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Related Party Transactions (Details) - USD ($)
12 Months Ended
Dec. 17, 2021
Dec. 31, 2021
Dec. 31, 2020
Related Party Transaction [Line Items]      
Investment advisory fees   $ 199,334,000 $ 138,619,000
Loan write-off period   7 years  
Cash savings generated by this election will be distributed to selling and converting shareholders upon realization (in hundredth)   85.00%  
Tax receivable payments made   $ 2,476,000 2,881,000 [1]
Employees      
Related Party Transaction [Line Items]      
Loans to employees   3,600,000 2,600,000
Pzena Mutual Funds      
Related Party Transaction [Line Items]      
Investment advisory fees waived   1,300,000 1,300,000
Company's Executive Officers and Other Employees      
Related Party Transaction [Line Items]      
Investment advisory fees waived   1,200,000 800,000
Director      
Related Party Transaction [Line Items]      
Tax receivable payments made   400,000 500,000
Revolving Line of Credit Agreement      
Related Party Transaction [Line Items]      
Line of credit $ 15,000,000    
Line of credit facility, term 5 years    
Line of credit facility maturity date Dec. 17, 2026    
Borrowings   9,990,000  
Revolving Line of Credit Agreement | Secured Overnight Financing Rate      
Related Party Transaction [Line Items]      
Line of credit facility interest rate during period 1.10%    
VIEs That are Not Consolidated      
Related Party Transaction [Line Items]      
Investment advisory fees   $ 1,200,000 $ 800,000
[1] Net consolidation (Deconsolidation) of Sponsored Investment Funds have been reclassified to conform to the current year presentation.