Transactions with Related Parties (Tables)

12 Months Ended

Dec. 31, 2025

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

Loans and notes receivable due from related parties presented on the consolidated balance sheets include the following (in thousands):

	December 31,
	2025		2024
Loans and notes receivable from related parties
Member firm loans	11,035		10,943
Employee loans	218		288
Stewardship funds	395		—
Total loans and notes receivable from related parties	$	11,648	$	11,231
Allowance for credit loss	(10,735)		(8,611)
Total loans and notes receivable from related parties, net of allowance for credit losses	$	913	$	2,620

The following table summarizes changes in the allowance for credit loss for loans and notes receivable due from related parties (in thousands):

	2025		2024		2023
Balance January 1,	$	8,611	$	4,940	$	4,440
Provision	2,664		3,671		500
Write-offs	(540)		—		—
Balance December 31,	$	10,735	$	8,611	$	4,940