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REVENUES FROM CONTRACTS WITH CUSTOMERS (Tables)
12 Months Ended
Dec. 31, 2024
REVENUES FROM CONTRACTS WITH CUSTOMERS  
Schedule of revenues from contracts with customers disaggregated by product category and timing of transfer

The following table presents total revenues from contracts with customers disaggregated by investment product for the years ended December 31 (in thousands):

    

For the years ended December 31,

Revenue From Contracts With Customers

2024

    

2023

Variable annuities and other insurance commissions

$

100,434

$

102,218

Mutual fund commissions

 

21,134

 

19,022

Securities commissions

 

11,788

 

10,810

Alternative investments

 

6,096

 

6,141

Advisory fees

 

24,939

 

21,668

Total Revenue From Contracts With Customers

$

164,391

$

159,859

The following tables presents sales-based and trailing revenues disaggregated by product category for the years ended December 31 (in thousands):

Sales-based (Point in time)

    

2024

    

2023

Variable annuities and other insurance commissions

$

40,852

$

52,209

Mutual fund commissions

 

4,204

 

5,422

Securities commissions

 

11,788

 

10,810

Alternative investments

 

5,983

 

6,084

Total Sales Based Revenues

$

62,827

$

74,525

Trailing (Over time)

    

2024

    

2023

Variable annuities and other insurance commissions

$

59,582

$

50,009

Mutual fund commissions

 

16,930

 

13,600

Advisory fees

 

24,939

 

21,668

Alternative investments

 

113

 

57

Total Trailing Revenues

 

101,564

 

85,334

Total Revenue From Contracts With Customers

$

164,391

$

159,859