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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues    
Investment advisory fees $ 702.9 $ 623.0
Administrative fees 86.3 82.9
Distribution and servicing fees 26.2 22.2
Net revenue of savings bank subsidiary 0.3 0.6
Net revenues 815.7 728.7
Operating expenses    
Compensation and related costs 279.1 260.7
Advertising and promotion 25.3 25.8
Distribution and servicing costs 26.2 22.2
Depreciation and amortization of property and equipment 21.5 19.1
Occupancy and facility costs 33.0 30.1
Other operating expenses 58.0 54.6
Total operating expenses 443.1 412.5
Net operating income 372.6 316.2
Non-operating investment income 18.3 5.1
Income before income taxes 390.9 321.3
Provision for income taxes 149.0 123.8
Net income $ 241.9 $ 197.5
Earnings per share on common stock    
Basic (in dollars per share) $ 0.93 $ 0.78
Diluted (in dollars per share) $ 0.91 $ 0.75
Dividends declared per share (in dollars per share) $ 0.38 $ 0.34