Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 78,312	$ 51,713
Cash segregated under federal or other regulations	799	2,355
Available-for-sale investments	0	7,101
Accounts receivable, net of allowance	7,254	10,209
Commissions receivable	15,563	16,144
Other receivables	432	4,004
Prepaid expenses and other current assets, net	7,041	6,321
Total current assets	109,401	97,847
Long-term assets:
Property and equipment, net	8,677	10,836
Goodwill, net	548,890	548,741
Other intangible assets, net	345,521	362,178
Other long-term assets	2,677	3,057
Total long-term assets	905,765	924,812
Total assets	1,015,166	1,022,659
Current liabilities:
Accounts payable	3,741	4,536
Commissions and advisory fees payable	16,143	16,587
Accrued expenses and other current liabilities	21,484	18,528
Deferred revenue	4,753	12,156
Current portion of long-term debt, net	2,560	2,560
Total current liabilities	48,681	54,367
Long-term liabilities:
Long-term debt, net	353,848	248,221
Convertible senior notes, net	0	164,176
Deferred tax liability, net	58,905	111,126
Deferred revenue	759	1,849
Other long-term liabilities	8,628	10,205
Total long-term liabilities	422,140	535,577
Total liabilities	470,821	589,944
Redeemable noncontrolling interests	15,998	15,696
Commitments and contingencies (Note 9)
Stockholders’ equity:
Common stock, par $0.0001—authorized shares, 900,000; issued and outstanding shares, 44,681 and 41,845	4	4
Additional paid-in capital	1,535,858	1,510,152
Accumulated deficit	(1,007,325)	(1,092,756)
Accumulated other comprehensive loss	(190)	(381)
Total stockholders’ equity	528,347	417,019
Total liabilities and stockholders’ equity	$ 1,015,166	$ 1,022,659