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Revenue from Contracts with Clients (Tables)
 12 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table represents a disaggregation of the Company’s total revenues separated between revenues from contracts with clients and other sources of revenue for the periods indicated (in millions):
Fiscal Year Ended September 30,
202520242023
Revenues from contracts with clients:
Commission and clearing fees:
Sales-based:
Exchange-traded futures and options$341.0 $226.1 $214.1 
OTC derivative brokerage 11.0 11.3 14.5 
Equities and fixed income 109.1 65.9 57.8 
Mutual funds 3.3 3.1 3.0 
Insurance and annuity products 12.2 11.0 9.2 
Other 1.5 — 3.4 
Total sales-based commission478.1 317.4 302.0 
Trailing:
Mutual funds13.6 12.7 12.4 
Insurance and annuity products15.9 15.2 14.2 
Total trailing commission29.5 27.9 26.6 
Clearing fees207.0 180.2 153.3 
Trade conversion fees10.5 13.1 8.5 
Other 3.1 9.4 8.0 
Total commission and clearing fees728.2 548.0 498.4 
Consulting, management, and account fees:
Underwriting fees8.6 0.4 0.7 
Asset management fees 62.7 50.9 45.1 
Advisory and consulting fees34.3 38.2 35.0 
Sweep program fees 44.8 44.4 48.6 
Client account fees 36.9 19.8 15.9 
Other 18.6 13.5 13.7 
Total consulting, management, and account fees205.9 167.2 159.0 
Sales of physical commodities:
Precious metals sales under ASC Topic 6062,133.5 1,500.7 2,836.0 
Total revenues from contracts with clients$3,067.6 $2,215.9 $3,493.4 
Method of revenue recognition:
Point-in-time$2,896.3 $2,054.5 $3,338.1 
Time elapsed171.3 161.4 155.3 
Total revenues from contracts with clients3,067.6 2,215.9 3,493.4 
Other sources of revenues
Physical precious metals under ASC Topic 815121,824.0 91,241.1 50,979.5 
Physical agricultural and energy products4,505.1 3,844.4 4,315.7 
Principal gains, net1,247.2 1,189.6 1,079.9 
Interest income 1,734.3 1,396.8 987.6 
Total revenues $132,378.2 $99,887.8 $60,856.1 
Schedule of Income and Expense The following table indicates the relevant income and expense:
Year Ended September 30,
(in millions)202520242023
Dividend income on long equity positions$142.3 $192.3 $32.0 
Dividend expense on short equity positions142.4 191.2 33.3 
Dividend (loss)/income net of dividend expense reported within Principal Gains, net
$(0.1)$1.1 $(1.3)