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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 484,989 $ 553,598
Cash segregated under regulatory requirements 17,021 13,201
Financial instruments owned, at fair value 39,319 41,244
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 559,680 782,446
Accrued commissions and other receivables, net 288,471 296,423
Loans, forgivable loans and other receivables from employees and partners, net 319,612 286,967
Fixed assets, net 183,478 190,112
Investments 38,575 33,039
Goodwill 486,585 486,919
Other intangible assets, net 192,783 207,747
Receivables from related parties 1,444 5,237
Other assets 463,014 445,233
Total assets 3,074,971 3,342,166
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 1,917 3,584
Accrued compensation 176,781 214,379
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 404,675 656,278
Payables to related parties 10,550 53,764
Accounts payable, accrued and other liabilities 683,104 679,254
Notes payable and other borrowings 1,049,217 1,052,831
Total liabilities 2,326,244 2,660,090
Commitments, contingencies and guarantees (Note 22)
Redeemable partnership interest 15,519 18,761
Stockholders’ equity:    
Additional paid-in capital 2,559,418 2,451,135
Treasury stock, at cost: 146,076 and 118,921 shares of Class A common stock at December 31, 2022 and December 31, 2021, respectively (711,454) (623,734)
Retained deficit (1,138,066) (1,171,919)
Accumulated other comprehensive income (loss) (45,431) (40,548)
Total stockholders’ equity 669,645 619,752
Noncontrolling interest in subsidiaries 63,563 43,563
Total equity 733,208 663,315
Total liabilities, redeemable partnership interest, and equity 3,074,971 3,342,166
Class A Common Stock    
Stockholders’ equity:    
Common stock value 4,719 4,359
Class B Common Stock    
Stockholders’ equity:    
Common stock value $ 459 $ 459