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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Schedule of segment information
Statements of Income
 
Three Months Ended June 30, 2012
 
Institutional
 
Mutual Fund
 
High Net Worth
 
Total
Revenue
$
219.5

 
$
173.3

 
$
36.8

 
$
429.6

Operating expenses:
 
 
 
 
 
 
 
Depreciation, intangible amortization and impairments
18.8

 
97.7

 
1.8

 
118.3

Other operating expenses
139.8

 
123.3

 
23.2

 
286.3

 
158.6

 
221.0

 
25.0

 
404.6

Operating income
60.9

 
(47.7
)
 
11.8

 
25.0

Income from equity method investments
9.3

 
2.8

 
1.3

 
13.4

Other non-operating (income) and expenses:
 
 
 
 
 
 
 
Investment and other income
(3.0
)
 
(0.3
)
 
0.3

 
(3.0
)
Interest expense
10.9

 
5.9

 
1.7

 
18.5

Imputed interest and contingent payment arrangements
(17.5
)
 
(22.7
)
 
0.2

 
(40.0
)
 
(9.6
)
 
(17.1
)
 
2.2

 
(24.5
)
Income before income taxes
79.8

 
(27.8
)
 
10.9

 
62.9

Income taxes
18.0

 
(18.1
)
 
2.1

 
2.0

Net income
61.8

 
(9.7
)
 
8.8

 
60.9

Net income (non-controlling interests)
(28.4
)
 
(21.6
)
 
(4.3
)
 
(54.3
)
Net income (loss) (controlling interest)
$
33.4

 
$
(31.3
)
 
$
4.5

 
$
6.6

 
Three Months Ended June 30, 2013
 
Institutional
 
Mutual Fund
 
High Net Worth
 
Total
Revenue
$
241.7

 
$
245.8

 
$
53.5

 
$
541.0

Operating expenses:
 
 
 
 
 
 
 
Depreciation, intangible amortization and impairments
19.9

 
12.8

 
3.2

 
35.9

Other operating expenses
148.8

 
163.3

 
31.6

 
343.7

 
168.7

 
176.1

 
34.8

 
379.6

Operating income
73.0

 
69.7

 
18.7

 
161.4

Income from equity method investments
30.0

 
3.9

 
2.3

 
36.2

Other non-operating (income) and expenses:
 
 
 
 
 
 
 
Investment and other income
(3.4
)
 
(3.6
)
 
(0.5
)
 
(7.5
)
Interest expense
13.4

 
8.5

 
2.4

 
24.3

Imputed interest and contingent payment arrangements
2.6

 
5.0

 
0.8

 
8.4

 
12.6

 
9.9

 
2.7

 
25.2

Income before income taxes
90.4

 
63.7

 
18.3

 
172.4

Income taxes
20.7

 
14.0

 
3.5

 
38.2

Net income
69.7

 
49.7

 
14.8

 
134.2

Net income (non-controlling interests)
(33.6
)
 
(27.5
)
 
(8.4
)
 
(69.5
)
Net income (controlling interest)
$
36.1

 
$
22.2

 
$
6.4

 
$
64.7

 
Six Months Ended June 30, 2012
 
Institutional
 
Mutual Fund
 
High Net Worth
 
Total
Revenue
$
426.2

 
$
349.0

 
$
72.0

 
$
847.2

Operating expenses:
 
 
 
 
 
 
 
Depreciation, intangible amortization and impairments
38.8

 
109.7

 
3.7

 
152.2

Other operating expenses
269.3

 
246.2

 
45.7

 
561.2

 
308.1

 
355.9

 
49.4

 
713.4

Operating income
118.1

 
(6.9
)
 
22.6

 
133.8

Income from equity method investments
19.8

 
5.4

 
2.7

 
27.9

Other non-operating (income) and expenses:
 
 
 
 
 
 
 
Investment and other income
(8.1
)
 
(4.3
)
 
(1.0
)
 
(13.4
)
Interest expense
21.8

 
12.0

 
3.3

 
37.1

Imputed interest and contingent payment arrangements
(15.2
)
 
(27.9
)
 
0.6

 
(42.5
)
 
(1.5
)
 
(20.2
)
 
2.9

 
(18.8
)
Income before income taxes
139.4

 
18.7

 
22.4

 
180.5

Income taxes
29.8

 
(7.5
)
 
4.3

 
26.6

Net income
109.6

 
26.2

 
18.1

 
153.9

Net income (non-controlling interests)
(57.3
)
 
(42.7
)
 
(9.9
)
 
(109.9
)
Net income (loss) (controlling interest)
$
52.3

 
$
(16.5
)
 
$
8.2

 
$
44.0

 
Six Months Ended June 30, 2013
 
Institutional
 
Mutual Fund
 
High Net Worth
 
Total
Revenue
$
465.4

 
$
473.7

 
$
104.2

 
$
1,043.3

Operating expenses:
 
 
 
 
 
 
 
Depreciation, intangible amortization and impairments
39.6

 
26.4

 
6.4

 
72.4

Other operating expenses
289.4

 
308.6

 
61.0

 
659.0

 
329.0

 
335.0

 
67.4

 
731.4

Operating income
136.4

 
138.7

 
36.8

 
311.9

Income from equity method investments
74.5

 
7.7

 
4.7

 
86.9

Other non-operating (income) and expenses:
 
 
 
 
 
 
 
Investment and other income
(5.9
)
 
(5.4
)
 
(0.7
)
 
(12.0
)
Interest expense
27.8

 
16.1

 
4.6

 
48.5

Imputed interest and contingent payment arrangements
6.9

 
14.3

 
1.4

 
22.6

 
28.8

 
25.0

 
5.3

 
59.1

Income before income taxes
182.1

 
121.4

 
36.2

 
339.7

Income taxes
42.8

 
25.8

 
7.1

 
75.7

Net income
139.3

 
95.6

 
29.1

 
264.0

Net income (non-controlling interests)
(64.5
)
 
(56.2
)
 
(16.2
)
 
(136.9
)
Net income (controlling interest)
$
74.8

 
$
39.4

 
$
12.9

 
$
127.1

Total assets as of December 31, 2012
3,176.5

 
2,354.8

 
655.8

 
6,187.1

Total assets as of June 30, 2013
2,919.2

 
2,509.4

 
644.1

 
6,072.7