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Revenue from contracts with customers - Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers $ 1,229,048 $ 1,072,500  
Interest 135,537 104,550 $ 60,713
Principal transactions, net 54,684 65,347 21,031
Other 13,227 6,428  
Total other sources of revenue 203,448 176,325  
Total revenue 1,432,496 1,248,825 1,110,941
Corporate/Other      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 5,064 434  
Interest 7,524 4,249  
Principal transactions, net 39 6,375  
Other 238 1,683  
Total other sources of revenue 7,801 12,307  
Total revenue 12,865 12,741 (1,802)
Commissions from sales and trading      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 376,910 317,768  
Commissions from sales and trading | Corporate/Other      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 14 23  
Mutual fund and insurance income      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 32,800 31,480  
Mutual fund and insurance income | Corporate/Other      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 21 16  
Advisory fees      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 483,433 415,679  
Advisory fees | Corporate/Other      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 42 229  
Investment banking - capital markets      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 69,177 48,042  
Investment banking - capital markets | Corporate/Other      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 0 0  
Investment banking - advisory      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 107,270 69,623  
Investment banking - advisory | Corporate/Other      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 0 0  
Bank deposit sweep income      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 138,770 172,807  
Bank deposit sweep income | Corporate/Other      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 0 0  
Other      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 20,688 17,101  
Other | Corporate/Other      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 4,987 166  
Asset Management Segment | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 867,757 797,795  
Interest 88,714 85,105  
Principal transactions, net 3,263 3,400  
Other 12,318 3,887  
Total other sources of revenue 104,295 92,392  
Total revenue 972,052 890,187  
Asset Management Segment | Commissions from sales and trading | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 188,783 155,039  
Asset Management Segment | Mutual fund and insurance income | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 32,775 31,457  
Asset Management Segment | Advisory fees | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 483,391 415,450  
Asset Management Segment | Investment banking - capital markets | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 11,155 7,543  
Asset Management Segment | Investment banking - advisory | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 46 0  
Asset Management Segment | Bank deposit sweep income | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 138,770 172,807  
Asset Management Segment | Other | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 12,837 15,499  
Capital Markets | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 356,227 274,271  
Interest 39,299 15,196  
Principal transactions, net 51,382 55,572  
Other 671 858  
Total other sources of revenue 91,352 71,626  
Total revenue 447,579 345,897 $ 337,821
Capital Markets | Commissions from sales and trading | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 188,113 162,706  
Capital Markets | Mutual fund and insurance income | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 4 7  
Capital Markets | Advisory fees | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 0 0  
Capital Markets | Investment banking - capital markets | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 58,022 40,499  
Capital Markets | Investment banking - advisory | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 107,224 69,623  
Capital Markets | Bank deposit sweep income | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers 0 0  
Capital Markets | Other | Operating Segments      
Disaggregation of Revenue [Line Items]      
Total revenue from contracts with customers $ 2,864 $ 1,436