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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies [Abstract]  
Schedule of Below Is A Table With Further Detail On The Company’s Securities Below is a table with further detail on the Company’s securities.
Type of Security   Classification   Consolidated Statements of
Financial Condition		   Recording of Realized and
Unrealized Gain or Loss
Certificates of deposit, Corporate bonds, municipal securities, options   Trading   Securities owned, at fair value   Principal transactions and proprietary trading
Equities   Trading   Securities owned, at fair value; Securities sold, not yet purchased at fair value   Market making, Principal transactions and proprietary trading
U.S. government securities   Trading   Securities owned, at fair value   Principal transactions and proprietary trading
U.S. government securities   Trading   Cash and securities segregated for regulatory purposes   Principal transactions and proprietary trading
Schedule of Estimated Useful Lives Estimated useful lives are as follows:
Type  Useful Life
Property  40 years
Property improvements  10 years
Leasehold improvements  Lesser of useful life or lease term
Office facilities and equipment  4 to 5 years
Schedule of Company’s Recognition of Revenue From Contracts With Customers As Well As Revenues From Financial Instruments

The table below presents detailed information on the Company’s recognition of revenue from contracts with customers as well as revenues from financial instruments, which are outside the scope of Topic 606, by major types of services for the periods indicated.

 

   Year Ended December 31, 
   2024   2023 
Revenues from Contracts with Customers        
Principal transactions and proprietary trading          
Riskless principal transactions with customers  $14,130,000   $9,096,000 
           
Commissions and fees          
Brokerage commissions   7,629,000    5,927,000 
Distribution fees   1,365,000    1,167,000 
Insurance commissions   621,000    447,000 
           
Stock borrow / stock loan          
Retail fees (rebates)   (5,000)   (78,000)
Stock locate services   16,892,000    12,901,000 
           
Other income          
Administrative fees   1,888,000    519,000 
Payment for order flow   1,454,000    1,114,000 
Other commissions   48,000    265,000 
           
Advisory fees   2,369,000    1,928,000 
           
Total revenues from contracts with customers  $46,391,000   $33,286,000 
           
Revenue outside the scope of Topic 606          
Principal transactions and proprietary trading          
Proprietary trading   486,000    3,997,000 
           
Interest, marketing and distribution fees          
Margin interest   15,440,000    16,236,000 
Interest income   14,933,000    11,618,000 
Marketing and distribution fees   2,034,000    1,724,000 
           
Stock borrow / stock loan          
Stock rebate revenue   2,362,000    3,349,000 
           
Market making   2,255,000    1,304,000 
           
Total revenue outside the scope of Topic 606   37,510,000    38,228,000 
           
Total revenue  $83,901,000   $71,514,000