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v3.22.2.2

Segment information (Tables) | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Schedule of Reported Revenue and Profit Before Income Taxes | The table below presents information about the reported revenue and pre-tax income (loss) of the Company for the three and nine months ended September 30, 2022 and 2021. Asset information by reportable segment is not reported since the Company does not produce such information for internal use by the chief operating decision maker.
(Expressed in thousands) |  |  |  |  |  |  |
| For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Revenue |  |  |  |  |  |  |
Private client (1) | $ | 178,614 |  |  | $ | 160,864 |  |  | $ | 473,932 |  |  | $ | 491,750 |
Asset management (1) | 24,870 |  |  | 26,894 |  |  | 76,302 |  |  | 76,668 |
Capital markets | 90,947 |  |  | 128,585 |  |  | 247,272 |  |  | 460,129 |
Corporate/Other | (320) |  |  | (1,001) |  |  | (145) |  |  | 370 |
Total | $ | 294,111 |  |  | $ | 315,342 |  |  | $ | 797,361 |  |  | $ | 1,028,917 |
Pre-Tax Income (Loss) |  |  |  |  |  |  |
Private client (1) | $ | 29,973 |  |  | $ | 37,426 |  |  | $ | 92,919 |  |  | $ | 83,362 |
Asset management (1) | 8,322 |  |  | 9,412 |  |  | 25,916 |  |  | 25,603 |
Capital markets | 2,401 |  |  | 17,888 |  |  | (14,368) |  |  | 107,252 |
Corporate/Other | (33,458) |  |  | (27,332) |  |  | (89,185) |  |  | (83,528) |
Total | $ | 7,238 |  |  | $ | 37,394 |  |  | $ | 15,282 |  |  | $ | 132,689 |
(1)Clients investing in the OAM advisory program are charged fees based on the value of AUM. Advisory fees are allocated 10.0% to the Asset Management and 90.0% to the Private Client segments.
Schedule of Revenue Classified by Major Geographic Areas | Revenue, classified by the major geographic areas in which it was earned, for the three and nine months ended September 30, 2022 and 2021 was:
(Expressed in thousands) |  |  |  |  |  |  |
| For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Americas | $ | 279,043 |  |  | $ | 304,726 |  |  | $ | 756,453 |  |  | $ | 987,918 |
Europe/Middle East | 13,975 |  |  | 9,051 |  |  | 36,426 |  |  | 36,962 |
Asia | 1,093 |  |  | 1,565 |  |  | 4,482 |  |  | 4,037 |
Total | $ | 294,111 |  |  | $ | 315,342 |  |  | $ | 797,361 |  |  | $ | 1,028,917 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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