Business Acquisitions (Tables)

12 Months Ended

Nov. 30, 2024

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

Fair value of assets acquired and liabilities assumed on the

acquisition dates:

$ in thousands	Stratos	OpNet	Total
Cash and cash equivalents ......................	$83,006	$7,875	$90,881
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations .....................	124,306	—	124,306
Financial instruments owned, at fair value .......................................................	53,028	—	53,028
Investments in and loans to related parties ....................................................	—	6,644	6,644
Receivables:
Brokers, dealers and clearing organizations ..........................................	113,750	—	113,750
Fees, interest and other .........................	4,745	14,728	19,473
Property and equipment, net ....................	31,830	111,458	143,288
Goodwill (1) ................................................	5,463	127,051	132,514
Assets held for sale (2) .............................	—	578,820	578,820
Other assets (3) .........................................	31,135	98,278	129,413
Total assets acquired ...............................	$447,263	$944,854	$1,392,117
Financial instruments sold, net yet purchased, at fair value .......................	$31,293	$—	$31,293
Payables:
Brokers, dealers and clearing organizations ........................................	236	—	236
Customers payables .................................	297,494	—	297,494
Short-term borrowings ..............................	—	7,137	7,137
Lease liabilities ...........................................	9,308	23,040	32,348
Liabilities held for sale (2) ........................	—	303,447	303,447
Accrued expenses and other liabilities ...	18,011	176,308	194,319
Long-term debt ...........................................	—	75,437	75,437
Total liabilities assumed ..........................	$356,342	$585,369	$941,711
Net assets acquired ..................................	$90,921	$359,485	$450,406
Noncontrolling interests ..........................	$—	$42,168	$42,168

(1)All goodwill is attributed to the Asset Management reportable segment.

(2)Relates to the net operating assets of the wholesale operations of OpNet.

(3)Includes intangible assets in the form of purchased technology, trademarks

and trade names, and customer relationships related to Tessellis that was

acquired as part of obtaining control of OpNet. These intangible assets are

being amortized over a finite life of up to 20 years.