Business Changes and Developments (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill associated with the Company's acquisitions is as follows:


	Investment Banking		Investment Management		Total
Balance at December 31, 2018(1)	$	120,464	$	10,923	$	131,387

Impairment of Goodwill	—		(2,921)		(2,921)

Foreign Currency Translation and Other	2,292		—		2,292
Balance at December 31, 2019(2)	122,756		8,002		130,758

Sale of ECB Trust Business	—		(475)		(475)
Foreign Currency Translation and Other	(1,157)		—		(1,157)
Balance at December 31, 2020(2)	$	121,599	$	7,527	$	129,126

(1)The amount of the Company's goodwill before accumulated impairment losses of $35,607 was $166,994 at December 31, 2018.

(2)The amount of the Company's goodwill before accumulated impairment losses of $38,528 was $167,654 and $169,286 at December 31, 2020 and 2019, respectively.

Schedule of Finite-Lived Intangible Assets

Intangible assets associated with the Company's acquisitions are as follows:


	December 31, 2020
	Gross Carrying Amount						Accumulated Amortization
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total

Client Related	$	—	$	3,630	$	3,630	$	—	$	2,932	$	2,932



Total	$	—	$	3,630	$	3,630	$	—	$	2,932	$	2,932

	December 31, 2019
	Gross Carrying Amount						Accumulated Amortization
	Investment Banking		Investment Management		Total		Investment Banking		Investment Management		Total

Client Related	$	—	$	3,830	$	3,830	$	—	$	2,743	$	2,743


Other	5,320		445		5,765		4,159		390		4,549
Total	$	5,320	$	4,275	$	9,595	$	4,159	$	3,133	$	7,292

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Based on the intangible assets above, as of December 31, 2020, annual amortization of intangibles for each of the next five years is as follows:


2021	$	363
2022	$	335
2023	$	—
2024	$	—
2025	$	—