v3.25.1
ACQUISITIONS AND INTANGIBLE ASSETS, NET - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
3 Months Ended
Jan. 03, 2025
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Asset Acquisition [Line Items]        
Cash consideration   $ 204,707 $ 0  
Goodwill   $ 5,624,468   $ 4,699,465
IPI Acquisition        
Asset Acquisition [Line Items]        
Equity consideration $ 922,174      
Cash consideration 243,434      
Earnout liability 140,083      
Total Consideration 1,305,691      
Cash and cash equivalents 1,107      
Due from related parties 40,550      
Total intangible assets 345,000      
Other assets, net 1,448      
Total assets acquired 388,105      
Accrued compensation 227      
Operating lease liabilities 982      
Accounts payable, accrued expenses and other liabilities 5,040      
Total liabilities assumed 6,249      
Net Identifiable Assets Acquired 381,856      
Goodwill 923,835      
Earnout liability 39,900      
Goodwill expected to be deductible for tax purposes 199,400      
IPI Acquisition | Investment management agreements        
Asset Acquisition [Line Items]        
Total intangible assets 240,000      
IPI Acquisition | Investor relationships        
Asset Acquisition [Line Items]        
Total intangible assets $ 105,000