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Goodwill and Acquired Client Relationships (Tables)
9 Months Ended
Sep. 30, 2012
Goodwill and Acquired Client Relationships  
Schedule of changes in goodwill

 

 

 
  Mutual Fund   Institutional   High Net Worth   Total  

Balance, as of December 31, 2011

  $ 785.0   $ 1,071.4   $ 260.9   $ 2,117.3  

Goodwill acquired

    147.6     0.2     74.6     222.4  

Foreign currency translation

    2.9     6.7     4.0     13.6  
                   

Balance, as of September 30, 2012

  $ 935.5   $ 1,078.3   $ 339.5   $ 2,353.3  
                   

        

Schedule of changes in and the components of acquired client relationships

 

 

 
  Acquired Client Relationships  
 
  Definite-lived   Indefinite-lived   Total  
 
  Gross Book
Value
  Accumulated
Amortization
  Net Book
Value
  Net Book
Value
  Net Book
Value
 

Balance as of December 31, 2011

  $ 970.5   $ (317.0 ) $ 653.5   $ 667.6   $ 1,321.1  

New Investments

    131.1         131.1     321.5     452.6  

Amortization and impairment

        (66.9 )   (66.9 )   (102.2 )   (169.1 )

Foreign currency translation

    1.3         1.3     9.4     10.7  

Transfer

    38.2         38.2     (38.2 )    
                       

Balance as of September 30, 2012

  $ 1,141.1   $ (383.9 ) $ 757.2   $ 858.1   $ 1,615.3