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Related-Party Transactions - Summary of Related-Party Transactions (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Related party assets      
Cash and cash equivalents $ 79,937   $ 123,547
Related party revenue      
Total revenue 215,857 $ 201,320  
Investment Management Fees      
Related party revenue      
Total revenue 169,785 156,836  
Fund Administration and Distribution Fees      
Related party revenue      
Total revenue 46,072 44,484  
VCH      
Related party assets      
Cash and cash equivalents 64,465   109,183
Receivables (investment management fees) 48,279   46,217
Receivables (fund administration and distribution fees) 15,094   14,238
Prepaid expenses 1,147   730
Investments (investments in proprietary funds, fair value) 572   534
Investments (deferred compensation plan investments, fair value) 32,810   31,143
Total 162,367   202,045
Related party liabilities      
Accounts payable and accrued expenses (fund reimbursements) 5,482   $ 5,641
Related party revenue      
Total revenue 174,407 164,467  
Related party expense      
General and administrative 112 122  
Related party other income (expense)      
Interest income and other income (expense) 3,286 1,464  
VCH | Investment Management Fees      
Related party revenue      
Total revenue 128,335 119,983  
VCH | Fund Administration and Distribution Fees      
Related party revenue      
Total revenue $ 46,072 $ 44,484