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Business Combinations (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended 0 Months Ended 0 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Jun. 29, 2012
Veritable, LP
Jun. 29, 2012
Veritable, LP
High Net Worth
Jun. 29, 2012
Yacktman
Dec. 31, 2012
Yacktman
Jun. 29, 2012
Yacktman
Mutual Fund
Jun. 29, 2012
Yacktman
High Net Worth
Business Combinations                
Goodwill percentage attributable to segments       100.00%     91.00% 9.00%
Tax deduction period for goodwill and client relationships amortization expense     15 years   15 years      
Maximum contingent payments to be made           $ 75.0    
Contingencies amount to be recognized after period of acquisition, minimum           3 years    
Contingencies amount to be recognized after period of acquisition, maximum           5 years    
Projected amount of the contingent payment obligation           55.6    
Purchase price allocations                
Consideration paid     116.8   301.0      
Non-controlling interests     30.2   217.4      
Contingent payment obligations         24.8 (31.0)    
Enterprise value     147.0   543.2      
Acquired client relationships     85.1   367.5      
Tangible assets, net     2.7   9.0      
Goodwill     59.2   166.7      
Total     147.0   543.2      
Unaudited pro forma financial results                
Revenue 1,881.0 1,810.9            
Net Income (controlling interest) 186.0 179.6            
Earnings per share - basic (in dollars per share) $ 3.60 $ 3.47            
Earnings per share - diluted (in dollars per share) $ 3.51 $ 3.39            
New Affiliate investments contribution                
New Affiliate investments contributed revenue 88.0              
New Affiliate investments contributed earnings $ 14.5