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                                                                   EXHIBIT 10.10

                      ASSIGNMENT, CONSENT AND ACCEPTANCE

          WHEREAS, DST Systems, Inc. ("DST") and Kansas City Southern
Industries, Inc. ("KCSI") are parties to that certain Registration Rights
Agreement dated as of October 24, 1995, amended as of June 30, 1999 (the
"Agreement"), a copy of which amendment is attached hereto as Exhibit A; and

          WHEREAS, KCSI desires to assign all of its rights and obligations
under the Agreement to KCSI's wholly-owned subsidiary, Stilwell Financial, Inc.
("Stilwell") which may in turn desire to make further assignments, and DST
desires to consent to such assignments on certain terms and conditions.

          NOW, THEREFORE, KCSI, DST and Stilwell agree as follows:

I.        Defined Terms

          Capitalized terms used herein shall have the meaning set forth herein
or in the Agreement.

II.       Assignment

          KCSI hereby transfers and assigns to Stilwell all of KCSI's rights and
obligations under the Agreement subject to the consent of DST and the acceptance
of Stilwell set forth below.

III.      Consent to Transfers

          A. DST consents to the transfer by KCSI to Stilwell of all of KCSI's
shares of DST common stock, and agrees that such shares shall continue to be
Registrable Securities; provided, however, that Stilwell is not an investment
advisor or investment company under the Investment Company Act of 1940 or
Investment Advisors Act of 1940, each as amended.

          B. DST consents to the transfer by Stilwell to Stilwell Management,
Inc. ("Stilwell Management") of all of Stilwell's shares of DST common stock and
agrees that such shares shall continue to be Registrable Securities; provided,
however, that Stilwell owns at least ninety-five percent (95%) of Stilwell
Management's voting power and that by December 31, 1999 Stilwell Management is
not an investment advisor or investment company under the Investment Company Act
of 1940 or Investment Advisors Act of 1940, each as amended.

IV.       Consent to Assignment

          Pursuant to Section 6 of the Agreement, DST (1) consents to the above
assignment by KCSI to Stilwell, and (2) following distribution by KCSI to its
shareholders of all of the common stock of Stilwell, consents to Stilwell
assigning, at its discretion, the Agreement or registration rights as to some or
all of the Registrable Securities under the Agreement to (a) one or more direct
or indirect wholly-owned subsidiaries of Stilwell ("Stilwell Subsidiaries"),
and/or (b) a third party in connection with any transaction involving the sum of
One Hundred Million Dollars ($100,000,000.00) or more, which is a sale of
Registrable Securities in a private placement or a transaction in which Stilwell
or a Stilwell Subsidiary has the right or obligation to deliver Registrable
Securities in repayment of borrowed funds. This Consent to Assignment is subject
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to the following:

               (a)  the entities to which the Agreement or rights thereunder be
          assigned as set forth in clause 2 above ("Permitted Assigns") may
          exercise rights under the Agreement only if (1) DST is notified in
          writing in advance of the assignment of the identity of the Permitted
          Assignee, the number of Registrable Shares to which the assignment
          applies, and the substance of the transaction under which the
          assignment is made; and (2) the Permitted Assignee agrees in writing
          to be bound by all of the terms and conditions of the Agreement;

               (b)  all Permitted Assignees and Stilwell shall be considered as
          one entity for purposes of Sections 2(e) and 3(b) of the Agreement,
          except that Permitted Assignees (other than Stilwell and Stilwell
          Subsidiaries) will not be, collectively, subject to the one-time-in-
          any-twelve-month-period requirement of Section 2(e) of the Agreement;
          and

               (c)  all notices required or permitted to be given by DST under
          the Agreement may be given by DST to Stilwell only, regardless of any
          assignment by Stilwell to Permitted Assignees.

V.        Acceptance

          Stilwell hereby accepts assignment of the Agreement by KCSI set forth
above subject to the terms and conditions of the Consent to Assignment by DST
set forth above, and Stilwell agrees to be bound by all of the terms and
conditions of the Agreement and to perform all of KCSI's obligations under the
Agreement.

          Dated as of this 11th day of August, 1999.

                    KANSAS CITY SOUTHERN INDUSTRIES, INC.

                    By: /s/ Landon H. Rowland
                    Printed Name: Landon H. Rowland
                    Title:  President

                    DST SYSTEMS, INC.

                    By: /s/ Kenneth V. Hager
                    Printed Name: Kenneth V. Hager
                    Title:  Vice President and Chief Financial Officer

                    STILWELL FINANCIAL, INC.

                    By: /s/ Danny R. Carpenter
                    Printed Name: Danny R. Carpenter
                    Title:  Vice President and Secretary