4,718
Investment Advisors			2,148						1,945
Institutional Investors			1,876						1,829
Investment Managers			81						181
Investments in New Businesses			1,183						892
Total from business segments			$	10,377					$	9,565
Corporate overhead			108						65
			$	10,485					$	9,630

The following tables provide additional information for the six months ended June 30, 2024 and 2023:

			Capital Expenditures (2)												Depreciation
			2024						2023						2024						2023
Private Banks			$	11,018					$	17,072					$	5,736					$	10,804
Investment Advisors			5,152						7,954						4,371						1,017
Institutional Investors			1,849						1,105						1,202						585
Investment Managers			14,064						7,158						3,215						4,041
Investments in New Businesses			589						584						342						455
Total from business segments			$	32,672					$	33,873					$	14,866					$	16,902
Corporate Overhead			807						977						1,890						410
			$	33,479					$	34,850					$	16,756					$	17,312

(2) Capital expenditures include additions to property and equipment and capitalized software.

			Amortization
			2024						2023
Private Banks			$	10,200					$	9,364
Investment Advisors			4,270						3,763
Institutional Investors			3,768						3,653
Investment Managers			81						358
Investments in New Businesses			2,365						1,787
Total from business segments			$	20,684					$	18,925
Corporate Overhead			187						129
			$	20,871					$	19,054

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of reconciliation of other items from reportable segments to their consolidated amount. Excludes reconciliation of revenue, profit (loss), and assets.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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