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Business Combinations (Details) (USD $)
6 Months Ended 1 Months Ended 1 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Veritable, LP
Y
Jun. 29, 2012
Veritable, LP
Jun. 29, 2012
Veritable, LP
High Net Worth
Jun. 30, 2012
Yacktman Asset Management Co
Y
Jun. 29, 2012
Yacktman Asset Management Co
Jun. 30, 2012
Yacktman Asset Management Co
Mutual Fund
Jun. 30, 2012
Yacktman Asset Management Co
High Net Worth
Business Combinations                  
Value of managed assets       $ 11,000,000,000     $ 17,000,000,000    
Goodwill percentage attributable to segments         100.00%     91.00% 9.00%
Tax deduction period for goodwill and client relationships amortization expense (in years)     15     15      
Purchase price allocations                  
Consideration paid       116,800,000     301,000,000    
Non-controlling interests       30,800,000     213,300,000    
Contingent payment arrangement             24,800,000    
Enterprise value       147,600,000     539,100,000    
Acquired client relationships       85,100,000     367,500,000    
Tangible assets, net       2,700,000     9,000,000    
Goodwill       59,800,000     162,600,000    
Total       147,600,000     539,100,000    
Maximum contingent payments to be made             75,000,000    
Contingencies amount to be recognized after period of acquisition, minimum (in years)           3      
Contingencies amount to be recognized after period of acquisition, maximum (in years)           5      
Projected amount of the contingent payment obligation             52,600,000    
Present value of fair value of the contingent payment obligation             (24,800,000)    
Unaudited pro forma financial results                  
Revenue 922,700,000 936,600,000              
Net Income (controlling interest) $ 56,000,000 $ 90,800,000              
Earnings per share - basic (in dollars per share) $ 1.09 $ 1.75              
Earnings per share - diluted (in dollars per share) $ 1.06 $ 1.70