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Regulatory Requirements (Details)
12 Months Ended
Dec. 31, 2020
USD ($)
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required $ 250,000
Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 3,594,000
Minimum net capital required 1,000,000.0
Net capital 291,803,000
Excess capital 288,209,000
Cowen and Company (Asia) Limited [Member]  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial resources 2,030,000
Financial resources requirement 387,000
Excess financial resources 1,643,000
ATM Execution LLC  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 250,000
Net capital 3,857,000
Excess capital 3,607,000
Cowen Prime  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 250,000
Net capital 18,553,000
Excess capital 18,303,000
Westminster Research  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 250,000
Net capital 29,330,000
Excess capital 29,080,000
RCG Insurance Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required 300,000
Net capital 6,400,000
Options Clearing Corporation | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required $ 2,000,000.0
Minimum net capital required, percent 2.00%
U.K. Financial Services Authority | Cowen International Limited  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial resources $ 29,511,000
Financial resources requirement 22,699,000
Excess financial resources 6,812,000
U.K. Financial Services Authority | Cowen Execution Services Ltd  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial resources 12,188,000
Financial resources requirement 3,331,000
Excess financial resources 8,857,000
Minimum | Cowen Prime  
Regulatory Requirements for Broker-Dealers [Line Items]  
Required net capital under commodity exchange act 45,000
Special Reserve Accounts | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation 49,200,000
Special Reserve Accounts | Minimum | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation 31,300,000
PAB Reserve Bank Accounts | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation 28,800,000
PAB Reserve Bank Accounts | Minimum | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation $ 19,200,000