Consolidated Statements of Operations and Comprehensive Income (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Revenues
Mutual fund advisory fees	$ 2,916,863	$ 5,461,167
Distribution fees	771,562	1,273,784
Transfer agent fees	734,556	1,091,665
Administrative services fees	254,224	411,906
Other advisory fees	90,562	94,697
Other	9,148	10,564
Investment income (loss)	200,651	(551,875)
Net revenues	4,977,566	7,791,908
Expenses
Employee compensation and benefits	2,388,987	2,883,330
General and administrative	1,539,267	1,820,910
Platform fees	715,406	1,282,125
Advertising	160,623	556,999
Depreciation	68,747	71,458
Subadvisory fees	15,000	15,000
Operating expenses, Total	4,888,030	6,629,822
Income Before Income Taxes	89,536	1,162,086
Provision for Federal Income Taxes
Tax expense	40,736	412,568
Net Income	48,800	749,518
Other Comprehensive Income, Net of Tax:
Unrealized gains (losses) on available-for-sale securities arising during period	101,800	(440,074)
Comprehensive Income	$ 150,600	$ 309,444
Basic Net Income per Share	$ 0.00	$ 0.05
Diluted Net Income per Share	$ 0.00	$ 0.05
Basic weighted average number of common shares outstanding	15,475,887	15,425,705
Diluted weighted average number of common shares outstanding	15,475,887	15,426,221