Related-Party Transactions (Tables)

3 Months Ended

Mar. 31, 2022

Related Party Transactions [Abstract]

Summary of Related-Party Transactions

(in thousands)	March 31, 2022		December 31, 2021
Related party assets
Receivables (investment management fees)	$	50,694	$	53,256
Receivables (fund administration and distribution fees)		16,031		17,123
Prepaid expenses		569		304
Investments (investments in proprietary funds, fair value)		800		912
Investments (deferred compensation plan investments, fair value)		29,089		28,643
Total	$	97,183	$	100,238
Related party liabilities
Accounts payable and accrued expenses (fund reimbursements)	$	6,249	$	6,695

	Three Months Ended March 31,
(in thousands)	2022			2021
Related party revenue
Investment management fees	$	138,837		$	133,294
Fund administration and distribution fees		50,554			52,665
Total	$	189,391		$	185,959
Related party expense
General and administrative	$	115		$	130
Total	$	115		$	130
Related party other (expense) income
Interest income and other (expense) income	$	(345	)	$	2,675