Quarterly report pursuant to Section 13 or 15(d)

Revenue from Contracts with Customers - Impact on Statement of Financial Condition (Details)

v3.10.0.1
Revenue from Contracts with Customers - Impact on Statement of Financial Condition (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Jan. 01, 2018
Dec. 31, 2017
Jun. 30, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Cash and cash equivalents $ 204,847   $ 172,103 $ 88,852
Securities owned, at fair value 6,548   3,881  
Receivables from clearing brokers 45,013   48,543  
Receivables from other broker-dealers 2,520   2,822  
Notes receivable from financial advisors, net 5,893   47,369  
Other receivables, net 129,182   60,707  
Fixed assets, net 26,307   23,621  
Restricted cash 6,589   760  
Intangible assets, net 72,296   103,611  
Goodwill 124,210   124,210  
Contract acquisition costs, net 76,972   0  
Cash surrender value of life insurance 12,907   12,711  
Other assets 34,606   31,687  
Total assets 747,890   632,025 $ 538,288
Securities sold, but not yet purchased, at fair value 4,920   231  
Accrued compensation 27,418   33,343  
Commissions and fees payable 105,194   67,221  
Accounts payable and accrued liabilities 54,169   40,478  
Deferred rent 2,772   2,151  
Deferred income taxes 6,558   2,968  
Deferred compensation liability 19,999   18,161  
Accrued interest 191   232  
Notes payable 136,171   96,849  
Total liabilities 357,392   261,634  
Commitments and contingencies (Note 9)    
Preferred stock 2   2  
Common stock 20   20  
Additional paid-in capital 501,348   520,135  
Accumulated deficit (110,904)   (149,778)  
Total shareholders’ equity of the Company 390,466   370,379  
Noncontrolling interest 32   12  
Total shareholders' equity 390,498   370,391  
Total liabilities and shareholders' equity 747,890   632,025  
Accounting Standards Update 2014-09        
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Contract acquisition costs, net   $ 40,566    
Balances without the adoption of ASC 606        
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Cash and cash equivalents 204,847      
Securities owned, at fair value 6,548      
Receivables from clearing brokers 45,013      
Receivables from other broker-dealers 2,520      
Notes receivable from financial advisors, net 58,579      
Other receivables, net 68,414      
Fixed assets, net 26,307      
Restricted cash 6,589      
Intangible assets, net 93,314      
Goodwill 124,210      
Contract acquisition costs, net 0      
Cash surrender value of life insurance 12,907      
Other assets 34,150      
Total assets 683,398      
Securities sold, but not yet purchased, at fair value 4,920      
Accrued compensation 27,446      
Commissions and fees payable 74,836      
Accounts payable and accrued liabilities 53,996      
Deferred rent 2,772      
Deferred income taxes 2,363      
Deferred compensation liability 19,999      
Accrued interest 191      
Notes payable 136,171      
Total liabilities 322,694      
Preferred stock 2      
Common stock 20      
Additional paid-in capital 501,348      
Accumulated deficit (140,687)      
Total shareholders’ equity of the Company 360,683      
Noncontrolling interest 21      
Total shareholders' equity 360,704      
Total liabilities and shareholders' equity 683,398      
Effects of Change Higher/(Lower) | Accounting Standards Update 2014-09        
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Cash and cash equivalents 0      
Securities owned, at fair value 0      
Receivables from clearing brokers 0      
Receivables from other broker-dealers 0      
Notes receivable from financial advisors, net (52,686)      
Other receivables, net 60,768      
Fixed assets, net 0      
Restricted cash 0      
Intangible assets, net (21,018)      
Goodwill 0      
Contract acquisition costs, net 76,972      
Cash surrender value of life insurance 0      
Other assets 456      
Total assets 64,492      
Securities sold, but not yet purchased, at fair value 0      
Accrued compensation (28)      
Commissions and fees payable 30,358      
Accounts payable and accrued liabilities 173      
Deferred rent 0      
Deferred income taxes 4,195      
Deferred compensation liability 0      
Accrued interest 0      
Notes payable 0      
Total liabilities 34,698      
Preferred stock 0      
Common stock 0      
Additional paid-in capital 0      
Accumulated deficit 29,783 24,109    
Total shareholders’ equity of the Company 29,783      
Noncontrolling interest 11      
Total shareholders' equity 29,794      
Total liabilities and shareholders' equity $ 64,492      
Adjusted        
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Cash and cash equivalents   172,103    
Securities owned, at fair value   3,881    
Receivables from clearing brokers   48,543    
Receivables from other broker-dealers   2,822    
Notes receivable from financial advisors, net   6,803    
