Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 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			September 30, 2020
Goodwill
Global Wealth Management	$	344,981	$	—		$	(9,972	)	$	335,009
Institutional Group		849,093		(2,104	)		—			846,989
	$	1,194,074	$	(2,104	)	$	(9,972	)	$	1,181,998

	December 31, 2019		Adjustments/ Sale of ZCM			Amortization			September 30, 2020
Intangible assets
Global Wealth Management	$	53,279	$	(1,532	)	$	(5,006	)	$	46,741
Institutional Group		108,494		(280	)		(9,483	)		98,731
	$	161,773	$	(1,812	)	$	(14,489	)	$	145,472

Intangible Assets

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

	September 30, 2020				December 31, 2019
	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Customer relationships	$	203,188	$	82,990	$	207,253	$	75,987
Trade names		28,659		15,196		28,659		13,649
Core deposits		8,615		4,387		8,615		2,985
Non-compete agreements		9,240		3,825		9,490		2,828
Investment banking backlog		840		303		4,245		1,787
Acquired technology		4,045		2,414		840		93
	$	254,587	$	109,115	$	259,102	$	97,329

Amortization Expense In Future Periods

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

Fiscal year
Remainder of 2020	$	4,630
2021		17,769
2022		16,444
2023		14,619
2024		13,958
Thereafter		75,934
	$	143,354