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Acquisitions Purchase Price Allocations Summary (Details)
£ in Thousands, AUD in Thousands, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
AUD
Dec. 31, 2016
USD ($)
Jun. 30, 2014
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Mar. 31, 2016
GBP (£)
Mar. 31, 2016
USD ($)
Mar. 31, 2017
USD ($)
May 02, 2016
USD ($)
Apr. 13, 2016
USD ($)
Oct. 21, 2015
USD ($)
Oct. 01, 2014
USD ($)
May 30, 2014
USD ($)
Business Acquisition [Line Items]                            
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value     $ 510,500     $ 510,500                
RARE Infrastructure, Ltd [Member]                            
Business Acquisition [Line Items]                            
Payments to Acquire Businesses, Gross   AUD 296,000 213,739                      
Business Combination, Contingent Consideration, Liability $ 2,176       $ 2,176     $ 27,145 $ 17,444     $ 25,000    
Business Combination, Consideration Transferred     238,739                      
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value                       62,722    
Business Combination, Total Entity Value                       301,461    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents                       9,667    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities                       0    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables                       6,612    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles                       67,877    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment                       673    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other                       (10,605)    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other                       (3,948)    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities                       0    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent                       (58,619)    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net                       139,178    
Goodwill                       162,283    
Contingent consideration fair value adjustments         (15,268)                  
Martin Currie [Member]                            
Business Acquisition [Line Items]                            
Payments to Acquire Businesses, Gross             £ 125,000 202,577            
Business Combination, Contingent Consideration, Liability 12,960       12,960     41,222 12,018       $ 75,211  
Business Combination, Consideration Transferred               277,788            
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value                         0  
Business Combination, Total Entity Value                         277,788  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents                         29,389  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities                         0  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables                         0  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles                         15,234  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment                         784  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other                         0  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other                         (4,388)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities                         (32,433)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent                         (31,537)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net                         119,500  
Goodwill                         158,288  
QS Investors [Domain]                            
Business Acquisition [Line Items]                            
Payments to Acquire Businesses, Gross       $ 11,000                    
Business Combination, Contingent Consideration, Liability 3,665       3,665     13,749 4,841         $ 13,370
Business Combination, Consideration Transferred       $ 24,370                    
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value                           0
Business Combination, Total Entity Value                           24,370
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents                           441
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities                           3,281
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables                           2,699
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles                           7,060
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment                           599
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other                           0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other                           (6,620)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities                           0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent                           0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net                           7,460
Goodwill                           16,910
Contingent consideration fair value adjustments (1,176)                          
EnTrust Capital [Member]                            
Business Acquisition [Line Items]                            
Payments to Acquire Businesses, Gross     400,000                      
Business Combination, Contingent Consideration, Liability                   $ 0        
Business Combination, Consideration Transferred     540,000                      
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value [1]                   247,700        
Business Combination, Total Entity Value                   787,700        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents                   8,236        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities                   16,220        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables                   20,820        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles                   65,500        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment                   4,479        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other                   1,030        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other                   (8,823)        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities                   0        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent                   0        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net                   377,162        
Goodwill                   410,538        
Clarion Partners [Member]                            
Business Acquisition [Line Items]                            
Payments to Acquire Businesses, Gross     631,476                      
Business Combination, Contingent Consideration, Liability                     $ 0      
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures     11,121                      
Business Combination, Consideration Transferred     642,597                      
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value [1]                     105,300      
Business Combination, Total Entity Value                     747,897      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents [1]                     25,307      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities [1]                     22,285      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables [1]                     53,657      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles [1]                     102,800      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment [1]                     8,255      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other [1]                     (25,585)      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other [1]                     (10,579)      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [1]                     0      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent [1]                     (36,788)      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [1]                     667,652      
Goodwill [1]                     80,245      
Permal [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value [1]                   140,000        
Trade Names | RARE Infrastructure, Ltd [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets                       4,766    
Trade Names | Martin Currie [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets                         7,130  
Trade Names | QS Investors [Domain]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets                           0
Trade Names | EnTrust Capital [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets                   7,400        
Trade Names | Clarion Partners [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets [1]                     23,100      
Other Fund Management Contracts [Member] | RARE Infrastructure, Ltd [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets                       $ 122,755    
Other Fund Management Contracts [Member] | Martin Currie [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets                         $ 135,321  
Other Fund Management Contracts [Member] | QS Investors [Domain]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets                           $ 0
Other Fund Management Contracts [Member] | EnTrust Capital [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets                   262,300        
Other Fund Management Contracts [Member] | Clarion Partners [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets [1]                     $ 505,200      
EnTrustPermal [Member]                            
Business Acquisition [Line Items]                            
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value                   $ 403,200        
Consolidated Legg Mason, Inc.                            
Business Acquisition [Line Items]                            
Business Combination, Contingent Consideration, Liability 20,701       20,701     $ 84,585 36,810          
Goodwill 1,925,650       1,925,650       $ 1,924,889          
Contingent consideration fair value adjustments $ 739   (14,500)   (15,811) (39,500)                
Consolidated Legg Mason, Inc. | Retained Earnings [Member] | EnTrust Capital [Member]                            
Business Acquisition [Line Items]                            
Reclassification from Retained Earnings to Noncontrolling Interests     $ (15,500)   0 (15,500)                
Consolidated Legg Mason, Inc. | Additional Paid-in Capital                            
Business Acquisition [Line Items]                            
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures         54,334 60,567                
Consolidated Legg Mason, Inc. | Additional Paid-in Capital | Clarion Partners [Member]                            
Business Acquisition [Line Items]                            
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures         $ 0 $ 11,121                
[1] (1)Post combination EnTrustPermal noncontrolling interest of $403,200 also included a fair value reclassification of $15,500 from retained earnings at the time of the acquisition.