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Investments (Tables)
12 Months Ended
Dec. 31, 2025
Investments, All Other Investments [Abstract]  
Schedule of Investments
December 31,December 31,
(Amounts in thousands)20252024
Investments at fair value$305,473 $267,599 
Investments accounted for under the equity method17,045 14,363 
Total investments322,518 281,962 
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.