16.                Subsequent Events

Acquisition of Wealth Management Solutions

On July 1, 2013, the Company completed the acquisition of the Wealth Management Solutions (“WMS”) division of Prudential Investments.  In accordance with the purchase agreement, the Company acquired substantially all of the assets of WMS for approximately $9,500 in cash, subject to certain post-closing adjustments of which the Company is still in the process of completing, plus contingent consideration of up to a total of $23,000 in cash, based upon meeting certain performance targets, to be paid over three years. WMS is a provider of technology solutions that enables financial services firms to develop and enhance their wealth management offerings.

The Company is currently in the initial phase of gathering financial information and has not determined the estimated fair values of the assets acquired and liabilities assumed.

For the three and six months ended June 30, 2013, acquisition costs for WMS totaled $552 and $647, respectively, and are included in general and administration expenses. The Company will incur additional WMS related acquisition costs during the second half of 2013.

Lease Termination

On July 26, 2013, the Company exercised its right to early terminate the Denver, Colorado office lease in accordance with the provisions of the lease.  The total estimated termination fee is $1,100, of which approximately 50% of this termination fee was paid on July 26, 2013.  The remainder of the fee is due in July 2014. The impact of this early termination has been reflected in the lease commitment table in note 15.