CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and Cash Equivalents	$ 383,180	$ 336,782
Prepaid Expenses	29,739	27,004
Other Current Assets	5,900	8,264
Total Current Assets	720,729	651,031
Long-Term Assets
Goodwill	807,156	800,417
Intangible Assets, net	409,449	409,157
Property and Equipment, net	30,711	35,743
Right-of-Use Assets, net	99,265	92,860
Other Long-Term Assets	34,534	31,271
Total Long-Term Assets	1,381,115	1,369,448
Total Assets	2,101,844	2,020,479
Current Liabilities
Accounts Payable and Accrued Expenses	88,290	73,901
Accrued Compensation and Benefits	158,392	149,760
Lease Liabilities	16,283	18,394
Other Current Liabilities	24,378	15,358
Total Current Liabilities	287,343	257,413
Long-Term Liabilities
Long-Term Debt	347,843	347,581
Long-Term Deferred Tax Liability, net	186,292	180,410
Long-Term Lease Liabilities	93,816	86,809
Other Long-Term Liabilities	32,453	40,753
Total Long-Term Liabilities	660,404	655,553
Total Liabilities	947,747	912,966
Commitments and Contingencies (Note (21))
TEMPORARY EQUITY
Redeemable Noncontrolling Interests in Subsidiaries	25,845	61,821
Federated Hermes, Inc. Shareholders’ Equity
Additional Paid-in Capital from Treasury Stock Transactions	2	0
Retained Earnings	1,194,561	1,015,589
Treasury Stock, at Cost, 14,664,467 and 10,229,521 Shares Class B Common Stock, respectively	(521,403)	(365,363)
Accumulated Other Comprehensive Income (Loss), net of tax	(19,911)	(45,676)
Total Permanent Equity	1,128,252	1,045,692
Total Liabilities, Temporary Equity and Permanent Equity	2,101,844	2,020,479
Investments—Consolidated Investment Companies
Current Assets
Investments	70,543	108,448
Affiliates
Current Assets
Investments	106,952	76,524
Receivables	48,694	35,941
Receivables, net of reserve of $21 and $21, respectively
Current Assets
Receivables	75,721	58,068
Class A
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	$ 189	$ 189
Common stock, shares issued (in shares)	9,000	9,000
Class B
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	$ 474,814	$ 440,953
Common stock, shares issued (in shares)	99,505,456	99,505,456