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Investments (Tables)
12 Months Ended
Dec. 31, 2025
Schedule of Investments [Abstract]  
Schedule of Investments The Company's investments, excluding the assets of CIP discussed in Note 17, at December 31, 2025 and 2024, were as follows: 
 December 31,
(in thousands)20252024
Investment securities - fair value$76,462 $83,771 
Equity method investments (1)60,928 20,286 
Nonqualified retirement plan assets20,090 15,159 
Total investments$157,480 $119,216 
(1)The Company's equity method investments are valued on a three-month lag based upon the availability of financial information. On December 15, 2025, the Company completed the acquisition of a 35% minority interest in Crescent Cove Advisors, LP for $41.1 million, including transaction costs.
Schedule of Marketable Securities The composition of the Company's investment securities - fair value was as follows: 
December 31,
20252024
(in thousands)CostFair
Value
CostFair
Value
Investment Securities - fair value:
Sponsored funds$51,993 $51,013 $63,220 $63,296 
Equity securities19,703 22,903 17,406 19,019 
Debt securities2,531 2,546 1,457 1,456 
Total investment securities - fair value$74,227 $76,462 $82,083 $83,771