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Segment information (Tables)

3 Months Ended

Mar. 31, 2024

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 months ended March 31, 2024 and 2023. 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 March 31,
			2024						2023
Revenue
Private client (1)			$	213,033					$	203,421
Asset management (1)			24,928						23,959
Capital markets			112,083						90,282
Corporate/Other			3,094						4,017
Total			$	353,138					$	321,679
Pre-Tax Income (Loss)
Private client (1)			$	68,151					$	54,456
Asset management (1)			7,634						6,481
Capital markets			(6,702)						(15,477)
Corporate/Other			(31,628)						(26,411)
Total			$	37,455					$	19,049

(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 months ended March 31, 2024 and 2023 was:

(Expressed in thousands)
			For the Three Months Ended March 31,
			2024						2023
Americas			$	341,417					$	309,789
Europe/Middle East			10,774						10,860
Asia			947						1,030
Total			$	353,138					$	321,679

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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- 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

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