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Consolidated Statements Of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Flows from Operating Activities:      
Net income $ 162,013,000   $ 84,134,000
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 33,988,000 30,066 28,267,000
Amortization of loans and advances to financial advisors and other employees 64,930,000 57,147 55,923,000
Amortization of premium on available-for-sale securities 8,321,000 16,153 12,782,000
Provision for loan losses and allowance for loans and advances to financial advisors and other employees 10,618,000 3,457 2,243,000
Amortization of intangible assets   4,896 5,311,000
Deferred income taxes (26,389,000) 45,519 25,764,000
Excess tax benefits from stock-based compensation (12,018,000) (16,722) (24,863,000)
Stock-based compensation 137,447,000 40,747 26,411,000
Gains on investments 13,319,000 (45,434) 1,877,000
Other net (3,640,000) (181) 841,000
Decrease/(increase) in operating assets:      
Cash segregated for regulatory purposes and restricted cash 128,142,000 (125,536) 5,982,000
Receivables:      
Brokerage clients (42,627,000) 72,220 (82,210,000)
Brokers, dealers and clearing organizations (30,634,000) (23,588) 18,395,000
Securities purchased under agreements to resell (66,380,000) (83,240) 48,162,000
Loans originated as held for sale (1,275,647,000) (288,657) (43,467,000)
Proceeds from mortgages held for sale 1,372,552,000 (1,603,074) (1,060,457,000)
Trading securities owned, including those pledged 70,053,000 1,517,458 1,013,515,000
Loans and advances to financial advisors and other employees (71,857,000) (63,948) (46,426,000)
Other assets 79,662,000 8,476 14,842,000
Increase/(decrease) in operating liabilities      
Brokerage clients 23,433,000 49,623 33,244,000
Brokers, dealers and clearing organizations 3,976,000 (1,492) (72,495,000)
Drafts (15,723,000) 14,532 2,653,000
Trading securities sold, but not yet purchased 85,127,000 56,652 65,296,000
Other liabilities and accrued expenses 48,988,000 (67,914) (70,310,000)
Net cash used in operating activities 702,219,000 (264,267) 45,414,000
Cash Flows from Investing Activities:      
Maturities, calls, sales, and principal paydowns on available-for-sale securities 435,827,000 530,120 654,958,000
Calls on held-to-maturity securities 93,703,000 15,464 9,450,000
Sale or maturity of investments 90,265,000 105,077 76,263,000
Sale of other real estate owned 373,000 221 929,000
Increase in bank loans, net (249,018,000) (180,115) (243,592,000)
Payments for:      
Purchase of available-for-sale securities (1,314,290,000) (945,343) (895,391,000)
Purchase of held-to-maturity securities (16,438,000) (531,379) (119,960,000)
Purchase of investments (71,777,000) (80,887) (119,720,000)
Purchase of fixed assets (32,278,000) (18,837) (59,730,000)
Acquisitions (88,592,000) (120,180) (18,817,000)
Net cash used in investing activities (1,106,274,000) (1,225,859) (715,610,000)
Cash Flows from Financing Activities:      
(Repayments of)/ proceeds from short-term borrowings from banks (249,000,000) 105,300 89,800,000
Proceeds from Senior Note offering    316,380   
Increase/(decrease) in securities sold under agreements to repurchase 123,463,000 60,170 (29,419,000)
Increase in bank deposits, net 881,794,000 1,274,395 448,170,000
Increase in securities loaned 20,948,000 (105,208) 97,537,000
Excess tax benefits from stock-based compensation 12,018,000 16,722 24,863,000
Issuance of common stock 650,000 11,603 3,983,000
Repurchase of common stock (13,670,000) (11,380) (48,505,000)
Repayment of non-recourse debt (58,992,000)    
Extinguishment of subordinated debt (2,187,000) (1,639) (1,284,000)
Net cash provided by financing activities 715,024,000 1,725,335 585,145,000
Effect of exchange rate changes on cash 1,650,000 1,061 (807,000)
Decrease in cash and cash equivalents 312,619,000 236,270 (85,858,000)
Cash and cash equivalents at end of period 716,560,000    
Supplemental disclosure of cash flow information:      
Cash paid for income taxes, net of refunds 5,803,000 4,630 5,547,000
Cash paid for interest 46,360,000 29,064 25,209,000
Noncash investing and financing activities:      
Units, net of forfeitures 205,520,000 145,563 138,203,000
Issuance of common stock for acquisitions $ 3,266,000