$PIPR
PIPER SANDLER COMPANIES Stock $pipr

$pipr Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000123024522000114 Filed on August 02, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2021 Q4
Revenue	$334.4M	$354.5M	$650.8M
YoY Change	-25.4%	-30.66%	59.07%
Cost Of Revenue	$7.804M	$8.246M	$7.099M
YoY Change	23.77%	19.46%	-0.01%
Gross Profit	$326.6M	$346.3M	$643.7M
YoY Change	-26.1%	-31.35%	60.09%
Gross Profit Margin	97.67%	97.67%	98.91%
Selling, General & Admin	$287.3M	$295.4M	$449.1M
YoY Change	-16.3%	-19.01%	48.61%
% of Gross Profit	87.97%	85.29%	69.77%
Research & Development	$12.46M	$13.22M
YoY Change	17.33%	31.81%
% of Gross Profit	3.82%	3.82%
Depreciation & Amortization	$3.769M	$7.112M	$10.93M
YoY Change	-65.33%	-33.58%	-23.55%
% of Gross Profit	1.15%	2.05%	1.7%
Operating Expenses	$12.46M	$13.22M	$474.0M
YoY Change	17.33%	31.81%	44.52%
Operating Profit	$314.1M	$333.1M	$169.7M
YoY Change	-27.17%	-32.63%	129.04%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$18.90M	$37.16M	$168.9M
YoY Change	-75.03%	-67.42%	139.43%
Income Tax	$8.169M	$9.385M	$43.29M
% Of Pretax Income	43.22%	25.26%	25.64%
Net Earnings	$14.53M	$21.39M	$113.5M
YoY Change	-68.22%	-69.36%	169.24%
Net Earnings / Revenue	4.35%	6.03%	17.44%
Basic Earnings Per Share	$1.05	$1.53	$8.04
Diluted Earnings Per Share	$0.87	$1.26	$6.54
COMMON SHARES
Basic Shares Outstanding	17.44M shares	14.02M shares	14.12M shares
Diluted Shares Outstanding	16.73M shares	16.92M shares	17.36M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$274.5M	$237.8M	$971.0M
YoY Change	-51.93%	-40.18%	91.17%
Cash & Equivalents	$274.5M	$237.8M	$971.0M
Short-Term Investments
Other Short-Term Assets	$20.34M	$16.41M	$18.99M
YoY Change	16.81%	-20.22%	30.06%
Inventory
Prepaid Expenses
Receivables	$230.5M	$202.4M	$250.8M
Other Receivables	$52.76M	$52.17M	$54.75M
Total Short-Term Assets	$578.0M	$508.7M	$1.295B
YoY Change	-33.39%	-36.45%	65.49%
LONG-TERM ASSETS
Property, Plant & Equipment	$64.54M	$58.93M	$51.76M
YoY Change	27.54%	11.53%	18.14%
Goodwill	$244.0M	$244.3M	$227.5M
YoY Change	7.24%	7.39%	0.0%
Intangibles	$130.6M	$134.0M	$119.8M
YoY Change	2.61%	-0.61%	-20.07%
Long-Term Investments	$10.87M	$11.30M	$12.06M
YoY Change	-2.48%	30.28%	56.21%
Other Assets	$607.4M	$582.5M	$507.2M
YoY Change	3.91%	0.06%	0.27%
Total Long-Term Assets	$1.464B	$1.442B	$1.270B
YoY Change	10.36%	9.78%	4.57%
TOTAL ASSETS
Total Short-Term Assets	$578.0M	$508.7M	$1.295B
Total Long-Term Assets	$1.464B	$1.442B	$1.270B
Total Assets	$2.042B	$1.951B	$2.565B
YoY Change	-6.94%	-7.73%	28.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.710M
YoY Change
Accrued Expenses	$599.4M	$515.7M	$1.072B
YoY Change	-21.64%	-21.42%	51.69%
Deferred Revenue
YoY Change
Short-Term Debt	$97.73M	$122.2M	$128.7M
YoY Change	-25.71%	-37.55%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$724.1M	$648.3M	$1.213B
YoY Change	-20.0%	-24.99%	67.37%
LONG-TERM LIABILITIES
Long-Term Debt	$125.0M	$125.0M	$125.0M
YoY Change	-28.57%	-28.57%	-35.9%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$125.0M	$125.0M	$125.0M
YoY Change	-28.57%	-28.57%	-63.87%
TOTAL LIABILITIES
Total Short-Term Liabilities	$724.1M	$648.3M	$1.213B
Total Long-Term Liabilities	$125.0M	$125.0M	$125.0M
Total Liabilities	$849.1M	$773.3M	$1.338B
YoY Change	-21.39%	-25.6%	24.97%
SHAREHOLDERS EQUITY
Retained Earnings	$423.7M	$418.4M	$450.2M
YoY Change	9.52%	19.79%	66.11%
Common Stock	$1.022B	$1.006B	$925.6M
YoY Change	12.88%	13.19%	9.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$441.9M	$425.1M	$312.6M
YoY Change	41.51%	49.93%	8.02%
Treasury Stock Shares	5.884M shares	5.750M shares	5.412M shares
Shareholders Equity	$1.000B	$996.6M	$1.062B
YoY Change
Total Liabilities & Shareholders Equity	$2.042B	$1.951B	$2.565B
YoY Change	-6.94%	-7.73%	28.45%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2021 Q4
OPERATING ACTIVITIES
Net Income	$14.53M	$21.39M	$113.5M
YoY Change	-68.22%	-69.36%	169.24%
Depreciation, Depletion And Amortization	$3.769M	$7.112M	$10.93M
YoY Change	-65.33%	-33.58%	-23.55%
Cash From Operating Activities	$64.60M	$33.97M	$487.4M
YoY Change	-69.0%	-87.64%	97.35%
INVESTING ACTIVITIES
Capital Expenditures	-$10.19M	-$9.624M	-$4.561M
YoY Change	799.38%	72.38%	-38.36%
Acquisitions
YoY Change
Other Investing Activities	$0.00	-$8.086M	$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$10.19M	-$17.71M	-$4.561M
YoY Change	799.38%	217.21%	-85.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-15.74M	-23.27M	-83.09M
YoY Change	-52.02%	-1.5%	3.22%
NET CHANGE
Cash From Operating Activities	64.60M	33.97M	487.4M
Cash From Investing Activities	-10.19M	-17.71M	-4.561M
Cash From Financing Activities	-15.74M	-23.27M	-83.09M
Net Change In Cash	38.67M	-7.013M	399.8M
YoY Change	-77.83%	-102.85%	195.7%
FREE CASH FLOW
Cash From Operating Activities	$64.60M	$33.97M	$487.4M
Capital Expenditures	-$10.19M	-$9.624M	-$4.561M
Free Cash Flow	$74.79M	$43.59M	$492.0M
YoY Change	-64.3%	-84.46%	93.4%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Central Index Key EntityCentralIndexKey	0001230245
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-31720
	dei	Entity Registrant Name EntityRegistrantName	PIPER SANDLER COMPANIES
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	30-0168701
	dei	Entity Address Address Line1 EntityAddressAddressLine1	800 Nicollet Mall, Suite 900
	dei	Entity Address City Or Town EntityAddressCityOrTown	Minneapolis
	dei	Entity Address State Or Province EntityAddressStateOrProvince	MN
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	55402
	dei	City Area Code CityAreaCode	(612)
	dei	Local Phone Number LocalPhoneNumber	303-6000
	dei	Security12b Title Security12bTitle	Common Stock, par value $0.01 per share
	dei	Trading Symbol TradingSymbol	PIPR
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	17436145	shares
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	237786000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	970965000	usd
CY2022Q2	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	206216000	usd
CY2021Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	254130000	usd
CY2022Q2	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	422107000	usd
CY2021Q4	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	348974000	usd
CY2022Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	81250000	usd
