Fair Value Measures and Disclosures (Tables)

6 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements, Recurring and Nonrecurring

The tables below present information about items that are measured at fair value:


						Fair Value as of						Level within the Fair Value Hierarchy as of June 30, 2025
(in millions)						June 30, 2025						Level 1						Level 2						Level 3
Cash equivalents						$	70.6					$	70.6					$	—					$	—
Investments:





Marketable equity investments, exchange-traded funds, and mutual funds						32.9						32.9						—						—

Marketable debt securities						1.4						1.4						—						—
Investments in unconsolidated entities:

Non-current investment in Wealth Advisors						27.3						27.3						—						—


Total						$	132.2					$	132.2					$	—					$	—



						Fair Value as of						Level within the Fair Value Hierarchy as of December 31, 2024
(in millions)						December 31, 2024						Level 1						Level 2						Level 3
Cash equivalents						$	43.5					$	43.5					$	—					$	—
Investments:





Marketable equity investments, exchange-traded funds, and mutual funds						42.3						42.3						—						—

Marketable debt securities						2.4						2.4						—						—



Investments in unconsolidated entities:
Investment in SmartX Advisory Solutions						24.7						—						—						24.7
Non-current investment in Wealth Advisors						24.9						24.9						—						—



Total						$	137.8					$	113.1					$	—					$	24.7