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SEGMENT INFORMATION - Select Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information [Line Items]        
Net Revenue (Loss) $ 748,078 $ 784,866 $ 2,192,126 $ 2,234,968
Adjusted Compensation and Benefits Expense 474,647 426,303 1,400,196 1,370,900
Adjusted Non-compensation Expense 148,665 138,239 453,918 421,144
Other Segment Items (23,425) (138,952) (54,422) (157,847)
Adjusted Operating Income (Loss) 101,341 81,372 283,590 285,077
Interest income (included in net revenue) 7,660 15,005 28,529 39,330
Depreciation and amortization of property (included in adjusted non-compensation expense) 8,465 8,953 25,509 27,246
Financial Advisory        
Segment Reporting Information [Line Items]        
Net Revenue (Loss) 427,335 370,917 1,292,000 1,235,732
Adjusted Compensation and Benefits Expense 273,214 238,360 830,218 815,764
Adjusted Non-compensation Expense 52,098 49,333 157,085 148,310
Other Segment Items (5,056) (2,110) (8,819) (12,355)
Adjusted Operating Income (Loss) 96,967 81,114 295,878 259,303
Interest income (included in net revenue) 618 1,167 3,718 3,443
Depreciation and amortization of property (included in adjusted non-compensation expense) 1,805 2,007 5,980 6,422
Asset Management        
Segment Reporting Information [Line Items]        
Net Revenue (Loss) 327,029 293,878 907,607 874,841
Adjusted Compensation and Benefits Expense 155,920 145,695 438,402 430,711
Adjusted Non-compensation Expense 64,513 58,058 187,321 169,320
Other Segment Items (32,840) (22,368) (80,433) (62,178)
Adjusted Operating Income (Loss) 73,756 67,757 201,451 212,632
Interest income (included in net revenue) 2,161 3,803 6,744 11,323
Depreciation and amortization of property (included in adjusted non-compensation expense) 1,564 1,410 4,352 4,091
Corporate        
Segment Reporting Information [Line Items]        
Net Revenue (Loss) (6,286) 120,071 (7,481) 124,395
Adjusted Compensation and Benefits Expense 45,513 42,248 131,576 124,425
Adjusted Non-compensation Expense 32,054 30,848 109,512 103,514
Other Segment Items 14,471 (114,474) 34,830 (83,314)
Adjusted Operating Income (Loss) (69,382) (67,499) (213,739) (186,858)
Interest income (included in net revenue) 4,881 10,035 18,067 24,564
Depreciation and amortization of property (included in adjusted non-compensation expense) $ 5,096 $ 5,536 $ 15,177 $ 16,733