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INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES - Investment Advisory Services (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Disaggregation of Revenue [Line Items]      
Net revenues $ 6,488.4 $ 7,671.9 $ 6,206.7
Average assets under management 1,398,400.0 1,599,300.0 1,247,900.0
Period end assets under management 1,274,700.0 1,687,800.0  
U.S. mutual funds      
Disaggregation of Revenue [Line Items]      
Net revenues 3,916.7 4,842.6 4,042.5
Average assets under management 705,700.0 856,600.0 687,700.0
Period end assets under management 627,800.0 871,400.0  
U.S. mutual funds | Equity      
Disaggregation of Revenue [Line Items]      
Average assets under management 424,900.0 540,400.0 417,000.0
Period end assets under management 369,800.0 553,900.0  
U.S. mutual funds | Fixed income, including money market      
Disaggregation of Revenue [Line Items]      
Average assets under management 81,000.0 86,400.0 76,800.0
Period end assets under management 73,800.0 85,300.0  
U.S. mutual funds | Multi-asset      
Disaggregation of Revenue [Line Items]      
Average assets under management 199,800.0 229,800.0 193,900.0
Period end assets under management 184,200.0 232,200.0  
Subadvised funds, separate accounts, collective investment trusts, and other investment products      
Disaggregation of Revenue [Line Items]      
Net revenues 2,444.7 2,709.2 2,053.2
Average assets under management 692,700.0 742,700.0 560,200.0
Period end assets under management 646,900.0 816,400.0  
Subadvised funds, separate accounts, collective investment trusts, and other investment products | Equity      
Disaggregation of Revenue [Line Items]      
Average assets under management 338,700.0 431,600.0 321,300.0
Period end assets under management 294,400.0 438,800.0  
Subadvised funds, separate accounts, collective investment trusts, and other investment products | Fixed income, including money market      
Disaggregation of Revenue [Line Items]      
Average assets under management 92,400.0 91,300.0 82,100.0
Period end assets under management 93,200.0 90,400.0  
Subadvised funds, separate accounts, collective investment trusts, and other investment products | Multi-asset      
Disaggregation of Revenue [Line Items]      
Average assets under management 218,900.0 219,800.0 156,800.0
Period end assets under management 215,900.0 245,500.0  
Subadvised funds, separate accounts, collective investment trusts, and other investment products | Alternatives      
Disaggregation of Revenue [Line Items]      
Average assets under management 42,700.0 0.0 0.0
Period end assets under management 43,400.0 41,700.0  
Other clients      
Disaggregation of Revenue [Line Items]      
Net revenues 127.0 120.1 111.0
Investment advisory fees      
Disaggregation of Revenue [Line Items]      
Net revenues 5,969.1 7,098.1 5,693.1
Investment advisory fees | U.S. mutual funds      
Disaggregation of Revenue [Line Items]      
Net revenues 3,486.2 4,388.9 3,639.9
Investment advisory fees | U.S. mutual funds | Equity      
Disaggregation of Revenue [Line Items]      
Net revenues 2,415.3 3,118.5 2,440.4
Investment advisory fees | U.S. mutual funds | Fixed income, including money market      
Disaggregation of Revenue [Line Items]      
Net revenues 261.4 245.2 266.5
Investment advisory fees | U.S. mutual funds | Multi-asset      
Disaggregation of Revenue [Line Items]      
Net revenues 809.5 1,025.2 933.0
Investment advisory fees | Subadvised funds, separate accounts, collective investment trusts, and other investment products      
Disaggregation of Revenue [Line Items]      
Net revenues 2,482.9 2,709.2 2,053.2
Investment advisory fees | Subadvised funds, separate accounts, collective investment trusts, and other investment products | Equity and blended assets      
Disaggregation of Revenue [Line Items]      
Net revenues 1,344.4 1,781.4 1,326.3
Investment advisory fees | Subadvised funds, separate accounts, collective investment trusts, and other investment products | Fixed income, including money market      
Disaggregation of Revenue [Line Items]      
Net revenues 166.0 164.6 149.3
Investment advisory fees | Subadvised funds, separate accounts, collective investment trusts, and other investment products | Multi-asset      
Disaggregation of Revenue [Line Items]      
Net revenues 699.4 763.2 577.6
Investment advisory fees | Subadvised funds, separate accounts, collective investment trusts, and other investment products | Alternatives      
Disaggregation of Revenue [Line Items]      
Net revenues 273.1 0.0 0.0
Investment advisory fees | Other clients      
Disaggregation of Revenue [Line Items]      
Net revenues 0.0 0.0 0.0
Administrative fees      
Disaggregation of Revenue [Line Items]      
Net revenues 481.4 453.5 402.3
Administrative fees | U.S. mutual funds      
Disaggregation of Revenue [Line Items]      
Net revenues 338.3 333.4 291.3
Administrative fees | Subadvised funds, separate accounts, collective investment trusts, and other investment products      
Disaggregation of Revenue [Line Items]      
Net revenues 16.1 0.0 0.0
Administrative fees | Other clients      
Disaggregation of Revenue [Line Items]      
Net revenues 127.0 120.1 111.0
Distribution and servicing fees      
Disaggregation of Revenue [Line Items]      
Net revenues 92.2 120.3 111.3
Distribution and servicing fees | U.S. mutual funds      
Disaggregation of Revenue [Line Items]      
Net revenues 92.2 120.3 111.3
Distribution and servicing fees | Subadvised funds, separate accounts, collective investment trusts, and other investment products      
Disaggregation of Revenue [Line Items]      
Net revenues 0.0 0.0 0.0
Distribution and servicing fees | Other clients      
Disaggregation of Revenue [Line Items]      
Net revenues 0.0 0.0 0.0
Capital allocation-based income      
Disaggregation of Revenue [Line Items]      
Net revenues (54.3) $ 0.0 $ 0.0
Capital allocation-based income | U.S. mutual funds      
Disaggregation of Revenue [Line Items]      
Net revenues 0.0    
Capital allocation-based income | Subadvised funds, separate accounts, collective investment trusts, and other investment products      
Disaggregation of Revenue [Line Items]      
Net revenues (54.3)    
Capital allocation-based income | Other clients      
Disaggregation of Revenue [Line Items]      
Net revenues $ 0.0