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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2015
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 six months ended June 30, 2015:
 
 
Goodwill
 
 
Institutional
 
Mutual Fund
 
High Net Worth
 
Total
Balance, as of December 31, 2014
 
$
1,159.1

 
$
1,125.3

 
$
368.4

 
$
2,652.8

New investments(1)
 
1.6

 

 
27.4

 
29.0

Foreign currency translation
 
(13.3
)
 
10.6

 
(9.1
)
 
(11.8
)
Balance, as of June 30, 2015
 
$
1,147.4

 
$
1,135.9

 
$
386.7

 
$
2,670.0

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, 2014
$
1,255.1

 
$
(565.0
)
 
$
690.1

 
$
1,088.3

 
$
1,778.4

New investments(1)
23.6

 

 
23.6

 

 
23.6

Intangible amortization and impairments

 
(55.9
)
 
(55.9
)
 

 
(55.9
)
Foreign currency translation
(0.1
)
 

 
(0.1
)
 
3.8

 
3.7

Balance, as of June 30, 2015
$
1,278.6

 
$
(620.9
)
 
$
657.7

 
$
1,092.1

 
$
1,749.8


__________________________

(1) 
On April 1, 2015, the Company completed its investment in Baker Street Advisors, LLC.