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Revenue Recognition - Disaggregation of Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Disaggregation of Revenue [Line Items]        
Cash and cash equivalents $ 305 $ 382 $ 633 $ 836
Cash and investments segregated 506 281 918 669
Receivables from brokerage clients 1,332 1,351 2,714 2,611
Available for sale securities 405 555 838 1,149
Held to maturity securities 602 658 1,224 1,348
Bank loans 518 460 1,011 900
Securities lending revenue 96 95 156 171
Other interest revenue 23 35 50 74
Interest revenue 3,787 3,817 7,544 7,758
Bank deposits (326) (840) (762) (1,761)
Payables to brokers, dealers, and clearing organizations (167) (57) (304) (112)
Payables to brokerage clients (69) (77) (120) (150)
Other short-term borrowings (87) (129) (169) (232)
Federal Home Loan Bank borrowings (110) (348) (243) (678)
Long-term debt (206) (208) (418) (432)
Other interest expense 0 0 0 (2)
Interest expense (965) (1,659) (2,016) (3,367)
Net interest revenue 2,822 2,158 5,528 4,391
Total net revenues 5,851 4,690 11,450 9,430
Asset management and administration fees        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 1,570 1,383 3,100 2,731
Mutual funds, ETFs, and CTFs        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 884 785 1,749 1,543
Managed investing solutions        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 589 510 1,158 1,013
Other        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 97 88 193 175
Trading revenue        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 952 777 1,860 1,594
Commissions        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 431 383 862 796
Order flow revenue        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 466 357 909 709
Principal transactions        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 55 37 89 89
Bank deposit account fees        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 247 153 492 336
Other        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers $ 260 $ 219 $ 470 $ 378