$PIPR
PIPER SANDLER COMPANIES Stock $pipr

$pipr Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000123024523000154 Filed on November 03, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$474.2M	$292.0M
YoY Change	20.56%	-12.67%
Cost Of Revenue	$7.696M	$7.410M
YoY Change	4.3%	-5.05%
Gross Profit	$466.5M	$284.6M
YoY Change	20.87%	-12.85%
Gross Profit Margin	98.38%	97.46%
Selling, General & Admin	$351.6M	$257.7M
YoY Change	10.91%	-10.31%
% of Gross Profit	75.38%	90.54%
Research & Development		$12.88M
YoY Change		3.36%
% of Gross Profit		4.53%
Depreciation & Amortization	$4.799M	$9.383M
YoY Change	-49.66%	148.95%
% of Gross Profit	1.03%	3.3%
Operating Expenses	$376.8M	$12.88M
YoY Change	10.45%	3.36%
Operating Profit	$89.69M	$271.7M
YoY Change	100.26%	-13.5%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$85.85M	-$3.450M
YoY Change	101.19%	-118.25%
Income Tax	$21.27M	$10.23M
% Of Pretax Income	24.78%
Net Earnings	$52.03M	$3.878M
YoY Change	36.54%	-73.31%
Net Earnings / Revenue	10.97%	1.33%
Basic Earnings Per Share	$3.44	$0.26
Diluted Earnings Per Share	$3.00	$0.22
COMMON SHARES
Basic Shares Outstanding	17.71M shares	17.75M shares
Diluted Shares Outstanding	17.37M shares	17.26M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$383.1M	$51.88M
YoY Change	4.78%	-81.1%
Cash & Equivalents	$383.1M	$51.88M
Short-Term Investments
Other Short-Term Assets	$22.40M	$22.79M
YoY Change	20.0%	12.03%
Inventory
Prepaid Expenses
Receivables	$208.3M	$334.8M
Other Receivables	$37.39M	$64.49M
Total Short-Term Assets	$651.2M	$473.9M
YoY Change	-10.47%	-18.01%
LONG-TERM ASSETS
Property, Plant & Equipment	$60.77M	$63.13M
YoY Change	-10.92%	-2.18%
Goodwill	$301.8M	$301.8M
YoY Change	0.2%	23.69%
Intangibles	$116.2M	$121.0M
YoY Change	-14.33%	-7.37%
Long-Term Investments	$11.89M	$11.84M
YoY Change	4.95%	8.88%
Other Assets	$613.8M	$633.5M
YoY Change	15.59%	4.3%
Total Long-Term Assets	$1.490B	$1.491B
YoY Change	2.45%	1.89%
TOTAL ASSETS
Total Short-Term Assets	$651.2M	$473.9M
Total Long-Term Assets	$1.490B	$1.491B
Total Assets	$2.141B	$1.965B
YoY Change	-1.86%	-3.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$661.6M	$468.9M
YoY Change	-10.25%	-21.77%
Deferred Revenue
YoY Change
Short-Term Debt	$30.00M	$140.8M
YoY Change	-50.69%	44.12%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$841.5M	$621.6M
YoY Change	4.86%	-14.15%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$125.0M
YoY Change	-100.0%	0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$125.0M
YoY Change	-100.0%	0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$841.5M	$621.6M
Total Long-Term Liabilities	$0.00	$125.0M
Total Liabilities	$841.5M	$746.6M
YoY Change	-9.27%	-12.07%
SHAREHOLDERS EQUITY
Retained Earnings	$454.4M	$412.6M
YoY Change	0.23%	-2.63%
Common Stock	$988.3M	$984.9M
YoY Change	-5.42%	-3.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.085B	$1.034B
YoY Change
Total Liabilities & Shareholders Equity	$2.141B	$1.965B
YoY Change	-1.86%	-3.75%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	$52.03M	$3.878M
YoY Change	36.54%	-73.31%
Depreciation, Depletion And Amortization	$4.799M	$9.383M
YoY Change	-49.66%	148.95%
Cash From Operating Activities	$423.0M	$27.26M
YoY Change	163.11%	-57.81%
INVESTING ACTIVITIES
Capital Expenditures	$1.763M	$3.590M
YoY Change	-70.87%	-135.23%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change	-100.0%
Cash From Investing Activities	-$1.763M	-$3.590M
YoY Change	-97.46%	-64.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-91.22M	-37.79M
YoY Change	3888.68%	140.16%
NET CHANGE
Cash From Operating Activities	423.0M	27.26M
Cash From Investing Activities	-1.763M	-3.590M
Cash From Financing Activities	-91.22M	-37.79M
Net Change In Cash	330.0M	-14.13M
YoY Change	270.93%	-136.53%
FREE CASH FLOW
Cash From Operating Activities	$423.0M	$27.26M
Capital Expenditures	$1.763M	$3.590M
Free Cash Flow	$421.2M	$23.67M
YoY Change	172.27%	-68.36%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	120996000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	135637000	usd
CY2023Q3	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	189440000	usd
CY2022Q4	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	200687000	usd
CY2023Q3	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	270228000	usd
CY2022Q4	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	285726000	usd
CY2023Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	193801000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	191002000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	70387000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	87730000	usd
CY2023Q3	us-gaap	Long Term Debt LongTermDebt	125000000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	125000000	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	88785000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	75759000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	63130000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	68220000	usd
CY2023Q3	us-gaap	Goodwill Goodwill	301760000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	301151000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	145688000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	131047000	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	12809000	usd
CY2023Q3	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2023Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	3903000	usd
CY2023Q3	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	125000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1209000	usd
