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Business Combination and Equity Acquisition (Tables)
 12 Months Ended
Dec. 31, 2022
Equity Acquisition and Business Combination [Abstract]  
Schedule of Preliminary Purchase Price Allocation The following table summarizes the preliminary purchase price allocation determined as of the purchase date:
(in millions)
Right-of-Use Asset$0.8 
Intangible Assets1
15.4 
Goodwill2
16.4 
Less: Lease Liability Assumed0.8 
Less: Fair Value of Contingent Consideration3.7 
Total Upfront Purchase Price Consideration$28.1 
1    Includes $14.8 million for customer relationships with an estimated useful life of 12 years and $0.6 million for a trade name with an estimated useful life of five years, all of which are recorded in Intangibles Assets, net on the Consolidated Balance Sheets.
2    The goodwill recognized is attributable to enhanced revenue and AUM growth opportunities from future investors and the assembled workforce of CWH and is deductible for tax purposes.