CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
REVENUES
Commissions and fees	$ 1,550	$ 1,155	$ 4,183	$ 3,545
Investment and other income	56	31	112	77
Total revenues	1,606	1,186	4,295	3,622
EXPENSES
Employee compensation and benefits	793	607	2,116	1,823
Other operating expenses	276	165	672	499
(Gain)/loss on disposal		(1)	1	(30)
Amortization	93	45	196	131
Depreciation	14	11	37	33
Interest	100	50	197	147
Change in estimated acquisition earn-out payables	11	(8)	18	(9)
Mark-to-market of escrow liability	8		8
Total expenses	1,295	869	3,245	2,594
Income before income taxes	311	317	1,050	1,028
Income taxes	82	78	251	237
Net income before non-controlling interests	229	239	799	791
Less: Net income attributable to non-controlling interests	2	5	9	8
Net income attributable to the Company	$ 227	$ 234	$ 790	$ 783
Net income per share:
Basic	$ 0.68	$ 0.82	$ 2.59	$ 2.75
Diluted	$ 0.68	$ 0.81	$ 2.57	$ 2.73