Intangible Assets, Net and Goodwill (Tables)

12 Months Ended

Nov. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

A summary of intangible assets, net and goodwill is as follows (in thousands):

	November 30,
	2021		2020
Indefinite lived intangibles:
Exchange and clearing organization membership interests and registrations	$	7,732	$	7,884
Amortizable intangibles:
Customer and other relationships, net of accumulated amortization of $128,012 and $119,694	42,808		51,285
Trademarks and tradename, net of accumulated amortization of $32,244 and $28,585	96,509		100,255
Other, net of accumulated amortization of $11,329 and $8,953	5,353		7,729
Total intangible assets, net	152,402		167,153
Goodwill:
Investment Banking and Capital Markets (1)	1,561,928		1,563,144
Asset Management	143,000		143,000
Real estate	36,711		36,711
Other operations	3,459		3,459
Total goodwill	1,745,098		1,746,314
Total intangible assets, net and goodwill	$	1,897,500	$	1,913,467

(1)    The decrease in Investment Banking and Capital Markets goodwill during the year ended November 30, 2021, primarily relates to translation adjustments.

Schedule of Amortization Expense

The estimated aggregate future amortization expense for the intangible assets for each of the next five fiscal years is as follows (in thousands): 

2022	$	11,134
2023	9,900
2024	9,143
2025	8,632
2026	8,606