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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets

8.

GOODWILL AND OTHER INTANGIBLE ASSETS

The components of goodwill and other intangible assets at September 30, 2022 and December 31, 2021 are presented below:

 

 

 

September 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Goodwill

 

$

375,784

 

 

$

379,421

 

Other intangible assets (net of accumulated

   amortization)

 

 

105

 

 

 

150

 

 

 

$

375,889

 

 

$

379,571

 

 

At September 30, 2022 and December 31, 2021, goodwill of $311,243 and $314,880, respectively, was attributable to the Company’s Financial Advisory segment and, at each such respective date, $64,541 of goodwill was attributable to the Company’s Asset Management segment.

Changes in the carrying amount of goodwill for the nine month periods ended September 30, 2022 and 2021 are as follows:

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

2022

 

 

2021

 

Balance, January 1

 

$

379,421

 

 

$

383,861

 

Foreign currency translation adjustments

 

 

(3,637

)

 

 

(4,179

)

Balance, September 30

 

$

375,784

 

 

$

379,682

 

 

All changes in the carrying amount of goodwill for the nine month periods ended September 30, 2022 and 2021 are attributable to the Company’s Financial Advisory segment.