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INCENTIVE PLANS (Tables)
 3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Impact of Share-Based Incentive Plans on Compensation and Benefits Expense
The following reflects the expense with respect to share-based incentive plans, which is primarily recorded within “compensation and benefits” expense in the Company’s accompanying condensed consolidated statements of operations for the three month periods ended March 31, 2025 and 2024:
Three Months Ended
March 31,
20252024
Share-based incentive awards:
RSUs$68,832 $61,120 
PRSUs(44)405 
PIPRs8,380 8,673 
Total$77,168 $70,198 
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, 2025:
Prepaid
Compensation
Asset		Compensation
Liability
Balance, January 1, 2025$52,055 $270,847 
Granted40,478 40,478 
Settled– (142,906)
Amortization and the impact of forfeitures(21,291)(2,810)
Change in fair value of underlying investments– 5,243 
Other8 857 
Balance, March 31, 2025$71,250 $171,709 
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, 2025 and 2024:
Three Months Ended
March 31,
20252024
Amortization and the impact of forfeitures$18,481 $35,699 
Change in the fair value of underlying investments5,243 9,373 
Total$23,724 $45,072 
RSUs and PRSUs  
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 and PRSUs during the three month period ended March 31, 2025:
RSUsPRSUs
UnitsWeighted
Average
Grant Date
Fair Value		UnitsWeighted
Average
Grant Date
Fair Value
Balance, January 1, 202516,212,004 $37.07 62,296 $35.44 
Granted (including 212,342 RSUs relating to dividend participation)
6,198,780 $53.87 – $– 
Forfeited(469,607)$42.95 – $– 
PRSUs performance units earned (a)48,342 $21.92 
Settled(4,169,262)$34.51 (110,638)$29.53 
Balance, March 31, 202517,771,915 $43.37 –
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(a)Represents PRSUs earned during the three month period ended March 31, 2025 under the performance conditions of previously-granted PRSU awards in excess of the target payout levels of such awards.
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, 2025:
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, 20253,331,563 $35.77 963,660 $35.44 2,250,000$15.06 
Granted1,444,345 $44.93 – $– –$– 
Forfeited(212,968)$36.41 – $– –$– 
Performance units earned (b)747,800 $21.92  
Settled(478,646)$32.95 (1,711,460)$29.53 –$– 
Balance, March 31, 20254,084,294$39.31 –2,250,000$15.06 
__________________________

(a)Includes PIPR awards with only service-based vesting conditions.
(b)Represents P-PIPRs earned during the three month period ended March 31, 2025 under the performance conditions of previously-granted P-PIPR awards in excess of the target payout levels of such awards.