Acquisitions, Goodwill and Intangibles Assets (Tables)

12 Months Ended

Oct. 31, 2020

Acquisitions, Goodwill and Intangible Assets [Abstract]

Schedule of the carrying amounts of intangible assets

October 31, 2020
(dollars in thousands)	Weighted-Average Remaining Amortization Period (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Client relationships acquired	13.7	$	180,772	$	(119,365)	$	61,407
Intellectual property acquired	5.6		1,025		(653)		372
Trademark acquired	10.1		4,782		(1,819)		2,963
Assembled workforce acquired	15.0		1,025		-		1,025
Research system acquired			639		(639)		-
Non-amortizing intangible assets:
Mutual fund management contracts
acquired			54,408		-		54,408
Total		$	242,651	$	(122,476)	$	120,175

October 31, 2019
(dollars in thousands)	Weighted-Average Remaining Amortization Period (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Client relationships acquired	9.5	$	134,247	$	(115,921)	$	18,326
Intellectual property acquired	6.6		1,025		(586)		439
Trademark acquired	11.1		4,257		(1,558)		2,699
Research system acquired	0.2		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
2021	$	5,505
2022		5,377
2023		4,977
2024		4,902
2025		4,862