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Segments - Schedule of Financial Information by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Revenues $ 225,693 $ 149,658 $ 383,493 $ 281,866
Compensation and benefits 145,782 70,798 241,879 141,127
Non-compensation expenses 95,791 46,717 151,547 85,685
Total operating income (loss) (15,880) 32,143 (9,933) 55,054
Other income (expense), net (5,549) 1,727 (9,508) 3,609
Income (loss) before income taxes (21,429) 33,870 (19,441) 58,663
Investment Banking Advisory        
Segment Reporting [Line Items]        
Revenues 177,746 114,152 287,591 207,718
Compensation and benefits 111,807 60,292 190,313 118,289
Non-compensation expenses 80,330 35,292 123,967 65,678
Total operating income (loss) (14,391) 18,568 (26,689) 23,751
Valuations and Opinions        
Segment Reporting [Line Items]        
Revenues 47,947 35,506 95,902 74,148
Compensation and benefits 33,975 10,506 51,566 22,838
Non-compensation expenses 15,461 11,425 27,580 20,007
Total operating income (loss) $ (1,489) $ 13,575 $ 16,756 $ 31,303