CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014		Jun. 30, 2013
Current Assets
Cash and cash equivalents	$ 4,132,185		$ 18,085,226
Trading securities, at fair value	18,645,573	[1]	4,758,220	[1]
Receivables
Mutual funds	1,031,310		964,461
Offshore clients	14,500		21,000
Income tax	1,160,094		140,792
Employees	195		5,500
Other	296,505		16,140
Prepaid expenses	600,414		604,701
Deferred tax asset	39,527		195,871
Total Current Assets	25,920,303		24,791,911
Net Property and Equipment	2,908,090		3,084,860
Other Assets
Deferred tax asset, long term	356,183		677,539
Investment securities available-for-sale, at fair value	6,240,626	[2],[3]	9,053,111	[2],[3]
Other investments	385,439		0
Investment in Galileo	669,519		654,528
Total assets held related to discontinued operations	0		420,853
Total Other Assets	7,651,767		10,806,031
Total Assets	36,480,160		38,682,802
Current Liabilities
Accounts payable	60,604		71,289
Accrued compensation and related costs	535,516		686,562
Dividends payable	231,931		232,402
Other accrued expenses	704,968		770,024
Total liabilities held related to discontinued operations	45,636		73,284
Total Current Liabilities	1,578,655		1,833,561
Commitments and Contingencies
Shareholders’ Equity
Additional paid-in-capital	15,658,586		15,654,397
Treasury stock, class A shares at cost; 494,981 and 463,958 shares at March 31, 2014, and June 30, 2013, respectively	(1,247,387)		(1,128,704)
Accumulated other comprehensive income, net of tax	745,164		652,218
Retained earnings	19,346,753		21,272,941
Total Shareholders’ Equity	34,901,505		36,849,241
Total Liabilities and Shareholders’ Equity	36,480,160		38,682,802
Common Class A
Shareholders’ Equity
Common stock, value	346,659		346,626
Common Class B
Shareholders’ Equity
Common stock, value	0		0
Common Class C
Shareholders’ Equity
Common stock, value	$ 51,730		$ 51,763

[1] Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.

[2] Net unrealized gains on available-for-sale securities gross and net of tax as of March 31, 2014, are $1,129 and $745, respectively, and as of June 30, 2013, are $988 and $652, respectively.

[3] Unrealized gains and losses on available-for-sale securities are excluded from earnings and recorded in other comprehensive income as a separate component of shareholders’ equity until realized.