v3.26.3
Business Segment Information (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Summary of Other Significant Segment Items
Enterprise-wide disclosures as of and for the three and nine months ended September 30, 2026 and 2025 were as follows:

Services
Net revenues derived from our investment management, research and related services for the three and nine months ended September 30, 2026 and 2025 were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(in thousands)
Institutions(1)
$266,336 $161,090 $668,579 $496,113 
Retail(1)
605,547 631,769 1,836,468 1,834,917 
Private Wealth Management(1)
338,022 313,191 978,696 909,416 
Other29,000 46,300 153,409 114,597 
Total revenues1,238,905 1,152,350 3,637,152 3,355,043 
Less: Broker-dealer related Interest expense13,340 15,203 38,857 48,382 
Net revenues$1,225,565 $1,137,147 $3,598,295 $3,306,661 
(1) Institutions, Retail and Private Wealth management revenues by channel include investment advisory base fees, performance-based fees, distribution revenues and shareholder servicing fees by channel.
Net revenues related to our U.S. and international operations, for the three and nine months ended September 30, 2026 and 2025, were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(in thousands)
Net revenues:
United States$693,853 $662,818 $2,087,083 $1,929,406 
International:
         Luxembourg261,775 268,907 804,948 788,140 
         Japan129,266 152,549 398,297 434,553 
Other International140,671 52,873 307,967 154,562 
     Total International531,712 474,329 1,511,212 1,377,255 
Total $1,225,565 $1,137,147 $3,598,295 $3,306,661 
Long-lived assets related to our U.S. and international operations, as of September 30, 2026 and December 31, 2025, were as follows:
September 30, 2026December 31, 2025
(in thousands)
Long-lived assets:
United States$4,057,506 $4,126,410 
International50,249 51,926 
Total$4,107,755 $4,178,336