Concentration of Credit Risk and Significant Relationships

12 Months Ended

Oct. 31, 2012

Concentration Of Credit Risk And Significant Relationships Disclosure [Abstract]

Concentration of Credit Risk and Significant Relationships

24. Concentration of Credit Risk and Significant Relationships

Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents held. The Company maintains cash and cash equivalents with various financial institutions. Cash deposits maintained at a financial institution may exceed the federally insured limit.

During the year ended October 31, 2012, there were no portfolios and related funds that provided over10 percent of the total revenue for the Company.

The following portfolios and related funds provided over 10 percent of the total revenue of the Company for the fiscal years noted, and is comprised of investment advisory and administrative fees, underwriting commissions, distribution plan payments and service fees for the years ended October 31,2012, 2011 and 2010:

(dollar figures in thousands)		2012		2011		2010
Large Cap Value Portfolio and related funds	$	-	$	127,650	$	126,565
Percent of total revenue		-		10.1%		11.3%