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	76823000	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	58932000	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	51761000	usd
CY2022Q2	us-gaap	Goodwill Goodwill	244321000	usd
CY2021Q4	us-gaap	Goodwill Goodwill	227508000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	121986000	usd
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	115672000	usd
CY2022Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	133995000	usd
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	119778000	usd
CY2022Q2	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	183538000	usd
CY2021Q4	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	164565000	usd
CY2022Q2	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	267017000	usd
CY2021Q4	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	252045000	usd
CY2022Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	160362000	usd
CY2021Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	158200000	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	98584000	usd
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	71341000	usd
CY2022Q2	us-gaap	Other Assets OtherAssets	121652000	usd
CY2021Q4	us-gaap	Other Assets OtherAssets	110605000	usd
CY2022Q2	us-gaap	Assets Assets	1950972000	usd
CY2021Q4	us-gaap	Assets Assets	2565307000	usd
CY2022Q2	us-gaap	Long Term Debt LongTermDebt	125000000	usd
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	125000000	usd
CY2022Q2	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	10417000	usd
CY2021Q4	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	13247000	usd
CY2022Q2	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	122184000	usd
CY2021Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	128690000	usd
CY2022Q2	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	340137000	usd
CY2021Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	900079000	usd
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	117105000	usd
CY2021Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	89625000	usd
CY2022Q2	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	58494000	usd
CY2021Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	81811000	usd
CY2022Q2	us-gaap	Liabilities Liabilities	773337000	usd
CY2021Q4	us-gaap	Liabilities Liabilities	1338452000	usd
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	19542612	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	19541037	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	13792668	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	14129519	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	195000	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	195000	usd
CY2022Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1006093000	usd
CY2021Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	925387000	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	418406000	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	450165000	usd
CY2022Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	5749944	shares
CY2021Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	5411518	shares
CY2022Q2	us-gaap	Treasury Stock Value TreasuryStockValue	425095000	usd
CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	312573000	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2960000	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-964000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	996639000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	1062210000	usd
CY2022Q2	us-gaap	Minority Interest MinorityInterest	180996000	usd
CY2021Q4	us-gaap	Minority Interest MinorityInterest	164645000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1177635000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1226855000	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1950972000	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2565307000	usd
CY2022Q2	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	234132000	usd
CY2021Q2	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	387147000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	491634000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	683221000	usd
CY2022Q2	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	104942000	usd
CY2021Q2	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	95830000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	209504000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	205318000	usd
CY2022Q2	us-gaap	Interest Income Operating InterestIncomeOperating	4536000	usd
CY2021Q2	us-gaap	Interest Income Operating InterestIncomeOperating	1673000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	8392000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	3730000	usd
CY2022Q2	pipr	Investmentincomeloss Investmentincomeloss	10936000	usd
CY2021Q2	pipr	Investmentincomeloss Investmentincomeloss	26694000	usd
	pipr	Investmentincomeloss Investmentincomeloss	-2138000	usd
CY2022Q2	us-gaap	Revenues Revenues	354546000	usd
	pipr	Investmentincomeloss Investmentincomeloss	50462000	usd
CY2021Q2	us-gaap	Revenues Revenues	511344000	usd
	us-gaap	Revenues Revenues	707392000	usd
	us-gaap	Revenues Revenues	942731000	usd
CY2022Q2	pipr	Other Interest Expense OtherInterestExpense	2355000	usd
CY2021Q2	pipr	Other Interest Expense OtherInterestExpense	2696000	usd
	pipr	Other Interest Expense OtherInterestExpense	4556000	usd
	pipr	Other Interest Expense OtherInterestExpense	5476000	usd
CY2022Q2	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	352191000	usd
CY2021Q2	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	508648000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	702836000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	937255000	usd
CY2022Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	239917000	usd
CY2021Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	325252000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	487816000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	605580000	usd
CY2022Q2	us-gaap	Professional Fees ProfessionalFees	14429000	usd
CY2021Q2	us-gaap	Professional Fees ProfessionalFees	10593000	usd
	us-gaap	Professional Fees ProfessionalFees	25605000	usd
	us-gaap	Professional Fees ProfessionalFees	18268000	usd
CY2022Q2	us-gaap	Occupancy Net OccupancyNet	15562000	usd
CY2021Q2	us-gaap	Occupancy Net OccupancyNet	13720000	usd
	us-gaap	Occupancy Net OccupancyNet	30098000	usd
