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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 509,206 $ 553,598
Cash segregated under regulatory requirements 14,380 13,201
Securities owned 37,513 40,838
Marketable securities 402 406
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 2,379,937 782,446
Accrued commissions and other receivables, net 341,658 296,423
Loans, forgivable loans and other receivables from employees and partners, net 296,185 286,967
Fixed assets, net 186,456 190,112
Investments 36,108 33,039
Goodwill 487,751 486,919
Other intangible assets, net 204,110 207,747
Receivables from related parties 6,398 5,237
Other assets 441,178 445,233
Total assets 4,941,282 3,342,166
Liabilities, Redeemable Partnership Interest, and Equity    
Short-term borrowings 4,221 3,584
Repurchase agreements 7,511 0
Accrued compensation 203,156 214,379
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 2,205,427 656,278
Payables to related parties 77,898 53,764
Accounts payable, accrued and other liabilities 637,678 679,254
Notes payable and other borrowings 1,051,941 1,052,831
Total liabilities 4,187,832 2,660,090
Commitments, contingencies and guarantees (Note 20)
Redeemable partnership interest 17,786 18,761
Stockholders’ equity:    
Additional paid-in capital 2,481,408 2,451,135
Treasury stock, at cost: 118,923 and 118,921 shares of Class A common stock at March 31, 2022 and December 31, 2021, respectively (623,734) (623,734)
Retained deficit (1,149,657) (1,171,919)
Accumulated other comprehensive income (loss) (37,123) (40,548)
Total stockholders’ equity 675,808 619,752
Noncontrolling interest in subsidiaries 59,856 43,563
Total equity 735,664 663,315
Total liabilities, redeemable partnership interest, and equity 4,941,282 3,342,166
Class A Common Stock    
Stockholders’ equity:    
Common stock value 4,455 4,359
Class B Common Stock    
Stockholders’ equity:    
Common stock value $ 459 $ 459