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Goodwill And Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
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,

2014

 

 

Net Additions

 

 

Impairment Losses

 

 

December 31,

2015

 

Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

177,171

 

 

$

118,213

 

 

$

 

 

$

295,384

 

Institutional Group

 

 

617,855

 

 

 

2,363

 

 

 

 

 

 

620,218

 

 

 

$

795,026

 

 

$

120,576

 

 

$

 

 

$

915,602

 

 

 

 

December 31,

2014

 

 

Net Additions

 

 

Amortization

 

 

December 31,

2015

 

Intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

23,503

 

 

$

12,084

 

 

$

(5,560

)

 

$

30,027

 

Institutional Group

 

 

31,060

 

 

 

6,953

 

 

 

(4,863

)

 

 

33,150

 

 

 

$

54,563

 

 

$

19,037

 

 

$

(10,423

)

 

$

63,177

 

 

Intangible Assets Subject To Amortization

Intangible assets subject to amortization as of December 31, 2015 and 2014 were as follows (in thousands):

 

 

 

December 31, 2015

 

 

December 31, 2014

 

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

Customer relationships

 

$

78,580

 

 

$

37,322

 

 

$

63,661

 

 

$

29,636

 

Trade name

 

 

24,456

 

 

 

6,969

 

 

 

21,423

 

 

 

5,322

 

Investment banking backlog

 

 

7,440

 

 

 

7,388

 

 

 

7,388

 

 

 

7,388

 

Core deposits

 

 

5,447

 

 

 

5,447

 

 

 

5,447

 

 

 

4,657

 

Non-compete agreements

 

 

2,517

 

 

 

255

 

 

 

1,484

 

 

 

120

 

 

 

$

118,440

 

 

$

57,381

 

 

$

99,403

 

 

$

47,123

 

 

Amortization Expense In Future Periods

As of December 31, 2015, we expect amortization expense in future periods to be as follows (in thousands):

 

Fiscal year

 

 

 

 

2016

 

$

7,613

 

2017

 

 

6,988

 

2018

 

 

6,500

 

2019

 

 

5,949

 

2020

 

 

6,027

 

Thereafter

 

 

27,982

 

 

 

$

61,059