	us-gaap	Occupancy Net OccupancyNet	27742000	usd
CY2022Q2	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	13215000	usd
CY2021Q2	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	10026000	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	25640000	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	21834000	usd
CY2022Q2	us-gaap	Business Development BusinessDevelopment	12238000	usd
CY2021Q2	us-gaap	Business Development BusinessDevelopment	5114000	usd
	us-gaap	Business Development BusinessDevelopment	20870000	usd
	us-gaap	Business Development BusinessDevelopment	7181000	usd
CY2022Q2	pipr	Dealrelatedexpenses Dealrelatedexpenses	8308000	usd
CY2021Q2	pipr	Dealrelatedexpenses Dealrelatedexpenses	8710000	usd
	pipr	Dealrelatedexpenses Dealrelatedexpenses	13852000	usd
	pipr	Dealrelatedexpenses Dealrelatedexpenses	21141000	usd
CY2022Q2	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	5891000	usd
CY2021Q2	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	4207000	usd
	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	9926000	usd
	us-gaap	Floor Brokerage Exchange And Clearance Fees FloorBrokerageExchangeAndClearanceFees	8387000	usd
CY2022Q2	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	1609000	usd
CY2021Q2	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	3433000	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	2856000	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	3568000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3393000	usd
CY2021Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7520000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6314000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	44340000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	15040000	usd
CY2022Q2	us-gaap	Other Noninterest Expense OtherNoninterestExpense	469000	usd
CY2021Q2	us-gaap	Other Noninterest Expense OtherNoninterestExpense	6013000	usd
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	7062000	usd
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	11587000	usd
CY2022Q2	us-gaap	Noninterest Expense NoninterestExpense	315031000	usd
CY2021Q2	us-gaap	Noninterest Expense NoninterestExpense	394588000	usd
	us-gaap	Noninterest Expense NoninterestExpense	630039000	usd
	us-gaap	Noninterest Expense NoninterestExpense	740328000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	37160000	usd
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	114060000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	72797000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	196927000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9385000	usd
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	27066000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20364000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	27775000	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	86994000	usd
	us-gaap	Profit Loss ProfitLoss	52433000	usd
	us-gaap	Profit Loss ProfitLoss	152587000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	6385000	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	17173000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-5608000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	33307000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	21390000	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	69821000	usd
	us-gaap	Net Income Loss NetIncomeLoss	58041000	usd
	us-gaap	Net Income Loss NetIncomeLoss	119280000	usd
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.53
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.86
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.07
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	8.30
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.26
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.39
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.14
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.60
CY2021Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.45
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	5.70
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.70
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14018000	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14358000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14248000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14366000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16920000	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16951000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17106000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16709000	shares
CY2022Q2	us-gaap	Profit Loss ProfitLoss	27775000	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	86994000	usd
	us-gaap	Profit Loss ProfitLoss	52433000	usd
	us-gaap	Profit Loss ProfitLoss	152587000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1310000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	197000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1996000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	503000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	26465000	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	87191000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	50437000	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	153090000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	6385000	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	17173000	usd
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-5608000	usd
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	33307000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	20080000	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	70018000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	56045000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	119783000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1226855000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	24658000	usd
CY2022Q1	us-gaap	Dividends Dividends	81390000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	114048000	usd
CY2022Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	92945000	usd
CY2022Q1	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	20927000	usd
CY2022Q1	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	253000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-686000	usd
