Intangibles Assets (Tables)

3 Months Ended

Jan. 31, 2020

Intangible Assets [Abstract]

Schedule of the carrying amounts of intangible assets

January 31, 2020
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Client relationships acquired	$	134,247	$	(116,810)	$	17,437
Intellectual property acquired		1,025		(603)		422
Trademark acquired		4,257		(1,639)		2,618
Research system acquired		639		(639)		-
Non-amortizing intangible assets:
Mutual fund management contracts acquired		54,408		-		54,408
Total	$	194,576	$	(119,691)	$	74,885

October 31, 2019
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Client relationships acquired	$	134,247	$	(115,921)	$	18,326
Intellectual property acquired		1,025		(586)		439
Trademark acquired		4,257		(1,558)		2,699
Research system acquired		639		(604)		35
Non-amortizing intangible assets:
Mutual fund management contracts acquired		54,408		-		54,408
Total	$	194,576	$	(118,669)	$	75,907

Schedule of estimated amortization expense for the next five fiscal years

		Estimated
Year Ending October 31,		Amortization
(in thousands)		Expense
Remaining 2020	$	2,785
2021		2,282
2022		2,154
2023		1,754
2024		1,679
2025		1,639