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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill
The following tables present the change in goodwill and components of acquired client relationships during the nine months ended September 30, 2014:
 
 
Goodwill
 
 
Institutional
 
Mutual Fund
 
High Net Worth
 
Total
Balance, as of December 31, 2013
 
$
1,076.3

 
$
928.1

 
$
337.3

 
$
2,341.7

Goodwill acquired
 
49.7

 
61.0

 
39.5

 
150.2

Foreign currency translation
 
(8.8
)
 
(3.2
)
 
(5.3
)
 
(17.3
)
Balance, as of September 30, 2014
 
$
1,117.2

 
$
985.9

 
$
371.5

 
$
2,474.6

Schedule of Changes in 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, 2013
$
1,039.5

 
$
(442.8
)
 
$
596.7

 
$
864.0

 
$
1,460.7

New Investments
149.6

 

 
149.6

 
46.8

 
196.4

Intangible amortization and impairments

 
(84.2
)
 
(84.2
)
 

 
(84.2
)
Foreign currency translation
(1.3
)
 

 
(1.3
)
 
(5.0
)
 
(6.3
)
Balance, as of September 30, 2014
$
1,187.8

 
$
(527.0
)
 
$
660.8

 
$
905.8

 
$
1,566.6