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INCENTIVE PLANS (Tables)
 3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Impact of Share-Based Incentive Plans on Compensation and Benefits Expense
The following reflects the expense recorded with respect to share-based incentive plans within “compensation and benefits” expense (with respect to RSUs, PRSUs, RSAs and PIPRs) and “professional services” expense (with respect to DSUs) within the Company’s accompanying condensed consolidated statements of operations for the three month periods ended March 31, 2024 and 2023:
Three Months Ended
March 31,
20242023
Share-based incentive awards:
RSUs$57,100 $43,576 
PRSUs405 789 
RSAs3,903 6,926 
PIPRs8,673 19,062 
DSUs117 181 
Total$70,198 $70,534 
Schedule of LFI and Other Similar Deferred Compensation Arrangements
The following is a summary of activity relating to LFI and other similar deferred compensation arrangements during the three month period ended March 31, 2024:
Prepaid
Compensation
Asset		Compensation
Liability
Balance, January 1, 2024$115,972 $365,420 
Granted39,318 39,318 
Settled– (133,152)
Amortization and the impact of forfeitures(33,031)2,668 
Change in fair value of underlying investments– 9,373 
Other(24)(1,479)
Balance, March 31, 2024$122,235 $282,148 
The following is a summary of the impact of LFI and other similar deferred compensation arrangements on “compensation and benefits” expense within the accompanying condensed consolidated statements of operations for the three month periods ended March 31, 2024 and 2023:
Three Months Ended
March 31,
20242023
Amortization and the impact of forfeitures$35,699 $34,528 
Change in the fair value of underlying investments9,373 16,453 
Total$45,072 $50,981 
RSUs, PRSUs and DSUs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Activity Relating to Share-based Awards
The following is a summary of activity relating to RSUs, PRSUs and DSUs during the three month period ended March 31, 2024:
RSUsPRSUsDSUs
UnitsWeighted
Average
Grant Date
Fair Value		UnitsWeighted
Average
Grant Date
Fair Value		UnitsWeighted
Average
Grant Date
Fair Value
Balance, January 1, 202411,068,351$36.15 125,465$41.07 328,730$36.74 
Granted (including 230,377 RSUs relating to dividend participation)
8,012,750$38.75 –$– 3,146$37.22 
Forfeited(40,438)$37.53 –$– –$– 
Settled(3,028,697)$38.45 (63,169)$46.63 –$– 
Balance, March 31, 202416,011,966$37.01 62,296$35.44 331,876$36.74 
RSAs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Activity Relating to Share-based Awards
The following is a summary of activity related to RSAs associated with compensation arrangements during the three month period ended March 31, 2024:
RSAsWeighted
Average
Grant Date
Fair Value
Balance, January 1, 20241,235,946$36.10 
Granted (including 16,268 relating to dividend participation)
16,268$36.13 
Forfeited(4,376)$37.77 
Settled(411,988)$37.40 
Balance, March 31, 2024835,850$35.45 
PIPRs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Activity Relating to Share-based Awards
The following is a summary of activity relating to all PIPRs during the three month period ended March 31, 2024:
Ordinary PIPRs (a)P-PIPRsSP-PIPRs
UnitsWeighted
Average
Grant Date
Fair Value		UnitsWeighted
Average
Grant Date
Fair Value		UnitsWeighted
Average
Grant Date
Fair Value
Balance, January 1, 20242,640,769$36.19 1,958,829$41.12 2,250,000$15.06 
Granted1,368,964$38.26 –$– –$– 
Forfeited–$– –$– –$– 
Settled(601,433)$43.23 (995,169)$46.63 –$– 
Balance, March 31, 20243,408,300$35.78 963,660$35.44 2,250,000$15.06 
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(a)Includes PIPR awards with only service-based vesting conditions.