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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 563,467,000 $ 655,641,000
Cash segregated under regulatory requirements 20,033,000 17,255,000
Financial instruments owned, at fair value 211,026,000 45,792,000
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers 1,172,822,000 350,036,000
Accrued commissions and other receivables, net 362,036,000 305,793,000
Loans, forgivable loans and other receivables from employees and partners, net 398,223,000 367,805,000
Loan receivable from related parties 150,000,000 0
Fixed assets, net 188,193,000 178,300,000
Investments 43,208,000 38,314,000
Goodwill 505,555,000 506,344,000
Other intangible assets, net 197,400,000 211,285,000
Receivables from related parties 5,458,000 2,717,000
Other assets 564,306,000 496,655,000
Total assets 4,381,727,000 3,175,937,000
Liabilities, Redeemable Partnership Interest, and Equity    
Repurchase agreements 1,962,000 0
Accrued compensation 187,378,000 206,364,000
Payables to broker-dealers, clearing organizations, customers and related broker-dealers 998,528,000 202,266,000
Payables to related parties 15,359,000 17,456,000
Accounts payable, accrued and other liabilities 694,736,000 668,189,000
Notes payable and other borrowings 1,440,706,000 1,183,506,000
Total liabilities 3,338,669,000 2,277,781,000
Commitments, contingencies and guarantees (Note 19)
Stockholders’ equity:    
Additional paid-in capital 2,223,773,000 2,105,130,000
Treasury stock, at cost: 43,459,123 and 13,479,847 shares of Class A common stock at September 30, 2024 and December 31, 2023, respectively (281,476,000) (67,414,000)
Retained deficit (1,041,840,000) (1,119,182,000)
Accumulated other comprehensive income (loss) (45,634,000) (38,582,000)
Total stockholders’ equity 860,107,000 885,083,000
Noncontrolling interest in subsidiaries 182,951,000 13,073,000
Total equity 1,043,058,000 898,156,000
Total liabilities, redeemable partnership interest, and equity 4,381,727,000 3,175,937,000
Class A Common Stock    
Stockholders’ equity:    
Common stock value 4,189,000 4,036,000
Class B Common Stock    
Stockholders’ equity:    
Common stock value $ 1,095,000 $ 1,095,000