Variable Interest Entities	6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	Variable Interest Entities As discussed in Note 1, Basis of Presentation, the Company consolidates the LLC as a VIE under ASC 810. The Company’s financial position, financial performance, and cash flows effectively represent those of the LLC as of and for the six months ended June 30, 2025, with the exception of Cash and cash equivalents of $39.5 million, Other current assets of $8.4 million, Deferred tax assets of $311.1 million, Accounts payable and accrued liabilities of $1.3 million, Other non- current liabilities of $3.9 million, and the entire balance of the Tax Receivable Agreement liabilities of $461.1 million on the Consolidated Balance Sheets, which are attributable solely to Ryan Specialty Holdings, Inc. As of December 31, 2024, Cash and cash equivalents of $27.2 million, Other current assets of $15.4 million, Deferred tax assets of $448.1 million, Accounts payable and accrued liabilities of $0.9 million, Other non-current liabilities of $2.9 million, and the entire balance of the Tax Receivable Agreement liabilities of $436.3 million on the Consolidated Balance Sheet were attributable solely to Ryan Specialty Holdings, Inc.

Variable Interest Entities

6 Months Ended

Jun. 30, 2025

As discussed in Note 1, Basis of Presentation, the Company consolidates the LLC as a VIE under ASC 810. The

Company’s financial position, financial performance, and cash flows effectively represent those of the LLC as of and for

the six months ended June 30, 2025, with the exception of Cash and cash equivalents of $39.5 million, Other current assets

of $8.4 million, Deferred tax assets of $311.1 million, Accounts payable and accrued liabilities of $1.3 million, Other non-

current liabilities of $3.9 million, and the entire balance of the Tax Receivable Agreement liabilities of $461.1 million on

the Consolidated Balance Sheets, which are attributable solely to Ryan Specialty Holdings, Inc. As of December 31, 2024,

Cash and cash equivalents of $27.2 million, Other current assets of $15.4 million, Deferred tax assets of $448.1 million,

Accounts payable and accrued liabilities of $0.9 million, Other non-current liabilities of $2.9 million, and the entire balance

of the Tax Receivable Agreement liabilities of $436.3 million on the Consolidated Balance Sheet were attributable solely to

Ryan Specialty Holdings, Inc.