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Quarterly Information (unaudited) - Quarterly Information Schedules (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]                      
Total revenues $ 650,831 $ 448,233 $ 511,344 $ 431,387 $ 409,140 $ 307,174 $ 295,964 $ 240,380 $ 2,041,795 $ 1,252,658 $ 846,299
Interest expense 2,590 2,668 2,696 2,780 3,252 3,455 3,526 4,212 10,734 14,445 11,733
Net revenues 648,241 445,565 508,648 428,607 405,888 303,719 292,438 236,168 2,031,061 1,238,213 834,566
Total non-interest expenses 479,366 369,855 394,588 345,740 335,357 279,070 285,041 270,197 1,589,549 1,169,665 715,587
Income from continuing operations before income tax expense 168,875 75,710 114,060 82,867 70,531 24,649 7,397 (34,029) 441,512 68,548 118,979
Income tax expense 43,292 23,512 27,066 17,274 20,592 5,674 4,700 (11,774) 111,144 19,192 24,577
Net income 125,583 52,198 86,994 65,593 49,939 18,975 2,697 (22,255) 330,368 49,356 118,174
Net income/(loss) applicable to noncontrolling interests 12,070 6,477 17,173 16,134 7,779 7,358 1,243 (7,528) 51,854 8,852 6,463
Net income applicable to Piper Sandler Companies 113,513 45,721 69,821 49,459 42,160 11,617 1,454 (14,727) 278,514 40,504 111,711
Net income applicable to Piper Sandler Companies' common shareholders $ 113,513 $ 45,721 $ 69,821 $ 49,459 $ 42,160 $ 11,617 $ 1,454 $ (14,727) $ 278,514 $ 40,504 $ 107,200
Earnings per basic common share                      
Earnings per basic common share $ 8.04 $ 3.22 $ 4.86 $ 3.44 $ 3.07 $ 0.84 $ 0.11 $ (1.07) $ 19.52 $ 2.94 $ 7.90
Earnings per diluted common share 6.54 2.68 4.12 3.00 2.66 0.78 0.10 (1.07) 16.43 2.72 7.69
Dividends declared per common share $ 3.55 $ 0.55 $ 0.45 $ 2.25 $ 0.375 $ 0.30 $ 0.20 $ 1.125 $ 6.80 $ 2.00 $ 2.51
Weighted average number of common shares                      
Basic 14,119 14,213 14,358 14,374 13,755 13,778 13,794 13,796 14,265 13,781 13,555
Diluted 17,357 17,047 16,951 16,467 15,860 14,853 14,476 14,411 16,955 14,901 13,937