Acquisitions, Goodwill and Intangible Assets (Tables)

12 Months Ended

Oct. 31, 2012

Acquisitions Goodwill And Intangible Assets Disclosure Table [Abstract]

Schedule of goodwill activity

(in thousands)	2012		2011
Balance, beginning of period	$	142,302	$	135,786
Goodwill acquired		12,334		6,516
Balance, end of period	$	154,636	$	142,302

Schedule of the carrying amounts of intangible assets

October 31, 2012
(dollars in thousands)	Weighted-average remaining amortization period (in years)	Gross carrying amount		Accumulated amortization		Net carrying amount
Amortizing intangible assets:
Client relationships acquired	7.0	$	110,327	$	(58,681)	$	51,646
Intellectual property acquired	13.6		1,000		(126)		874
Non-amortizing intangible assets:
Mutual fund management contract acquired			6,708		-		6,708
Total		$	118,035	$	(58,807)	$	59,228

October 31, 2011
(dollars in thousands)	Weighted-average remaining amortization period (in years)	Gross carrying amount		Accumulated amortization		Net carrying amount
Amortizing intangible assets:
Client relationships acquired	7.9	$	110,327	$	(50,749)	$	59,578
Intellectual property acquired	14.6		1,000		(62)		938
Non-amortizing intangible assets:
Mutual fund management contract acquired			6,708		-		6,708
Total		$	118,035	$	(50,811)	$	67,224

Schedule of expected amortization expense for the next five years

Year Ending October 31,			Estimated Amortization
(in thousands)			Expense
2013	$	7,995
2014		7,968
2015		7,743
2016		7,301
2017		7,189