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Segment information (Tables)

12 Months Ended

Dec. 31, 2023

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 years ended December 31, 2023, 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 Years Ended December 31,
			2023						2022						2021
Revenue
Private client (1)			$	801,754					$	675,680					$	665,060
Asset management (1)			88,433						99,242						104,598
Capital markets			345,897						337,821						625,704
Corporate/Other			12,741						(1,802)						(1,327)
Total			$	1,248,825					$	1,110,941					$	1,394,035
Pre-Tax Income (Loss)
Private client (1)			$	194,444					$	142,250					$	101,146
Asset management (1)			24,091						35,753						35,874
Capital markets			(62,961)						(25,696)						204,090
Corporate/Other			(108,804)						(106,753)						(116,469)
Total			$	46,770					$	45,554					$	224,641

(1) Clients investing in the OAM advisory program are charged fees based on the value of AUM. Advisory fees

were 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 years ended December 31, 2023, 2022 and 2021 was as follows:

(Expressed in thousands)
			For the Years Ended December 31,
			2023						2022						2021
Americas			$	1,199,558					$	1,058,188					$	1,336,628
Europe/Middle East			46,490						47,080						51,698
Asia			2,777						5,673						5,709
Total			$	1,248,825					$	1,110,941					$	1,394,035

X

- 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

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-Name Accounting Standards Codification
-Topic 280
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-Section 50
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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.

+ References

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