CY2023Q3	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	-23812000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1218728000	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
CY2022Q3	us-gaap	Profit Loss ProfitLoss	10733000	usd
CY2022Q3	us-gaap	Dividends Dividends	9214000	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	20936000	usd
CY2022Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	18853000	usd
CY2022Q3	pipr	Adjustmentsfor Stock Issued During Period Value Treasury Stock Reissued Restricted Stock Vestings AdjustmentsforStockIssuedDuringPeriodValueTreasuryStockReissuedRestrictedStockVestings	0	usd
CY2022Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2755000	usd
CY2022Q3	us-gaap	Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued	85000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-884000	usd
CY2022Q3	pipr	Noncontrolling Interest Increase Decrease From Capital Contributionsnetofwithdrawals NoncontrollingInterestIncreaseDecreaseFromCapitalContributionsnetofwithdrawals	15086000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1192769000	usd
	us-gaap	Profit Loss ProfitLoss	34400000	usd
	us-gaap	Profit Loss ProfitLoss	63166000	usd
	us-gaap	Depreciation Depreciation	13530000	usd
	us-gaap	Depreciation Depreciation	11398000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	3168000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	8623000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	62747000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	92654000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14641000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10083000	usd
	pipr	Amortization Of Loans To Employees AmortizationOfLoansToEmployees	7722000	usd
	pipr	Amortization Of Loans To Employees AmortizationOfLoansToEmployees	6717000	usd
	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	37632000	usd
	us-gaap	Increase Decrease In Brokerage Receivables IncreaseDecreaseInBrokerageReceivables	-22328000	usd
	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	19689000	usd
	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	122552000	usd
	pipr	Increase Decreasein Investments Excluding Financial Instruments Owned IncreaseDecreaseinInvestmentsExcludingFinancialInstrumentsOwned	-15498000	usd
	pipr	Increase Decreasein Investments Excluding Financial Instruments Owned IncreaseDecreaseinInvestmentsExcludingFinancialInstrumentsOwned	24030000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-893000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	24697000	usd
	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	7207000	usd
	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	13677000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-246241000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-420730000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	2714000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-5069000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-147378000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-385678000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	33044000	usd
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	8288000	usd
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	24547000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8288000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-57591000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	74208000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	99014000	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-16537000	usd
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	37045000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	67620000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	185802000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-158365000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-247771000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	282000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-5436000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-313749000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-696476000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	365624000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	970965000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	51875000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	274489000	usd
	us-gaap	Interest Paid Net InterestPaidNet	7750000	usd
	us-gaap	Interest Paid Net InterestPaidNet	7211000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	21646000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	60287000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2022Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	335253000	usd
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	1102571000	usd
CY2022Q3	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	3025000	usd
	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	67313000	usd
CY2023Q3	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	0	usd
CY2022Q4	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	1490000	usd
CY2023Q3	pipr	Financial Instruments Owned Convertible Debt Securitiesat Fair Value FinancialInstrumentsOwnedConvertibleDebtSecuritiesatFairValue	100313000	usd
CY2022Q4	pipr	Financial Instruments Owned Convertible Debt Securitiesat Fair Value FinancialInstrumentsOwnedConvertibleDebtSecuritiesatFairValue	94552000	usd
CY2023Q3	us-gaap	Financial Instruments Owned Corporate Debt At Fair Value FinancialInstrumentsOwnedCorporateDebtAtFairValue	28200000	usd
