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Business Acquisition
12 Months Ended
Dec. 31, 2014
Business Acquisition [Abstract]  
Business Acquisition

24.Business Acquisition

 

On December 14, 2012,  the Company acquired ThomasPartners, Inc., a growth and dividend income-focused asset management firm, for $85 million in cash. The Company recorded goodwill of $68 million and intangible assets of $32 million. The intangible assets primarily relate to customer relationships and are being amortized over 11 years. The goodwill was allocated to the Investor Services and Advisor Services segments in the amounts of $54 million and $14 million, respectively.