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Goodwill and Acquired Client Relationships (Tables)
 12 Months Ended
Dec. 31, 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, net of the Company’s consolidated Affiliates:
 
 
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
 
97.2

 
208.1

 
39.2

 
344.5

Foreign currency translation
 
(14.4
)
 
(10.9
)
 
(8.1
)
 
(33.4
)
Balance, as of December 31, 2014
 
$
1,159.1

 
$
1,125.3

 
$
368.4

 
$
2,652.8

Goodwill acquired
 
9.2

 
—

 
55.1

 
64.3

Foreign currency translation
 
(27.0
)
 
(5.8
)
 
(15.9
)
 
(48.7
)
Balance, as of December 31, 2015
 
$
1,141.3

 
$
1,119.5

 
$
407.6

 
$
2,668.4
Schedule of Changes in, and 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
 
220.3

 
—

 
220.3

 
244.7

 
465.0

Amortization and impairments
 
—

 
(122.2
)
 
(122.2
)
 
—

 
(122.2
)
Foreign currency translation
 
(4.7
)
 
—

 
(4.7
)
 
(20.4
)
 
(25.1
)
Balance, as of December 31, 2014
 
$
1,255.1

 
$
(565.0
)
 
$
690.1

 
$
1,088.3

 
$
1,778.4

New Investments
 
52.5

 
—

 
52.5

 
—

 
52.5

Amortization and impairments
 
—

 
(115.4
)
 
(115.4
)
 
—

 
(115.4
)
Foreign currency translation
 
(5.8
)
 
—

 
(5.8
)
 
(23.3
)
 
(29.1
)
Balance, as of December 31, 2015
 
$
1,301.8

 
$
(680.4
)
 
$
621.4

 
$
1,065.0

 
$
1,686.4