Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Operating activities:
Net income	$ 115,850	$ 113,866
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,736	3,577
Change in deferred income taxes	4,121	7,839
Change in payable to related parties pursuant to tax receivable agreement	(884)	(934)
Equity-based compensation	5,963	3,982
Equity in (income) loss of investees	(20,117)	8,143
Net realized loss (gain) on sale of investments	288	(9,783)
Fair value adjustment of other investments	445	(5,352)
Proceeds received from partnerships	12,998	8,503
Non-cash lease expense	3,999	2,903
Other	231	40
Changes in operating assets and liabilities:
Fees receivable	(14,660)	4,373
Prepaid expenses	3,283	1,338
Due from related parties	(636)	(5,608)
Other assets	3,732	944
Accounts payable	(1,017)	(885)
Accrued compensation and benefits	22,961	44,093
Lease liability	(4,096)	(3,682)
Other liabilities	1,629	(14,209)
Consolidated variable interest entities related:
Net unrealized gain on investment	445	(5,352)
Net cash provided by operating activities	135,569	155,854
Investing activities:
Purchase of furniture, fixtures and equipment	(6,276)	(2,490)
Cash paid for acquisition of business	0	(1,500)
Loans to investees	0	(535)
Purchase of investments	(6,352)	(27,236)
Proceeds from sale of investments	1,343	10,000
Distributions from investments	0	1,406
Proceeds from sale of intangible assets	1,739	0
Distributions received from Partnerships	6,001	9,240
Contributions to Partnerships	(23,632)	(49,553)
Net cash used in investing activities	(85,009)	(60,668)
Financing activities:
Borrowings of debt	0	25,000
Repayments of debt	(1,250)	(2,164)
Draw-down on revolver	10,000	25,000
Repayment of revolver	(25,000)	(25,000)
Repurchase of Class A shares for employee tax withholding	(108)	(93)
Proceeds received from issuance of shares under Employee Share Purchase Plan	1,082	1,001
Dividends paid	(31,829)	(27,747)
Members’ distributions paid	(28,599)	(42,072)
Consolidated variable interest entities related:
Net cash provided by (used in) financing activities	67,663	(46,029)
Increase in cash and cash equivalents, restricted cash, and cash and cash equivalents held at consolidated variable interest entities	118,223	49,157
Cash and cash equivalents, restricted cash, and cash and cash equivalents held at consolidated variable interest entities at beginning of the period	116,552	76,197
Cash and cash equivalents, restricted cash, and cash and cash equivalents held at consolidated variable interest entities at end of the period	234,775	125,354
Reconciliation of Cash and Cash Equivalents, Restricted Cash and Cash and Cash Equivalents Held at Consolidated Variable Interest Entities to the Condensed Consolidated Balance Sheets:
Total cash and cash equivalents, restricted cash, and cash and cash equivalents held at consolidated variable interest entities	234,775	125,354
Consolidated VIEs
Adjustments to reconcile net income to net cash provided by operating activities:
Fair value adjustment of other investments	(1,406)	0
Consolidated variable interest entities related:
Change in warrant liability measured at fair value	0	(2,246)
Net unrealized gain on investment	(1,406)	0
Equity in income of investees	(419)	(641)
Other assets and liabilities	(432)	(407)
Investing activities:
Purchase of investments	(57,832)	0
Consolidated variable interest entities related:
Contributions from non-controlling interests in general partnerships	472	355
Distributions to non-controlling interests in general partnerships	(29)	(309)
Contributions from non-controlling interests in consolidated funds	142,924	0
Reconciliation of Cash and Cash Equivalents, Restricted Cash and Cash and Cash Equivalents Held at Consolidated Variable Interest Entities to the Condensed Consolidated Balance Sheets:
Cash and cash equivalents	101,712	512
Consolidated Entity Excluding Variable Interest Entities (VIE)
Reconciliation of Cash and Cash Equivalents, Restricted Cash and Cash and Cash Equivalents Held at Consolidated Variable Interest Entities to the Condensed Consolidated Balance Sheets:
Cash and cash equivalents	128,098	121,764
Restricted cash	$ 4,965	$ 3,078