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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Income Statement [Abstract]    
Revenue $ 635.0us-gaap_AssetManagementFees1 $ 593.1us-gaap_AssetManagementFees1
Operating expenses:    
Compensation and related expenses 252.8us-gaap_LaborAndRelatedExpense 235.7us-gaap_LaborAndRelatedExpense
Selling, general and administrative 108.7us-gaap_SellingGeneralAndAdministrativeExpense 122.3us-gaap_SellingGeneralAndAdministrativeExpense
Intangible amortization and impairments 27.8us-gaap_AmortizationOfIntangibleAssets 27.4us-gaap_AmortizationOfIntangibleAssets
Depreciation and other amortization 4.4amg_DepreciationAndOtherAmortization 3.8amg_DepreciationAndOtherAmortization
Other operating expenses 9.9us-gaap_OtherCostAndExpenseOperating 9.9us-gaap_OtherCostAndExpenseOperating
Total operating expenses 403.6us-gaap_OperatingExpenses 399.1us-gaap_OperatingExpenses
Operating income 231.4us-gaap_OperatingIncomeLoss 194.0us-gaap_OperatingIncomeLoss
Income from equity method investments 53.1us-gaap_IncomeLossFromEquityMethodInvestments 46.2us-gaap_IncomeLossFromEquityMethodInvestments
Other non-operating (income) and expenses:    
Investment and other income (0.8)amg_InvestmentAndOtherIncomeLoss (8.2)amg_InvestmentAndOtherIncomeLoss
Interest expense 22.2us-gaap_InterestExpense 17.6us-gaap_InterestExpense
Imputed interest expense and contingent payment arrangements (27.2)amg_ImputedInterestExpenseAndContingentPaymentArrangements 22.5amg_ImputedInterestExpenseAndContingentPaymentArrangements
Total non-operating (income) and expenses (5.8)us-gaap_NonoperatingIncomeExpense 31.9us-gaap_NonoperatingIncomeExpense
Income before income taxes 290.3us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 208.3us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes 69.6us-gaap_IncomeTaxExpenseBenefit 48.9us-gaap_IncomeTaxExpenseBenefit
Net income 220.7us-gaap_ProfitLoss 159.4us-gaap_ProfitLoss
Net income (non-controlling interests) (92.7)us-gaap_NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable (82.2)us-gaap_NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
Net income (controlling interest) $ 128.0us-gaap_NetIncomeLoss $ 77.2us-gaap_NetIncomeLoss
Average shares outstanding—basic (in shares) 54.8us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 53.7us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Average shares outstanding—diluted (in shares) 57.8us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 55.2us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Earnings per share—basic (in dollars per share) $ 2.34us-gaap_EarningsPerShareBasic $ 1.44us-gaap_EarningsPerShareBasic
Earnings per share—diluted (in dollars per share) $ 2.28us-gaap_EarningsPerShareDiluted $ 1.40us-gaap_EarningsPerShareDiluted