Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2020

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, 2019		Adjustments			Sale of ZCM			June 30, 2020
Goodwill
Global Wealth Management	$	344,981	$	—		$	(9,972	)	$	335,009
Institutional Group		849,093		(3,400	)		—			845,693
	$	1,194,074	$	(3,400	)	$	(9,972	)	$	1,180,702

	December 31, 2019		Adjustments/ Sale of ZCM			Amortization			June 30, 2020
Intangible assets
Global Wealth Management	$	53,279	$	(1,532	)	$	(3,382	)	$	48,365
Institutional Group		108,494		(640	)		(6,378	)		101,476
	$	161,773	$	(2,172	)	$	(9,760	)	$	149,841

Intangible Assets

Intangible assets as of June 30, 2020 and December 31, 2019 were as follows (in thousands):

	June 30, 2020				December 31, 2019
	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Customer relationships	$	202,720	$	79,863	$	207,253	$	75,987
Trade name		28,659		14,628		28,659		13,649
Core deposits		8,615		3,942		8,615		2,985
Non-compete agreements		9,240		3,418		9,490		2,828
Investment banking backlog		4,045		2,194		4,245		1,787
Acquired technology		840		233		840		93
	$	254,119	$	104,278	$	259,102	$	97,329

Amortization Expense In Future Periods

As of June 30, 2020, we expect amortization expense in future periods to be as follows (in thousands):

Fiscal year
Remainder of 2020	$	9,400
2021		17,769
2022		16,444
2023		14,619
2024		13,917
Thereafter		75,574
	$	147,723