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Supplementary Quarterly Financial Data (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]                      
Revenue $ 363,918 $ 364,455 $ 360,712 $ 359,183 $ 358,025 $ 340,340 $ 321,479 $ 307,050 $ 1,448,268 $ 1,326,894 $ 1,135,677
Operating income 114,775 113,381 97,251 92,744 102,791 89,307 84,940 70,889 418,151 347,927 330,280
Net Income Including the Noncontrolling Interests in Subsidiaries 101,272 86,684 84,801 63,265 85,089 73,585 63,840 54,611 336,022 277,125 222,299
Amounts Attributable to Federated Hermes, Inc.                      
Net Income $ 95,168 $ 85,822 $ 81,196 $ 64,178 $ 82,107 $ 72,962 $ 62,724 $ 54,546 $ 326,364 $ 272,339 $ 220,297
Earning per common share - basic (usd per share) $ 0.94 $ 0.86 $ 0.81 $ 0.63         $ 3.25 $ 2.69 $ 2.18
Earnings per common share—diluted (usd per share) $ 0.93 $ 0.85 $ 0.80 $ 0.63         $ 3.23 $ 2.69 $ 2.18
Earnings per common share—basic and diluted (usd per share)         $ 0.81 $ 0.72 $ 0.62 $ 0.54      
Voluntary yield-related fee waivers $ 56,100 $ 36,800 $ 19,700 $ 400         $ 113,000    
Reduction in distribution expenses 47,400 33,000 17,700 300         98,400    
Net negative pre-tax impact $ 8,700 $ 3,800 $ 2,000 $ 100         $ 14,600