Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying Amount of Goodwill and Intangible Assets

The carrying amount of goodwill and intangible assets attributable to each of our reporting segments is presented in the following table (in thousands):

	December 31, 2021		Adjustments		Write-off		September 30, 2022
Goodwill
Global Wealth Management	$	335,009	$	—	$	—	$	335,009
Institutional Group		971,883		13,071		—		984,954
	$	1,306,892	$	13,071	$	—	$	1,319,963

	December 31, 2021		Adjustments		Amortization			September 30, 2022
Intangible assets
Global Wealth Management	$	38,884	$	—	$	(4,088	)	$	34,796
Institutional Group		109,273		1,378		(10,878	)		99,773
	$	148,157	$	1,378	$	(14,966	)	$	134,569

Intangible Assets

Intangible assets as of September 30, 2022 and December 31, 2021 were as follows (in thousands):

	September 30, 2022				December 31, 2021
	Gross Carrying Value		Accumulated    Amortization		Gross Carrying Value		Accumulated    Amortization
Customer relationships	$	226,133	$	105,555	$	225,900	$	97,054
Trade names		30,359		20,311		30,359		17,694
Non-compete agreements		9,240		6,840		9,240		5,684
Core deposits		8,615		7,145		8,615		6,277
Investment banking backlog		4,245		4,172		4,245		3,680
Acquired technology		840		840		840		653
	$	279,432	$	144,863	$	279,199	$	131,042

Amortization Expense in Future Periods

As of September 30, 2022, we expect amortization expense in future periods to be as follows (in thousands):

Fiscal year
Remainder of 2022	$	4,362
2023		16,273
2024		15,374
2025		13,338
2026		12,987
Thereafter		70,117
	$	132,451