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Intangible Assets (Tables)
9 Months Ended
Sep. 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 nine months ended September 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
 
(21.8
)
 
0.7

 
(13.4
)
 
(34.5
)
Balance, as of September 30, 2015
 
$
1,138.9

 
$
1,126.0

 
$
382.4

 
$
2,647.3

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

 
(86.4
)
 
(86.4
)
 

 
(86.4
)
Foreign currency translation
(3.6
)
 

 
(3.6
)
 
(12.3
)
 
(15.9
)
Balance, as of September 30, 2015
$
1,275.1

 
$
(651.4
)
 
$
623.7

 
$
1,076.0

 
$
1,699.7


__________________________

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