CY2022Q1	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	-13503000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1156363000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	27775000	usd
CY2022Q2	us-gaap	Dividends Dividends	8410000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	17612000	usd
CY2022Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	49991000	usd
CY2022Q2	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2022Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	331000	usd
CY2022Q2	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	465000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1310000	usd
CY2022Q2	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	35462000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1177635000	usd
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	926082000	usd
CY2021Q1	us-gaap	Profit Loss ProfitLoss	65593000	usd
CY2021Q1	us-gaap	Dividends Dividends	34551000	usd
CY2021Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	62691000	usd
CY2021Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	6218000	usd
CY2021Q1	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2021Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	12735000	usd
CY2021Q1	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	104000	usd
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	306000	usd
CY2021Q1	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	-10046000	usd
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	991226000	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	86994000	usd
CY2021Q2	us-gaap	Dividends Dividends	6456000	usd
CY2021Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	19775000	usd
CY2021Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	16856000	usd
CY2021Q2	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2021Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	361000	usd
CY2021Q2	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	453000	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	197000	usd
CY2021Q2	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	-2000	usd
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1074970000	usd
	us-gaap	Profit Loss ProfitLoss	52433000	usd
	us-gaap	Profit Loss ProfitLoss	152587000	usd
	us-gaap	Depreciation Depreciation	7328000	usd
	us-gaap	Depreciation Depreciation	5867000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	2162000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	14601000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	60438000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	78532000	usd
	pipr	Amortizationofintangibleassetsincludingcontinuinganddiscontinuedoperations Amortizationofintangibleassetsincludingcontinuinganddiscontinuedoperations	6314000	usd
	pipr	Amortizationofintangibleassetsincludingcontinuinganddiscontinuedoperations Amortizationofintangibleassetsincludingcontinuinganddiscontinuedoperations	15040000	usd
	pipr	Amortization Of Loans To Employees AmortizationOfLoansToEmployees	4148000	usd
	pipr	Amortization Of Loans To Employees AmortizationOfLoansToEmployees	2871000	usd
	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	-50855000	usd
	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	100754000	usd
	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	79639000	usd
	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	17119000	usd
	pipr	Increase Decreasein Investments Excluding Financial Instruments Owned IncreaseDecreaseinInvestmentsExcludingFinancialInstrumentsOwned	14972000	usd
	pipr	Increase Decreasein Investments Excluding Financial Instruments Owned IncreaseDecreaseinInvestmentsExcludingFinancialInstrumentsOwned	31951000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	31197000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	27271000	usd
	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	-2830000	usd
	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	-6183000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-493653000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-47879000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-7338000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	2120000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-450275000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	11259000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	33044000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	14357000	usd
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	14883000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-47401000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-14883000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	20000000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	89800000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	41007000	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	21959000	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-10048000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	164194000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	36170000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-232035000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-107225000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-3468000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	424000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-733179000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-110425000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	970965000	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	507935000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	237786000	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	397510000	usd
	us-gaap	Interest Paid Net InterestPaidNet	4468000	usd
	us-gaap	Interest Paid Net InterestPaidNet	5554000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	45128000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	59907000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2022Q2	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	4562000	usd
CY2021Q4	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	2831000	usd
CY2022Q2	pipr	Financial Instruments Owned Convertible Debt Securitiesat Fair Value FinancialInstrumentsOwnedConvertibleDebtSecuritiesatFairValue	133647000	usd
CY2021Q4	pipr	Financial Instruments Owned Convertible Debt Securitiesat Fair Value FinancialInstrumentsOwnedConvertibleDebtSecuritiesatFairValue	148057000	usd