CY2022Q4	us-gaap	Financial Instruments Owned Corporate Debt At Fair Value FinancialInstrumentsOwnedCorporateDebtAtFairValue	4103000	usd
CY2023Q3	pipr	Financial Instruments Owned Taxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedTaxableMunicipalBondsatFairValue	40954000	usd
CY2022Q4	pipr	Financial Instruments Owned Taxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedTaxableMunicipalBondsatFairValue	28389000	usd
CY2023Q3	pipr	Financial Instruments Owned Nontaxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedNontaxableMunicipalBondsatFairValue	148480000	usd
CY2022Q4	pipr	Financial Instruments Owned Nontaxable Municipal Bondsat Fair Value FinancialInstrumentsOwnedNontaxableMunicipalBondsatFairValue	151465000	usd
CY2023Q3	pipr	Financial Instruments Owned Municipal Notesat Fair Value FinancialInstrumentsOwnedMunicipalNotesatFairValue	27442000	usd
CY2022Q4	pipr	Financial Instruments Owned Municipal Notesat Fair Value FinancialInstrumentsOwnedMunicipalNotesatFairValue	14386000	usd
CY2023Q3	pipr	Financial Instruments Owned Us Govtand Agency Obligationsat Fair Value FinancialInstrumentsOwnedUSGovtandAgencyObligationsatFairValue	80133000	usd
CY2022Q4	pipr	Financial Instruments Owned Us Govtand Agency Obligationsat Fair Value FinancialInstrumentsOwnedUSGovtandAgencyObligationsatFairValue	28874000	usd
CY2023Q3	pipr	Financial Instruments Owned Us Treasury Securitiesat Fair Value FinancialInstrumentsOwnedUSTreasurySecuritiesatFairValue	2805000	usd
CY2022Q4	pipr	Financial Instruments Owned Us Treasury Securitiesat Fair Value FinancialInstrumentsOwnedUSTreasurySecuritiesatFairValue	3800000	usd
CY2023Q3	us-gaap	Financial Instruments Owned Derivatives And Other Contractual Agreements At Fair Value FinancialInstrumentsOwnedDerivativesAndOtherContractualAgreementsAtFairValue	11351000	usd
CY2022Q4	us-gaap	Financial Instruments Owned Derivatives And Other Contractual Agreements At Fair Value FinancialInstrumentsOwnedDerivativesAndOtherContractualAgreementsAtFairValue	12920000	usd
CY2023Q3	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	439678000	usd
CY2022Q4	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	339979000	usd
CY2023Q3	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Equities FinancialInstrumentsSoldNotYetPurchasedCorporateEquities	41012000	usd
CY2022Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Equities FinancialInstrumentsSoldNotYetPurchasedCorporateEquities	15376000	usd
CY2023Q3	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Debt FinancialInstrumentsSoldNotYetPurchasedCorporateDebt	2348000	usd
CY2022Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Corporate Debt FinancialInstrumentsSoldNotYetPurchasedCorporateDebt	3894000	usd
CY2023Q3	pipr	Financial Instruments Sold Notyet Purchased Us Govtand Agency Obligations FinancialInstrumentsSoldNotyetPurchasedUSGovtandAgencyObligations	42791000	usd
CY2022Q4	pipr	Financial Instruments Sold Notyet Purchased Us Govtand Agency Obligations FinancialInstrumentsSoldNotyetPurchasedUSGovtandAgencyObligations	0	usd
CY2023Q3	pipr	Financial Instruments Sold Notyet Purchased Us Treasury Securities FinancialInstrumentsSoldNotyetPurchasedUSTreasurySecurities	52306000	usd
CY2022Q4	pipr	Financial Instruments Sold Notyet Purchased Us Treasury Securities FinancialInstrumentsSoldNotyetPurchasedUSTreasurySecurities	36415000	usd
CY2023Q3	us-gaap	Financial Instruments Sold Not Yet Purchased Derivatives And Other Contracts FinancialInstrumentsSoldNotYetPurchasedDerivativesAndOtherContracts	2389000	usd
CY2022Q4	us-gaap	Financial Instruments Sold Not Yet Purchased Derivatives And Other Contracts FinancialInstrumentsSoldNotYetPurchasedDerivativesAndOtherContracts	5151000	usd
CY2023Q3	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	140846000	usd
CY2022Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	60836000	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	194750000	usd
CY2022Q3	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	3171000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1615000	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	655000	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	0	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3	0	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3	0	usd
CY2022Q3	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityRealizedGainLossIncludedInEarnings	655000	usd
CY2022Q3	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	-660000	usd
CY2023Q3	pipr	Derivative Fair Valueof Securities Postedas Collateral DerivativeFairValueofSecuritiesPostedasCollateral	0	usd
CY2022Q4	pipr	Derivative Fair Valueof Securities Postedas Collateral DerivativeFairValueofSecuritiesPostedasCollateral	0	usd
CY2023Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	214054000	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	9644000	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	19191000	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3	0	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3	0	usd
CY2023Q3	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings	14086000	usd
CY2023Q3	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	1461000	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	220054000	usd
CY2023Q3	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	15850000	usd
CY2023Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	730000	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	0	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	60000	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3	0	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3	0	usd
