Investments (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of Investments [Abstract]

Summary of Investments

The Company's investments, excluding the assets of consolidated investment products ("CIP") discussed in Note 15, at June 30, 2020 and December 31, 2019 were as follows:

(in thousands)	June 30, 2020		December 31, 2019
Investment securities - fair value	$	40,024	$	60,990
Equity method investments (1)	11,461		12,030
Nonqualified retirement plan assets	8,526		8,724
Other investments	1,290		1,462
Total investments	$	61,301	$	83,206

(1)

The Company's equity method investments are valued on a three-month lag based upon the availability of financial information. 

Schedule of Marketable Securities

The composition of the Company’s investment securities - fair value was as follows:

	June 30, 2020				December 31, 2019
(in thousands)	Cost		Fair Value		Cost		Fair Value
Investment Securities - fair value
Sponsored funds	$	23,735	$	27,341	$	44,588	$	47,654
Equity securities	10,818		12,679		11,250		13,320
Debt securities	7		4		44		16
Total investment securities - fair value	$	34,560	$	40,024	$	55,882	$	60,990