Acquisitions (Tables)

9 Months Ended

Sep. 30, 2016

Business Combinations [Abstract]

Schedule of Calculation of Purchase Consideration Transferred

Calculation of purchase consideration transferred

	February 26, 2015
Cash	$	331.1
Cost value of shares already owned (17,075,464 shares)		75.1
Redeemable noncontrolling interest (56,435,876 shares at $6.10 per share)		344.3
Total purchase consideration and noncontrolling interest (cost value)		750.5
Appreciation of shares already owned (17,075,464 shares at $6.10 per share less cost value)		29.0
Total purchase consideration and noncontrolling interest (fair value)	$	779.5

Schedule of Allocation of Assets Acquired and Liabilities Assumed

Allocation of the assets acquired and the liabilities assumed

	February 26, 2015
Cash and cash equivalents	$	238.8
Receivables from broker-dealers, clearing organizations, customers and related-broker dealers		704.8
Accrued commissions receivable, net		93.6
Fixed assets, net		58.4
Goodwill		450.0
Finite-lived intangible assets:
Non-compete agreement		15.4
Technology		39.2
Customer relationships		133.8
Acquired intangibles		6.7
Indefinite-lived intangible assets:
Trade name		92.1
Other assets		194.2
Assets held for sale		208.3
Short-term borrowings		(70.0	)
Accrued compensation		(141.0	)
Payables to broker-dealers, clearing organizations, customers and related broker-dealers		(648.6	)
Accounts payable, accrued and other liabilities		(163.3	)
Notes payable and collateralized borrowings		(255.3	)
Liabilities held for sale		(175.5	)
Pre-existing noncontrolling interest		(2.1	)
Total	$	779.5

Business Acquisition, Pro Forma Information

In millions (unaudited)

	Nine Months Ended September 30, 2015
Pro forma revenues	$	2,065.2
Pro forma consolidated net income (loss)	$	94.2