CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current Assets
Cash and Cash Equivalents	$ 504,441	$ 383,180
Prepaid Expenses	29,294	29,739
Other Current Assets	4,796	5,900
Total Current Assets	781,352	720,729
Long-Term Assets
Goodwill	804,818	807,156
Intangible Assets, net	327,881	409,449
Property and Equipment, net	25,565	30,711
Right-of-Use Assets, net	104,710	99,265
Other Long-Term Assets	40,358	34,534
Total Long-Term Assets	1,303,332	1,381,115
Total Assets	2,084,684	2,101,844
Current Liabilities
Accounts Payable and Accrued Expenses	100,012	88,290
Accrued Compensation and Benefits	157,068	158,392
Lease Liabilities	16,695	16,283
Other Current Liabilities	15,418	24,378
Total Current Liabilities	289,193	287,343
Long-Term Liabilities
Long-Term Debt	348,106	347,843
Long-Term Deferred Tax Liability, net	170,957	186,292
Long-Term Lease Liabilities	97,166	93,816
Other Long-Term Liabilities	28,542	32,453
Total Long-Term Liabilities	644,771	660,404
Total Liabilities	933,964	947,747
Commitments and Contingencies (Note (20))
TEMPORARY EQUITY
Redeemable Noncontrolling Interests in Subsidiaries	55,514	25,845
Federated Hermes, Inc. Shareholders’ Equity
Additional Paid-in Capital from Treasury Stock Transactions	0	2
Retained Earnings	1,256,603	1,194,561
Treasury Stock, at Cost, 17,745,777 and 14,664,467 Shares Class B Common Stock, respectively	(632,838)	(521,403)
Accumulated Other Comprehensive Income (Loss), net of tax	(32,083)	(19,911)
Total Permanent Equity	1,095,206	1,128,252
Total Liabilities, Temporary Equity and Permanent Equity	2,084,684	2,101,844
Investments—Consolidated Investment Companies
Current Assets
Investments	82,441	70,543
Affiliates
Current Assets
Investments	54,160	106,952
Receivables	36,317	48,694
Receivables, net of reserve of $21 and $21, respectively
Current Assets
Receivables	69,903	75,721
Class A
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	189	189
Class B
Federated Hermes, Inc. Shareholders’ Equity
Common Stock	$ 503,335	$ 474,814