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Business Combinations (Tables) | 12 Months Ended
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Dec. 31, 2016
Business Combinations [Abstract] |
Schedule of Purchase Price Allocation for Investments | The aggregate purchase price allocation for the 2015 investments was as follows:
|  | Total
Consideration paid |  | $ | 76.1 |
Contingent payment obligations |  | 9.3 |
Non-controlling interests |  | 33.8 |
Enterprise value |  | $ | 119.2 |
Acquired client relationships |  | $ | 52.5 |
Tangible assets, net |  | 2.4 |
Goodwill |  | 64.3 |
|  | $ | 119.2 |
Schedule of Goodwill Allocation by Segment | The excess of the enterprise value over the separately identifiable net assets acquired was recorded as goodwill and the segment allocation was as follows:
|  | Total
Institutional |  | 14.4 | %
Mutual Fund |  | — | %
High Net Worth |  | 85.6 | %
Schedule of Unaudited Pro Forma Financial Results | Unaudited pro forma financial results are set forth below, assuming these investments occurred on January 1, 2014 and the Company’s structured partnership interests had been in effect for the entire period.
|  | For the Years Ended December 31,
|  | 2014 (Unaudited) |  | 2015 (Unaudited)
Revenue |  | $ | 2,538.2 |  |  | $ | 2,499.4 |
Net income (controlling interest) |  | 436.3 |  |  | 511.4 |
Earnings per share (basic) |  | $ | 7.93 |  |  | $ | 9.41 |
Earnings per share (diluted) |  | $ | 7.74 |  |  | $ | 9.20 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1486-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
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