CY2022Q2	us-gaap	Financial Instruments Owned Corporate Debt At Fair Value FinancialInstrumentsOwnedCorporateDebtAtFairValue	8442000	usd
CY2021Q4	us-gaap	Financial Instruments Owned Corporate Debt At Fair Value FinancialInstrumentsOwnedCorporateDebtAtFairValue	8687000	usd
CY2022Q2	pipr	Financial Instruments Owned Taxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedTaxableMunicipalBondsatFairValue	15226000	usd
CY2021Q4	pipr	Financial Instruments Owned Taxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedTaxableMunicipalBondsatFairValue	12377000	usd
CY2021Q4	pipr	Derivative Fair Valueof Securities Postedas Collateral DerivativeFairValueofSecuritiesPostedasCollateral	0	usd
CY2022Q2	pipr	Financial Instruments Owned Nontaxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedNontaxableMunicipalBondsatFairValue	160768000	usd
CY2021Q4	pipr	Financial Instruments Owned Nontaxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedNontaxableMunicipalBondsatFairValue	97891000	usd
CY2022Q2	pipr	Financial Instruments Owned Municipal Notesat Fair Value FinancialInstrumentsOwnedMunicipalNotesatFairValue	39551000	usd
CY2021Q4	pipr	Financial Instruments Owned Municipal Notesat Fair Value FinancialInstrumentsOwnedMunicipalNotesatFairValue	29357000	usd
CY2022Q2	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	0	usd
CY2021Q4	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	1277000	usd
CY2022Q2	pipr	Financial Instruments Owned Us Govtand Agency Obligationsat Fair Value FinancialInstrumentsOwnedUSGovtandAgencyObligationsatFairValue	40196000	usd
CY2021Q4	pipr	Financial Instruments Owned Us Govtand Agency Obligationsat Fair Value FinancialInstrumentsOwnedUSGovtandAgencyObligationsatFairValue	24361000	usd
CY2022Q2	pipr	Financial Instruments Owned Us Treasury Securitiesat Fair Value FinancialInstrumentsOwnedUSTreasurySecuritiesatFairValue	2891000	usd
CY2021Q4	pipr	Financial Instruments Owned Us Treasury Securitiesat Fair Value FinancialInstrumentsOwnedUSTreasurySecuritiesatFairValue	138000	usd
CY2022Q2	us-gaap	Financial Instruments Owned Derivatives And Other Contractual Agreements At Fair Value FinancialInstrumentsOwnedDerivativesAndOtherContractualAgreementsAtFairValue	16824000	usd
CY2021Q4	us-gaap	Financial Instruments Owned Derivatives And Other Contractual Agreements At Fair Value FinancialInstrumentsOwnedDerivativesAndOtherContractualAgreementsAtFairValue	23998000	usd
CY2022Q2	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	422107000	usd
CY2021Q4	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	348974000	usd
CY2022Q2	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Equities FinancialInstrumentsSoldNotYetPurchasedCorporateEquities	48184000	usd
CY2021Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Equities FinancialInstrumentsSoldNotYetPurchasedCorporateEquities	77744000	usd
CY2022Q2	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Debt FinancialInstrumentsSoldNotYetPurchasedCorporateDebt	8649000	usd
CY2021Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Debt FinancialInstrumentsSoldNotYetPurchasedCorporateDebt	4950000	usd
CY2022Q2	pipr	Financial Instruments Sold Notyet Purchased Us Treasury Securities FinancialInstrumentsSoldNotyetPurchasedUSTreasurySecurities	62909000	usd
CY2021Q4	pipr	Financial Instruments Sold Notyet Purchased Us Treasury Securities FinancialInstrumentsSoldNotyetPurchasedUSTreasurySecurities	41780000	usd
CY2022Q2	us-gaap	Financial Instruments Sold Not Yet Purchased Derivatives And Other Contracts FinancialInstrumentsSoldNotYetPurchasedDerivativesAndOtherContracts	2442000	usd
CY2021Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Derivatives And Other Contracts FinancialInstrumentsSoldNotYetPurchasedDerivativesAndOtherContracts	4216000	usd
CY2022Q2	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	122184000	usd
CY2021Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	128690000	usd
CY2022Q2	pipr	Derivative Fair Valueof Securities Postedas Collateral DerivativeFairValueofSecuritiesPostedasCollateral	0	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	144209000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	28600000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	2525000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3	0	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3	0	usd
CY2022Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings	2697000	usd
CY2022Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	8417000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	181398000	usd
CY2022Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Assets Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonAssetsHeldatPeriodEnd	10387000	usd
CY2022Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1120000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	570000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	0	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3	0	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3	0	usd
CY2022Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityRealizedGainLossIncludedInEarnings	570000	usd
CY2022Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	495000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1615000	usd
CY2022Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Liabilities Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonLiabilitiesHeldatPeriodEnd	1065000	usd
CY2021Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	156477000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	6749000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	799000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3	528000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3	39688000	usd
CY2021Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings	-1903000	usd
CY2021Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	14840000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	136204000	usd
CY2021Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Assets Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonAssetsHeldatPeriodEnd	14311000	usd
CY2021Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	119000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	203000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	29000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3	0	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3	0	usd
