XML 328 R74.htm IDEA: XBRL DOCUMENT v3.25.4
Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Aug. 01, 2025
Oct. 01, 2024
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Fair value of consideration transferred            
Goodwill     $ 2,644,723 $ 2,644,723 $ 2,172,873 $ 1,856,648
Goodwill, Measurement Period Adjustment       26,035 $ 16,980  
Commonwealth Financial Network. Acquisition            
Fair value of consideration transferred            
Total consideration $ 2,017,785          
Cash and equivalents 333,927          
Restricted cash 95,414          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities 43,719          
Receivables from brokers, dealers and clearing organizations 1,839          
Other receivables 55,788          
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Advisor Loans, Net 92,716          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment 7,769          
Other intangibles 1,716,000          
Other assets 58,330          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets (2,405,502)          
Accrued advisory and commission expenses payable 14,440          
Accounts payable and accrued liabilities 57,012          
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Current Liabilities, Client Payables 525          
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Liabilities, Equity Awards Liability 382,231          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Deferred Revenue 309,594          
Other liabilities 47,218          
Total liabilities assumed 811,020          
Net assets acquired 1,594,482          
Goodwill $ 423,303          
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets     1,900      
Goodwill, Measurement Period Adjustment       30,100    
Commonwealth Financial Network. Acquisition | Advisory Relationships            
Fair value of consideration transferred            
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Advisor Loans     12,900      
Increase to provisional intangible assets acquired     40,000      
Commonwealth Financial Network. Acquisition | Trade Names            
Fair value of consideration transferred            
Increase to provisional intangible assets acquired     $ 5,000      
Atria Wealth Solutions, Inc. Acquisition            
Fair value of consideration transferred            
Total consideration   $ 872,974        
Cash and equivalents   76,259        
Restricted cash   15,866        
Receivables from brokers, dealers and clearing organizations   13,734        
Other receivables   37,163        
Other intangibles   620,100        
Other assets   30,482        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets   (793,604)        
Accrued advisory and commission expenses payable   32,756        
Accounts payable and accrued liabilities   58,691        
Other liabilities   26,409        
Total liabilities assumed   228,499        
Net assets acquired   565,105        
Goodwill   307,869        
Goodwill, Measurement Period Adjustment       8,900    
Deferred tax liabilities   110,643        
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred       15,400    
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Receivables       4,800    
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment Other Liabilties       5,200    
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Deferred Tax Liabilities       1,300    
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Accounts Payable And Accrued Liabilities       6,200    
Atria Wealth Solutions, Inc. Acquisition | Advisory Relationships            
Fair value of consideration transferred            
Increase to provisional intangible assets acquired       13,500    
Atria Wealth Solutions, Inc. Acquisition | Institutional Relationships            
Fair value of consideration transferred            
Other intangibles   $ 195,400        
Increase to provisional intangible assets acquired       $ 6,300