CY2023Q3	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityRealizedGainLossIncludedInEarnings	-60000	usd
CY2023Q3	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	2344000	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	3074000	usd
CY2023Q3	us-gaap	Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	3035000	usd
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	181398000	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	13777000	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	2338000	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3	0	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3	0	usd
CY2022Q3	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings	2138000	usd
CY2022Q3	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	-225000	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	955000	usd
CY2022Q3	us-gaap	Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	955000	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	200488000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	28700000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	28216000	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	14691000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings	15716000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	18057000	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	220054000	usd
	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	27423000	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	1082000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues	1493000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	140000	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	1353000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	1992000	usd
CY2023Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	3074000	usd
	us-gaap	Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	3074000	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	53700000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	18252000	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	12486000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainLossIncludedInEarnings	3729000	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	194750000	usd
	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	17329000	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	0	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	-680000	usd
	pipr	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Unrealized Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityUnrealizedGainLossIncludedInEarnings	-943000	usd
CY2022Q3	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	955000	usd
	us-gaap	Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	955000	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><td style="width:70.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.496%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.969%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></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%">September 30,</span></td><td colspan="3" style="padding:0 1pt"></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%">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%">2023</span></td><td colspan="3" style="padding:0 1pt"></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></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">317,768</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</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%">285,957 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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%">17,020</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><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></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:400;line-height:100%">10,942 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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%">3,307</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><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></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:400;line-height:100%">3,564 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></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%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">338,095</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</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%">300,463 </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></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><td style="width:70.537%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.496%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.969%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></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%">September 30,</span></td><td colspan="3" style="padding:0 1pt"></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%">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%">2023</span></td><td colspan="3" style="padding:0 1pt"></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></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">11,829</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</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%">4,622 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">11,829</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</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%">4,622 </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></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.