CY2021Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityRealizedGainLossIncludedInEarnings	173000	usd
CY2021Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	850000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	968000	usd
CY2021Q2	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Liabilities Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonLiabilitiesHeldatPeriodEnd	968000	usd
CY2021Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	143259000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	40123000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	20777000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3	0	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3	172000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings	15011000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	3954000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	181398000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Assets Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonAssetsHeldatPeriodEnd	17554000	usd
CY2021Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1898000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	570000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	680000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3	0	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3	0	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityRealizedGainLossIncludedInEarnings	-110000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	-283000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1615000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Liabilities Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonLiabilitiesHeldatPeriodEnd	1615000	usd
CY2020Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	153278000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	8067000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	21467000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3	528000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3	42617000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings	17453000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	20962000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	136204000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Assets Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonAssetsHeldatPeriodEnd	15823000	usd
CY2020Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	3706000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	3428000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	29000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3	0	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3	0	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityRealizedGainLossIncludedInEarnings	3398000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	-2737000	usd
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	968000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Unrealized Gain Losson Liabilities Heldat Period End FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisUnrealizedGainLossonLiabilitiesHeldatPeriodEnd	968000	usd
	us-gaap	Due To And From Broker Dealers And Clearing Organizations Disclosure DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure	<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Receivables from and Payables to Brokers, Dealers and Clearing Organizations</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:70.537%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.496%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.969%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.498%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">June 30,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Amounts in thousands)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Receivable from clearing organizations</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">193,933</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">226,731 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Receivable from brokers and dealers</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">8,447</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,056 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">3,836</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,343 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total receivables from brokers, dealers and clearing organizations</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">206,216</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">254,130 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:70.537%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.496%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.969%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.498%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">June 30,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Amounts in thousands)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Payable to brokers and dealers</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">10,417</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,247 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total payables to brokers, dealers and clearing organizations</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">10,417</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,247 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div>Under the Company's fully disclosed clearing agreement, all of its securities inventories with the exception of convertible securities, and all of its customer activities are held by or cleared through Pershing LLC ("Pershing"). The Company has established an arrangement to obtain financing from Pershing related to the majority of its trading activities. The Company also has a clearing arrangement with bank financing related to its convertible securities inventories. Financing under these arrangements is secured primarily by securities, and collateral limitations could reduce the amount of funding available under these arrangements. The funding is at their discretion and could be denied. The Company's clearing arrangement activities are recorded net from trading activity. The Company's fully disclosed clearing agreement includes a covenant requiring Piper Sandler to maintain excess net capital of $120 million.
