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Significant Accounting Policies - Textual (Details)
12 Months Ended
Dec. 31, 2018
USD ($)
Segment
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Jan. 01, 2019
USD ($)
Jan. 01, 2016
USD ($)
Business Organization And Significant Accounting Policies [Line Items]          
Cumulative-effect adjustment from the adoption of ASU 2015-02 (Note 2)         $ 4,031,756
Number of business segment | Segment 1        
Allowance for doubtful accounts $ 0 $ 0      
Accounts receivable, related parties 9,400,000 11,600,000      
Accumulated depreciation $ 5,200,000 4,000,000      
Client performance period 5 years        
Revenue $ 145,627,748 145,201,729 $ 136,103,075    
Advance commissions amortization period 12 months        
Variable rate fees          
Business Organization And Significant Accounting Policies [Line Items]          
Revenue $ 1,400,000 200,000 6,400,000    
Mutual fund administration revenue, net          
Business Organization And Significant Accounting Policies [Line Items]          
Revenue 10,309,943 12,513,267 14,457,926    
Mutual fund administration revenue, net | Affiliated Entity          
Business Organization And Significant Accounting Policies [Line Items]          
Revenue from related parties $ 10,300,000 $ 12,500,000 $ 11,900,000    
Accounting Standards Update 2015-02          
Business Organization And Significant Accounting Policies [Line Items]          
Cumulative-effect adjustment from the adoption of ASU 2015-02 (Note 2)         $ 4,000,000
Accounting Standards Update 2016-02 | Scenario, Forecast          
Business Organization And Significant Accounting Policies [Line Items]          
Right-of-use asset, operating leases       $ 3,600,000  
Lease liability, operating leases       $ 3,600,000