Other receivables, net   119,356    
Fixed assets, net   23,621    
Restricted cash   760    
Intangible assets, net   79,966    
Goodwill   124,210    
Contract acquisition costs, net   61,340    
Cash surrender value of life insurance   12,711    
Other assets   31,712    
Total assets   687,828    
Securities sold, but not yet purchased, at fair value   231    
Accrued compensation   33,233    
Commissions and fees payable   96,616    
Accounts payable and accrued liabilities   39,241    
Deferred rent   2,151    
Deferred income taxes   6,603    
Deferred compensation liability   18,161    
Accrued interest   232    
Notes payable   96,849    
Total liabilities   293,317    
Commitments and contingencies (Note 9)      
Preferred stock   2    
Common stock   20    
Additional paid-in capital   520,135    
Accumulated deficit   (125,669)    
Total shareholders’ equity of the Company   394,488    
Noncontrolling interest   23    
Total shareholders' equity   394,511    
Total liabilities and shareholders' equity   $ 687,828    
Investment Banking | Accounting Standards Update 2014-09        
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Cash and cash equivalents     0  
Securities owned, at fair value     0  
Receivables from clearing brokers     0  
Receivables from other broker-dealers     0  
Notes receivable from financial advisors, net     0  
Other receivables, net     (137)  
Fixed assets, net     0  
Restricted cash     0  
Intangible assets, net     0  
Goodwill     0  
Contract acquisition costs, net     0  
Cash surrender value of life insurance     0  
Other assets     25  
Total assets     (112)  
Securities sold, but not yet purchased, at fair value     0  
Accrued compensation     (110)  
Commissions and fees payable     0  
Accounts payable and accrued liabilities     (104)  
Deferred rent     0  
Deferred income taxes     28  
Deferred compensation liability     0  
Accrued interest     0  
Notes payable     0  
Total liabilities     (186)  
Commitments and contingencies (Note 9)      
Preferred stock     0  
Common stock     0  
Additional paid-in capital     0  
Accumulated deficit     74  
Total shareholders’ equity of the Company     74  
Noncontrolling interest     0  
Total shareholders' equity     74  
Total liabilities and shareholders' equity     (112)  
Insurance Renewals | Accounting Standards Update 2014-09        
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Cash and cash equivalents     0  
Securities owned, at fair value     0  
Receivables from clearing brokers     0  
Receivables from other broker-dealers     0  
Notes receivable from financial advisors, net     0  
Other receivables, net     58,786  
Fixed assets, net     0  
Restricted cash     0  
Intangible assets, net     (23,645)  
Goodwill     0  
Contract acquisition costs, net     0  
Cash surrender value of life insurance     0  
Other assets     0  
Total assets     35,141  
Securities sold, but not yet purchased, at fair value     0  
Accrued compensation     0  
Commissions and fees payable     29,395  
Accounts payable and accrued liabilities     0  
Deferred rent     0  
Deferred income taxes     1,489  
Deferred compensation liability     0  
Accrued interest     0  
Notes payable     0  
Total liabilities     30,884  
Commitments and contingencies (Note 9)      
Preferred stock     0  
Common stock     0  
Additional paid-in capital     0  
Accumulated deficit     4,257  
Total shareholders’ equity of the Company     4,257  
Noncontrolling interest     0  
Total shareholders' equity     4,257  
Total liabilities and shareholders' equity     35,141  
Costs to obtain or fulfill a contract | Accounting Standards Update 2014-09        
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Cash and cash equivalents     0  
Securities owned, at fair value     0  
Receivables from clearing brokers     0  
Receivables from other broker-dealers     0  
Notes receivable from financial advisors, net     (40,566)  
Other receivables, net     0  
Fixed assets, net     0  
Restricted cash     0  
Intangible assets, net     0  
Goodwill     0  
Contract acquisition costs, net     61,340  
Cash surrender value of life insurance     0  
Other assets     0  
Total assets     20,774  
Securities sold, but not yet purchased, at fair value     0  
Accrued compensation     0  
Commissions and fees payable     0  
Accounts payable and accrued liabilities     (1,133)  
Deferred rent     0  
Deferred income taxes     2,118  
Deferred compensation liability     0  
Accrued interest     0  
Notes payable     0  
Total liabilities     985  
Commitments and contingencies (Note 9)      
Preferred stock     0  
Common stock     0  
Additional paid-in capital     0  
Accumulated deficit     19,778  
Total shareholders’ equity of the Company     19,778  
Noncontrolling interest     11  
Total shareholders' equity     19,789  
Total liabilities and shareholders' equity     $ 20,774