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Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue      
Total Revenue $ 1,326,894 $ 1,135,677 $ 1,102,924
Operating Expenses      
Compensation and Related 442,147 354,765 289,215
Systems and Communications 52,988 39,925 31,971
Office and Occupancy 44,926 34,622 29,258
Professional Service Fees 43,714 42,903 29,064
Advertising and Promotional 17,774 16,141 11,166
Travel and Related 16,645 15,594 12,646
Other 20,110 13,867 15,317
Total Operating Expenses 978,967 805,397 761,416
Operating Income 347,927 330,280 341,508
Nonoperating Income (Expenses)      
Investment Income, net 4,450 5,985 7,236
Gain (Loss) on Securities, net 4,966 (4,357) 8,072
Debt Expense (5,037) (5,885) (4,772)
Other, net 12,965 (29,849) (42)
Total Nonoperating Income (Expenses), net 17,344 (34,106) 10,494
Income Before Income Taxes 365,271 296,174 352,002
Income Tax Provision 88,146 73,875 57,101
Net Income Including the Noncontrolling Interests in Subsidiaries 277,125 222,299 294,901
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries 4,786 2,002 3,560
Net Income $ 272,339 $ 220,297 $ 291,341
Amounts Attributable to Federated Hermes, Inc.      
Earnings Per Common Share—Basic and Diluted (usd per share) $ 2.69 $ 2.18 $ 2.87
Cash Dividends Per Share (usd per share) $ 1.08 $ 1.06 $ 1.00
Investment Advisory Fees, net—Affiliates      
Revenue      
Total Revenue $ 685,849 $ 585,832 $ 591,112
Investment Advisory Fees, net—Other      
Revenue      
Total Revenue 221,756 187,586 140,558
Administrative Service Fees, net—Affiliates      
Revenue      
Total Revenue 245,887 199,269 188,814
Other Service Fees, net—Affiliates      
Revenue      
Total Revenue 161,421 156,935 176,397
Other Service Fees, net—Other      
Revenue      
Total Revenue 11,981 6,055 6,043
Distribution      
Operating Expenses      
Distribution $ 340,663 $ 287,580 $ 342,779