The following tables present the change in Goodwill and components of Acquired client relationships, net of the Company’s consolidated Affiliates:
 
 
Goodwill
 
 
Institutional
 
Mutual Fund
 
High Net Worth
 
Total
Balance, as of December 31, 2014
 
$
1,159.1

 
$
1,125.3

 
$
368.4

 
$
2,652.8

Goodwill acquired
 
9.2

 
—

 
55.1

 
64.3

Foreign currency translation
 
(27.0
)
 
(5.8
)
 
(15.9
)
 
(48.7
)
Balance, as of December 31, 2015
 
$
1,141.3

 
$
1,119.5

 
$
407.6

 
$
2,668.4

Goodwill acquired
 
—

 
—

 
—

 
—

Foreign currency translation
 
(5.1
)
 
(37.0
)
 
1.8

 
(40.3
)
Balance, as of December 31, 2016
 
$
1,136.2

 
$
1,082.5

 
$
409.4

 
$
2,628.1