CY2022Q2	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	193933000	usd
CY2021Q4	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	226731000	usd
CY2022Q2	us-gaap	Due From Correspondent Brokers DueFromCorrespondentBrokers	8447000	usd
CY2021Q4	us-gaap	Due From Correspondent Brokers DueFromCorrespondentBrokers	24056000	usd
CY2022Q2	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	3836000	usd
CY2021Q4	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	3343000	usd
CY2022Q2	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	206216000	usd
CY2021Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	254130000	usd
CY2022Q2	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	10417000	usd
CY2021Q4	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	13247000	usd
CY2022Q2	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	10417000	usd
CY2021Q4	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	13247000	usd
CY2022Q2	pipr	Other Investmentsat Fair Value OtherInvestmentsatFairValue	255102000	usd
CY2021Q4	pipr	Other Investmentsat Fair Value OtherInvestmentsatFairValue	239376000	usd
CY2022Q2	pipr	Investments At Cost InvestmentsAtCost	611000	usd
CY2021Q4	pipr	Investments At Cost InvestmentsAtCost	611000	usd
CY2022Q2	us-gaap	Equity Method Investments EquityMethodInvestments	11304000	usd
CY2021Q4	us-gaap	Equity Method Investments EquityMethodInvestments	12058000	usd
CY2022Q2	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	267017000	usd
CY2021Q4	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	252045000	usd
CY2022Q2	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	183538000	usd
CY2021Q4	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	164565000	usd
CY2022Q2	pipr	Investments Attributable To Parent InvestmentsAttributableToParent	83479000	usd
CY2021Q4	pipr	Investments Attributable To Parent InvestmentsAttributableToParent	87480000	usd
CY2022Q2	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	48333000	usd
CY2021Q4	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	51403000	usd
CY2022Q2	us-gaap	Due From Employees DueFromEmployees	20660000	usd
CY2021Q4	us-gaap	Due From Employees DueFromEmployees	12040000	usd
CY2022Q2	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	16410000	usd
CY2021Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	18989000	usd
CY2022Q2	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	36249000	usd
CY2021Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	28173000	usd
CY2022Q2	us-gaap	Other Assets OtherAssets	121652000	usd
CY2021Q4	us-gaap	Other Assets OtherAssets	110605000	usd
CY2021Q4	us-gaap	Goodwill Goodwill	227508000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	16813000	usd
CY2022Q2	us-gaap	Goodwill Goodwill	244321000	usd
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	119778000	usd
	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	20531000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6314000	usd
CY2022Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	133995000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	7406000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	10981000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	9069000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	7832000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	7202000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	6105000	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	48595000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	12839000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	24024000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	22793000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	21888000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	19846000	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	45354000	usd
CY2022Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y7M6D
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	146744000	usd
CY2022Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	6300000	usd
CY2021Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	5000000.0	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	12300000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	10700000	usd
CY2022Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	400000	usd
CY2021Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	200000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	700000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	400000	usd
CY2022Q2	us-gaap	Sublease Income SubleaseIncome	100000	usd
CY2021Q2	us-gaap	Sublease Income SubleaseIncome	100000	usd
	us-gaap	Sublease Income SubleaseIncome	200000	usd
	us-gaap	Sublease Income SubleaseIncome	400000	usd
CY2022Q2	us-gaap	Restructuring Charges RestructuringCharges	137000	usd
CY2021Q2	us-gaap	Restructuring Charges RestructuringCharges	3404000	usd
	us-gaap	Restructuring Charges RestructuringCharges	588000	usd
	us-gaap	Restructuring Charges RestructuringCharges	3404000	usd
CY2022Q2	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1472000	usd
CY2021Q2	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	29000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	2268000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	164000	usd
CY2022Q2	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	1609000	usd
CY2021Q2	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	3433000	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	2856000	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	3568000	usd
CY2022Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	157100000	usd
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	139073	shares
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	123096	shares
	pipr	Stock Repurchased To Satisfy Employees Tax Withholding StockRepurchasedToSatisfyEmployeesTaxWithholding	21300000	usd
	pipr	Stock Repurchased To Satisfy Employees Tax Withholding StockRepurchasedToSatisfyEmployeesTaxWithholding	13100000	usd
	pipr	Stock Issued During Period Shares Treasury Stock Reissued Share Based Compensation Netof Shares Paidfor Tax Withholding StockIssuedDuringPeriodSharesTreasuryStockReissuedShareBasedCompensationNetofSharesPaidforTaxWithholding	864875	shares
	pipr	Stock Issued During Period Shares Treasury Stock Reissued Share Based Compensation Netof Shares Paidfor Tax Withholding StockIssuedDuringPeriodSharesTreasuryStockReissuedShareBasedCompensationNetofSharesPaidforTaxWithholding	833238	shares
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	89800000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	0	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	0	usd
CY2022Q2	pipr	Number Of Share Based Compensation Plans NumberOfShareBasedCompensationPlans	3	plan
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	81667	shares
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	27600000	usd
CY2021Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	43900000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	59300000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	77600000	usd
CY2022Q2	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	300000	usd
CY2021Q2	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	1300000	usd
