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Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Aug. 31, 2024
Aug. 31, 2023
Nov. 30, 2023
Assets          
Cash and cash equivalents $ 10,573,471   $ 10,573,471   $ 8,526,363
Financial instruments owned, at fair value 24,038,659   24,038,659   21,747,473
Securities borrowed 7,056,550   7,056,550   7,192,091
Securities purchased under agreements to resell 6,993,024   6,993,024   5,950,549
Receivables:          
Brokers, dealers and clearing organizations 2,583,719   2,583,719   2,380,732
Customers 2,060,450   2,060,450   1,705,425
Fees, interest and other 661,038   661,038   630,142
Other assets 3,263,629   3,263,629   2,650,640
Total assets 63,275,098   63,275,098   57,905,161
Liabilities          
Financial instruments sold, not yet purchased, at fair value 12,307,086   12,307,086   11,251,154
Securities sold under agreements to repurchase 9,603,530   9,603,530   10,920,606
Payables:          
Brokers, dealers and clearing organizations 4,421,053   4,421,053   3,737,810
Customers 3,898,469   3,898,469   3,960,557
Long-term debt 12,922,012   12,922,012   9,698,752
Total liabilities 53,159,331   53,159,331   $ 48,102,620
Revenues          
Revenues 2,595,589 $ 2,040,915 7,663,827 $ 5,472,661  
Interest expense 912,037 858,806 2,585,627 1,969,450  
Net revenues 1,683,552 1,182,109 5,078,200 3,503,211  
Non-interest expenses          
Business development 68,152 41,467 194,433 121,892  
Total non-interest expenses 1,430,865 1,091,038 4,377,517 3,236,203  
Investment banking          
Revenues          
Revenues 927,094 600,190 2,344,743 1,595,463  
Principal transactions          
Revenues          
Revenues 324,501 353,373 1,381,432 1,171,578  
Commissions and other fees          
Revenues          
Revenues 270,643 223,712 787,968 672,294  
Interest          
Revenues          
Revenues 936,786 $ 898,040 2,636,002 $ 2,062,104  
Sumitomo Mitsui Banking Corporation Agreement | Related Party          
Assets          
Cash and cash equivalents 521,701   521,701    
Financial instruments owned, at fair value 9,607   9,607    
Securities borrowed 15,357   15,357    
Securities purchased under agreements to resell 431,802   431,802    
Receivables:          
Brokers, dealers and clearing organizations 121,618   121,618    
Customers 4,163   4,163    
Fees, interest and other 3,022   3,022    
Other assets 269   269    
Total assets 1,107,539   1,107,539    
Liabilities          
Financial instruments sold, not yet purchased, at fair value 14,983   14,983    
Securities sold under agreements to repurchase 538,239   538,239    
Payables:          
Brokers, dealers and clearing organizations 130,852   130,852    
Customers 4,891   4,891    
Fees, interest and other 326   326    
Long-term debt 0   0    
Total liabilities 689,291   689,291    
Revenues          
Revenues     (33,550)    
Interest expense     2,411    
Net revenues     (35,961)    
Non-interest expenses          
Business development     4,570    
Total non-interest expenses     4,570    
Sumitomo Mitsui Banking Corporation Agreement | Related Party | Investment banking          
Revenues          
Revenues     455    
Sumitomo Mitsui Banking Corporation Agreement | Related Party | Principal transactions          
Revenues          
Revenues     (38,301)    
Sumitomo Mitsui Banking Corporation Agreement | Related Party | Commissions and other fees          
Revenues          
Revenues     180    
Sumitomo Mitsui Banking Corporation Agreement | Related Party | Interest          
Revenues          
Revenues     4,116    
Sumitomo Mitsui Banking Corporation Agreement | Related Party | Revolving Credit Facility | Line of credit          
Payables:          
Paydown on a credit facility $ 750,000   $ 750,000