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Investments (Tables) | 12 Months Ended
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Dec. 31, 2025
Investments, All Other Investments [Abstract] |
Schedule of Investments |
| December 31, |  | December 31,
(Amounts in thousands) | 2025 |  | 2024
Investments at fair value | $ | 305,473 |  |  | $ | 267,599 |
Investments accounted for under the equity method | 17,045 |  |  | 14,363 |
Total investments | 322,518 |  |  | 281,962 |
Less: Investments attributable to noncontrolling interests (1) | (216,838) |  |  | (187,624) |
Total investments attributable to Piper Sandler Companies | $ | 105,680 |  |  | $ | 94,338 |
(1)Noncontrolling interests are attributable to unrelated third-party ownership in consolidated alternative asset management funds.

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- Definition Tabular disclosure of the investment holdings which are represented by other than securities (for example, commodities). The investment holdings, other than securities investments table lists the long positions of non-security investments held by entity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 5D -Subparagraph (SX 210.12-13D) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-5D + Details
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