	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	300000	usd
	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	1300000	usd
CY2022Q2	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	3700000	usd
CY2021Q2	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	6600000	usd
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	7100000	usd
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	10700000	usd
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	81667	shares
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	99.00
CY2021	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P6Y1M6D
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	6493343	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	0	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	0	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	0
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	0	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice	0
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	81667	shares
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	99.00
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P5Y7M6D
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	1172738	usd
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	54444	shares
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	99.00
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P5Y7M6D
CY2022Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	781816	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	21390000	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	69821000	usd
	us-gaap	Net Income Loss NetIncomeLoss	58041000	usd
	us-gaap	Net Income Loss NetIncomeLoss	119280000	usd
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14018000	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14358000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14248000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14366000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16920000	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16951000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17106000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16709000	shares
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.53
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.86
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.07
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	8.30
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.26
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.39
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.14
CY2022Q2	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	234132000	usd
CY2021Q2	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	387147000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	491634000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	683221000	usd
CY2022Q2	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	104942000	usd
CY2021Q2	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	95830000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	209504000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	205318000	usd
CY2022Q2	us-gaap	Interest Income Operating InterestIncomeOperating	4536000	usd
CY2021Q2	us-gaap	Interest Income Operating InterestIncomeOperating	1673000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	8392000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	3730000	usd
CY2022Q2	pipr	Investmentincomeloss Investmentincomeloss	10936000	usd
CY2021Q2	pipr	Investmentincomeloss Investmentincomeloss	26694000	usd
	pipr	Investmentincomeloss Investmentincomeloss	-2138000	usd
	pipr	Investmentincomeloss Investmentincomeloss	50462000	usd
CY2022Q2	us-gaap	Revenues Revenues	354546000	usd
CY2021Q2	us-gaap	Revenues Revenues	511344000	usd
	us-gaap	Revenues Revenues	707392000	usd
	us-gaap	Revenues Revenues	942731000	usd
CY2022Q2	pipr	Other Interest Expense OtherInterestExpense	2355000	usd
CY2021Q2	pipr	Other Interest Expense OtherInterestExpense	2696000	usd
	pipr	Other Interest Expense OtherInterestExpense	4556000	usd
	pipr	Other Interest Expense OtherInterestExpense	5476000	usd
CY2022Q2	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	352191000	usd
CY2021Q2	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	508648000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	702836000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	937255000	usd
CY2022Q2	us-gaap	Noninterest Expense NoninterestExpense	315031000	usd
CY2021Q2	us-gaap	Noninterest Expense NoninterestExpense	394588000	usd
	us-gaap	Noninterest Expense NoninterestExpense	630039000	usd
	us-gaap	Noninterest Expense NoninterestExpense	740328000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	37160000	usd
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	114060000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	72797000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	196927000	usd
CY2022Q2	pipr	Operating Margin Percent OperatingMarginPercent	0.106
CY2021Q2	pipr	Operating Margin Percent OperatingMarginPercent	0.224
	pipr	Operating Margin Percent OperatingMarginPercent	0.104
	pipr	Operating Margin Percent OperatingMarginPercent	0.210
CY2022Q2	srt	Alternative Net Capital Requirement1 AlternativeNetCapitalRequirement1	1000000	usd
CY2022Q2	srt	Net Capital NetCapital	243100000	usd
CY2022Q2	srt	Alternative Excess Net Capital AlternativeExcessNetCapital	242100000	usd
	pipr	Employee Service Sharebased Compensation Tax Benefitasa Componentof Income Tax Expense Benefit EmployeeServiceSharebasedCompensationTaxBenefitasaComponentofIncomeTaxExpenseBenefit	4600000	usd
	pipr	Employee Service Sharebased Compensation Tax Benefitasa Componentof Income Tax Expense Benefit EmployeeServiceSharebasedCompensationTaxBenefitasaComponentofIncomeTaxExpenseBenefit	1400000	usd
CY2022Q2	srt	Alternative Net Capital Requirement1 AlternativeNetCapitalRequirement1	1000000	usd
CY2022Q2	srt	Net Capital NetCapital	243100000	usd
CY2022Q2	srt	Alternative Excess Net Capital AlternativeExcessNetCapital	242100000	usd

Files In Submission

Name	View Source	Status
0001230245-22-000114-index-headers.html	Edgar Link	pending
0001230245-22-000114-index.html	Edgar Link	pending
0001230245-22-000114.txt	Edgar Link	pending
0001230245-22-000114-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pipersandlerlogo4q19.gif	Edgar Link	pending
pipr-20220630.htm	Edgar Link	pending
pipr-20220630.xsd	Edgar Link	pending
pipr-20220630_cal.xml	Edgar Link	unprocessable
pipr-20220630_def.xml	Edgar Link	unprocessable
pipr-20220630_htm.xml	Edgar Link	completed
pipr-20220630_lab.xml	Edgar Link	unprocessable
pipr-20220630_pre.xml	Edgar Link	unprocessable
pscq22022ex101.htm	Edgar Link	pending
pscq22022ex311.htm	Edgar Link	pending
pscq22022ex312.htm	Edgar Link	pending
pscq22022ex321.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$PIPR
PIPER SANDLER COMPANIES Stock $pipr

2022 Q3 Form 10-Q Financial Statement

#000123024522000114 Filed on August 02, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PIPR PIPER SANDLER COMPANIES Stock $pipr

2022 Q3 Form 10-Q Financial Statement

#000123024522000114 Filed on August 02, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PIPR
PIPER SANDLER COMPANIES Stock $pipr