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Share-Based Payments, Deferred Compensation and Employee Ownership Plans - Share-Based Payments and Deferred Compensation Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Shares granted 800,000  
Equity Plans    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Stock-compensation expense recognized in connection with compensation plan $ 28.2 $ 8.3
Tax benefit of stock-compensation expense recognized in connection with compensation plan $ 10.8 $ 1.8
Equity Plans | Restricted Stock | Minimum    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Stock compensation award, vesting period 2 years  
Equity Plans | Restricted Stock | Maximum    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Stock compensation award, vesting period 5 years  
Equity Plans | Employee Stock | Minimum    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Stock compensation award, vesting period 2 years  
Equity Plans | Employee Stock | Maximum    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Stock compensation award, vesting period 5 years  
Expiration period 7 years  
Deferred Cash Award | Equity Plans    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Stock compensation award, vesting period 4 years  
Deferred Cash Award | Cowen Group, Inc. 2010 and 2020 Equity and Incentive Plan    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Deferred cash awards granted $ 34.1  
Deferred cash award, interest rate 0.70%  
Deferred cash awards, unrecognized compensation expense $ 90.5