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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 553,598 $ 596,291
Cash segregated under regulatory requirements 13,201 257,115
Securities owned 40,838 58,572
Marketable securities 406 349
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 782,446 304,022
Accrued commissions and other receivables, net 296,423 739,009
Loans, forgivable loans and other receivables from employees and partners, net 286,967 408,142
Fixed assets, net 190,112 216,024
Investments 33,039 38,008
Goodwill 486,919 556,211
Other intangible assets, net 207,747 287,157
Receivables from related parties 5,237 11,915
Other assets 445,233 480,427
Total assets 3,342,166 3,953,242
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 3,584 3,849
Accrued compensation 214,379 220,726
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 656,278 179,721
Payables to related parties 53,764 36,921
Accounts payable, accrued and other liabilities 679,254 1,364,119
Notes payable and other borrowings 1,052,831 1,315,935
Total liabilities 2,660,090 3,121,271
Commitments, contingencies and guarantees (Note 22)
Redeemable partnership interest 18,761 20,674
Stockholders’ equity:    
Additional paid-in capital 2,451,135 2,375,113
Treasury stock, at cost: 118,921 and 50,527 shares of Class A common stock at December 31, 2021 and December 31, 2020, respectively (623,734) (315,313)
Retained deficit (1,171,919) (1,280,828)
Accumulated other comprehensive income (loss) (40,548) (28,930)
Total stockholders’ equity 619,752 754,236
Noncontrolling interest in subsidiaries 43,563 57,061
Total equity 663,315 811,297
Total liabilities, redeemable partnership interest, and equity 3,342,166 3,953,242
Class A Common Stock    
Stockholders’ equity:    
Common stock value 4,359 3,735
Class B Common Stock    
Stockholders’ equity:    
Common stock value $ 459 $ 459