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Revenue from Contracts with Customers (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax $ 1,338,501 $ 797,386 $ 793,332
Management Fees 47,515 32,608 29,658
Incentive income 592 1,547 3,117
Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 1,337,542 796,123 789,754
Management Fees 46,556 31,361 26,080
Incentive income 592 1,532 3,117
Asset Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 959 1,263 3,578
Management Fees 959 1,248 3,578
Incentive income 0 15 0
Underwriting fees | Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 427,670 211,666 215,723
Strategic/financial advisory fees | Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 190,958 79,208 81,733
Placement and sales agent fees | Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 133,171 69,070 46,888
Expense reimbursements from clients | Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 17,687 15,081 12,878
Investment banking revenue | Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 769,486 375,025 357,222
Commissions | Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 485,398 356,668 366,090
Trade conversion | Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 15,753 12,531 17,061
Equity and credit research fees | Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 19,757 19,006 20,184
Brokerage | Operating Company      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax $ 520,908 $ 388,205 $ 403,335