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Segment Operating Results - Segment Expense Footnotes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Occupancy and Equipment Rental $ 108,784 $ 90,953 $ 84,329
Professional Fees 103,044 96,205 73,741
Travel and Related Expenses 95,612 79,446 64,527
Technology and Information Services 146,222 120,995 106,663
Depreciation and Amortization 32,557 24,468 24,348
Execution, Clearing and Custody Fees 12,499 13,211 12,275
Acquisition and Transition Costs 9,858 0 0
Other Operating Expenses 56,468 46,060 41,135
Non-Compensation 565,044 471,338 407,018
Revision of Prior Period, Reclassification, Adjustment      
Segment Reporting Information [Line Items]      
Professional Fees   (39,521) (35,060)
Technology and Information Services   39,521 35,060
Investment Banking & Equities      
Segment Reporting Information [Line Items]      
Occupancy and Equipment Rental 106,309 88,604 82,180
Professional Fees 98,531 91,861 69,953
Travel and Related Expenses 94,515 78,519 63,798
Technology and Information Services 141,413 117,091 103,083
Depreciation and Amortization 32,098 24,141 23,943
Execution, Clearing and Custody Fees 10,654 11,487 10,724
Acquisition and Transition Costs 9,858 0 0
Other Operating Expenses 54,926 44,554 39,627
Non-Compensation 548,304 456,257 393,308
Investment Banking & Equities | Revision of Prior Period, Reclassification, Adjustment      
Segment Reporting Information [Line Items]      
Professional Fees   (38,536) (34,146)
Technology and Information Services   38,536 34,146
Investment Management      
Segment Reporting Information [Line Items]      
Occupancy and Equipment Rental 2,475 2,349 2,149
Professional Fees 4,513 4,344 3,788
Travel and Related Expenses 1,097 927 729
Technology and Information Services 4,809 3,904 3,580
Depreciation and Amortization 459 327 405
Execution, Clearing and Custody Fees 1,845 1,724 1,551
Other Operating Expenses 1,542 1,506 1,508
Non-Compensation $ 16,740 15,081 13,710
Investment Management | Revision of Prior Period, Reclassification, Adjustment      
Segment Reporting Information [Line Items]      
Professional Fees   (985) (914)
Technology and Information Services   $ 985 $ 914