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Segment Information
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
Management has determined that the Company operates in three business segments representing the Company’s three principal distribution channels: Institutional, Mutual Fund and High Net Worth, each of which has different client relationships. The following tables summarize the Company’s financial results for each of its business segments:
 
For the Three Months Ended September 30,
 
2015
 
2016
 
Revenue
 
Net income (controlling interest)
 
Revenue
 
Net income (controlling interest)
Institutional
$
236.7

 
$
51.6

 
$
215.0

 
$
51.6

Mutual Fund
310.1

 
45.2

 
258.6

 
46.3

High Net Worth
66.3

 
10.9

 
71.1

 
11.3

Total
$
613.1

 
$
107.7

 
$
544.7

 
$
109.2


 
For the Nine Months Ended September 30,
 
2015
 
2016
 
Revenue
 
Net income (controlling interest)
 
Revenue
 
Net income (controlling interest)
Institutional
$
745.1

 
$
158.9

 
$
662.4

 
$
162.6

Mutual Fund
951.3

 
167.8

 
773.8

 
124.4

High Net Worth
198.3

 
35.3

 
208.0

 
34.1

Total
$
1,894.7

 
$
362.0

 
$
1,644.2

 
$
321.1


 
Total Assets
 
December 31, 2015
 
September 30, 2016
Institutional
$
3,717.1

 
$
3,840.6

Mutual Fund
3,070.5

 
3,450.2

High Net Worth
981.8

 
1,032.6

Total
$
7,769.4

 
$
8,323.4