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Goodwill and Identifiable Intangible Assets (Details) (USD $)
3 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2014
Dec. 31, 2012
Dec. 31, 2013
Sep. 30, 2012
Goodwill and Identifiable Intangible Assets          
Goodwill   $ 106,970,000us-gaap_Goodwill   $ 106,970,000us-gaap_Goodwill  
Mutual fund management advisory contracts   42,753,000wdr_IndefiniteLivedMutualFundManagementAdvisoryContracts   38,699,000wdr_IndefiniteLivedMutualFundManagementAdvisoryContracts  
Mutual fund management subadvisory contracts   8,400,000wdr_IndefiniteLivedMutualFundManagementSubadvisoryContracts   16,300,000wdr_IndefiniteLivedMutualFundManagementSubadvisoryContracts  
Total identifiable intangible assets   51,153,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill   54,999,000us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill  
Total goodwill and identifiable intangible assets   158,123,000us-gaap_IntangibleAssetsNetIncludingGoodwill   161,969,000us-gaap_IntangibleAssetsNetIncludingGoodwill  
Deferred tax liability   12,562,000us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets   16,697,000us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets  
Impairment charge 7,900,000us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill 7,900,000us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill      
Reduction of associated deferred tax liability 2,900,000wdr_ReducedDeferredTaxLiabilities        
Intangible asset related to the fund adoption transaction agreement with Emerging Managers Group, L.P. 4,100,000wdr_IntangibleAssetRelatedToFundAdoptionTransactionAgreement        
Legend subsidiary          
Goodwill, annual impairment test          
Goodwill         59,200,000us-gaap_DisposalGroupIncludingDiscontinuedOperationGoodwill1
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= wdr_LegendMember
Impairment charges     $ 42,400,000us-gaap_GoodwillImpairmentLoss
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= wdr_LegendMember