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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows From Operating Activities:    
Net income $ 279,906 $ 184,859
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Depreciation and amortization 20,503 26,976
Amortization of loans and advances to financial advisors and other employees 61,783 69,393
Amortization of premium on investment portfolio 18,714 11,248
Provision for loan losses and allowance for loans and advances to financial advisors and other employees 13,980 19,025
Amortization of intangible assets 8,741 9,092
Deferred income taxes 718 14,875
Stock-based compensation 75,382 81,613
(Gains)/losses on sale of investments 10,442 (2,888)
Other, net (86,576) 2,377
Receivables:    
Brokerage clients (82,568) 125,905
Brokers, dealers, and clearing organizations (187,013) 689,648
Securities purchased under agreements to resell (110,141) (209,747)
Financial instruments owned, including those pledged (19,048) (139,205)
Loans originated as held for sale (1,099,187) (1,152,654)
Proceeds from mortgages held for sale 1,051,789 1,194,709
Loans and advances to financial advisors and other employees (67,872) (46,699)
Other assets 31,543 (77,373)
Increase/(decrease) in operating liabilities, net of liabilities assumed:    
Brokerage clients (200,461) (94,594)
Brokers, dealers, and clearing organizations 180,463 63,554
Drafts (15,404) (17,089)
Financial instruments sold, but not yet purchased 132,511 50,291
Other liabilities and accrued expenses (66,290) 91,896
Net cash provided by/(used in) operating activities (48,085) 895,212
Cash Flows From Investing Activities:    
Maturities and principal paydowns of available-for-sale securities 763,982 850,102
Calls and principal paydowns of held-to-maturity securities 443,295 193,140
Sale or maturity of investments 24,345 25,394
Increase in bank loans, net (810,798) (1,202,124)
Payments for:    
Purchase of available-for-sale securities (331,657) (1,350,033)
Purchase of held-to-maturity securities (1,313,587) (712,450)
Purchase of investments (7,578) (1,592)
Purchase of fixed assets (18,271) (21,153)
Acquisitions, net of cash received 599 (6,743)
Net cash used in investing activities (1,249,670) (2,225,459)
Cash Flows From Financing Activities:    
Repayments of borrowings, net (257,197) (299,000)
Proceeds from Federal Home Loan Bank advances, net 309,050 290,000
Payment of contingent consideration (11,909) (13,328)
Increase/(decrease) in securities sold under agreements to repurchase 261,780 (113,150)
Increase in bank deposits, net 590,000 1,356,478
Increase/(decrease) in securities loaned 471,367 (166,901)
Tax payments related to shares withheld for stock-based compensation plans (39,815) (76,242)
Proceeds from stock option exercises 2,278  
Repurchase of common stock (62,514) (12,998)
Cash dividends on preferred stock (7,031) (7,031)
Cash dividends paid to common stock and equity-award holders (26,023) (6,835)
Net cash provided by financing activities 1,229,986 950,993
Effect of exchange rate changes on cash (3,429) 7,178
Decrease in cash, cash equivalents, and cash segregated for regulatory purposes (71,198) (372,076)
Cash, cash equivalents, and cash segregated for regulatory purposes at beginning of period 787,085 986,167
Cash, cash equivalents, and cash segregated for regulatory purposes at end of period 715,887 614,091
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net of refunds 27,280 18,591
Cash paid for interest 111,832 49,901
Noncash financing activities:    
Unit grants, net of forfeitures 119,051 55,941
Issuance of common stock for acquisitions $ 110,671 $ 9,352