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	11400000	usd
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	10600000	usd
CY2023Q3	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	90493000	usd
CY2022Q3	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	89711000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	274644000	usd
CY2023Q3	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	317768000	usd
CY2022Q4	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	285957000	usd
CY2023Q3	us-gaap	Due From Correspondent Brokers DueFromCorrespondentBrokers	17020000	usd
CY2022Q4	us-gaap	Due From Correspondent Brokers DueFromCorrespondentBrokers	10942000	usd
CY2023Q3	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	3307000	usd
CY2022Q4	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	3564000	usd
CY2023Q3	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	338095000	usd
CY2022Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	300463000	usd
CY2023Q3	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	11829000	usd
CY2022Q4	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	4622000	usd
CY2023Q3	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	11829000	usd
CY2022Q4	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	4622000	usd
CY2023Q3	pipr	Other Investmentsat Fair Value OtherInvestmentsatFairValue	258110000	usd
CY2022Q4	pipr	Other Investmentsat Fair Value OtherInvestmentsatFairValue	273892000	usd
CY2023Q3	pipr	Investments At Cost InvestmentsAtCost	281000	usd
CY2022Q4	pipr	Investments At Cost InvestmentsAtCost	509000	usd
CY2023Q3	us-gaap	Equity Method Investments EquityMethodInvestments	11837000	usd
CY2022Q4	us-gaap	Equity Method Investments EquityMethodInvestments	11325000	usd
CY2023Q3	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	270228000	usd
CY2022Q4	pipr	Investments Excluding Financial Instruments Owned InvestmentsExcludingFinancialInstrumentsOwned	285726000	usd
CY2023Q3	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	189440000	usd
CY2022Q4	pipr	Investments Attributable To Noncontrolling Interest InvestmentsAttributableToNoncontrollingInterest	200687000	usd
CY2023Q3	pipr	Investments Attributable To Parent InvestmentsAttributableToParent	80788000	usd
CY2022Q4	pipr	Investments Attributable To Parent InvestmentsAttributableToParent	85039000	usd
CY2023Q3	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	46467000	usd
CY2022Q4	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	42645000	usd
CY2023Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	22791000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	18664000	usd
CY2023Q3	us-gaap	Income Tax Receivable IncomeTaxReceivable	14715000	usd
CY2022Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	0	usd
CY2023Q3	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	16224000	usd
CY2022Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	24049000	usd
CY2023Q3	us-gaap	Other Assets OtherAssets	115387000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	106025000	usd
CY2023Q3	us-gaap	Loss Contingency Range Of Possible Loss Portion Not Accrued LossContingencyRangeOfPossibleLossPortionNotAccrued	5000000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	580037000	usd
	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	733061000	usd
CY2023Q3	us-gaap	Restructuring Charges RestructuringCharges	0	usd
CY2022Q3	us-gaap	Restructuring Charges RestructuringCharges	5495000	usd
	us-gaap	Restructuring Charges RestructuringCharges	3833000	usd
	us-gaap	Restructuring Charges RestructuringCharges	6083000	usd
CY2023Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	usd
CY2022Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	972000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	70000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	3240000	usd
CY2023Q3	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	0	usd
CY2022Q3	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	6467000	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	3903000	usd
	pipr	Restructuring Chargesand Integration Related Costs RestructuringChargesandIntegrationRelatedCosts	9323000	usd
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	74200000	usd
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	1245013	shares
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	0	usd
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	161800000	usd
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	0
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	129.95
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	474354	shares
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	161364	shares
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	67600000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	24000000.0	usd
	pipr	Share Based Payment Arrangement Shares Withheld For Tax Withholding Obligation Average Price Per Share ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAveragePricePerShare	142.55
	pipr	Share Based Payment Arrangement Shares Withheld For Tax Withholding Obligation Average Price Per Share ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligationAveragePricePerShare	148.82
	pipr	Stock Issued During Period Shares Treasury Stock Reissued Share Based Compensation Netof Shares Paidfor Tax Withholding StockIssuedDuringPeriodSharesTreasuryStockReissuedShareBasedCompensationNetofSharesPaidforTaxWithholding	1916220	shares
	pipr	Stock Issued During Period Shares Treasury Stock Reissued Share Based Compensation Netof Shares Paidfor Tax Withholding StockIssuedDuringPeriodSharesTreasuryStockReissuedShareBasedCompensationNetofSharesPaidforTaxWithholding	929770	shares
CY2023Q3	pipr	Number Of Share Based Compensation Plans NumberOfShareBasedCompensationPlans	3	plan
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	156667	shares
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	21500000	usd
CY2022Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	32200000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	61600000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	91500000	usd
CY2023Q3	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	200000	usd
CY2022Q3	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	1200000	usd
	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	1000000.0	usd
	us-gaap	Restricted Stock Award Forfeitures RestrictedStockAwardForfeitures	1500000	usd
CY2023Q3	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	3300000	usd
CY2022Q3	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	3500000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	3878000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	14532000	usd
	us-gaap	Net Income Loss NetIncomeLoss	33466000	usd
	us-gaap	Net Income Loss NetIncomeLoss	72573000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15105000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	13775000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14895000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14089000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17256000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16733000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17176000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16980000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.25
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.15
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.22
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.87
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.95
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.27
CY2023Q3	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	211666000	usd
CY2022Q3	us-gaap	Investment Banking Revenue InvestmentBankingRevenue	241427000	usd
	pipr	Institutional Brokerage Revenue InstitutionalBrokerageRevenue	299215000	usd
CY2023Q3	us-gaap	Interest Income Operating InterestIncomeOperating	6980000	usd
CY2022Q3	us-gaap	Interest Income Operating InterestIncomeOperating	5454000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	19421000	usd
	us-gaap	Interest Income Operating InterestIncomeOperating	13846000	usd
CY2023Q3	pipr	Investmentincomeloss Investmentincomeloss	-17108000	usd
CY2022Q3	pipr	Investmentincomeloss Investmentincomeloss	-2190000	usd
	pipr	Investmentincomeloss Investmentincomeloss	9804000	usd
	pipr	Investmentincomeloss Investmentincomeloss	-4328000	usd
CY2023Q3	us-gaap	Revenues Revenues	292031000	usd
CY2022Q3	us-gaap	Revenues Revenues	334402000	usd
	us-gaap	Revenues Revenues	883906000	usd
	us-gaap	Revenues Revenues	1041794000	usd
CY2023Q3	pipr	Other Interest Expense OtherInterestExpense	2546000	usd
CY2022Q3	pipr	Other Interest Expense OtherInterestExpense	2649000	usd
	pipr	Other Interest Expense OtherInterestExpense	7790000	usd
	pipr	Other Interest Expense OtherInterestExpense	7205000	usd
CY2023Q3	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	289485000	usd
CY2022Q3	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	331753000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	876116000	usd
	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	1034589000	usd
CY2023Q3	us-gaap	Noninterest Expense NoninterestExpense	292935000	usd
CY2022Q3	us-gaap	Noninterest Expense NoninterestExpense	312851000	usd
	us-gaap	Noninterest Expense NoninterestExpense	839376000	usd
	us-gaap	Noninterest Expense NoninterestExpense	942890000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3450000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	18902000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	36740000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	91699000	usd
CY2023Q3	pipr	Operating Margin Percent OperatingMarginPercent	-0.012
CY2022Q3	pipr	Operating Margin Percent OperatingMarginPercent	0.057
	pipr	Operating Margin Percent OperatingMarginPercent	0.042
	pipr	Operating Margin Percent OperatingMarginPercent	0.089
CY2023Q3	srt	Alternative Net Capital Requirement1 AlternativeNetCapitalRequirement1	1000000	usd
CY2023Q3	srt	Net Capital NetCapital	156600000	usd
CY2023Q3	srt	Alternative Excess Net Capital AlternativeExcessNetCapital	155600000	usd
CY2023Q3	us-gaap	Long Term Debt LongTermDebt	125000000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	125000000	usd

Files In Submission

Name	View Source	Status
0001230245-23-000154-index-headers.html	Edgar Link	pending
0001230245-23-000154-index.html	Edgar Link	pending
0001230245-23-000154.txt	Edgar Link	pending
0001230245-23-000154-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pipr-20230930.htm	Edgar Link	pending
pipr-20230930.xsd	Edgar Link	pending
pscq32023ex311.htm	Edgar Link	pending
pscq32023ex312.htm	Edgar Link	pending
pscq32023ex321.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R15.htm	Edgar Link	pending
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R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
pipr-20230930_cal.xml	Edgar Link	unprocessable
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$PIPR
PIPER SANDLER COMPANIES Stock $pipr

2023 Q4 Form 10-Q Financial Statement

#000123024523000154 Filed on November 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

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$PIPR PIPER SANDLER COMPANIES Stock $pipr

2023 Q4 Form 10-Q Financial Statement

#000123024523000154 Filed on November 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PIPR
PIPER SANDLER COMPANIES Stock $pipr