Goodwill and Identifiable Intangible Assets

9 Months Ended

Sep. 30, 2019

Goodwill and Identifiable Intangible Assets

Goodwill and Identifiable Intangible Assets

6. Goodwill and Identifiable Intangible Assets

Goodwill represents the excess of purchase price over the tangible assets and identifiable intangible assets of an acquired business.  Our goodwill is not deductible for tax purposes.  Goodwill and identifiable intangible assets (all considered indefinite lived) at September 30, 2019 and December 31, 2018 are as follows:

	September 30,		December 31,
	2019		2018
	(in thousands)
Goodwill	$	106,970	106,970
Mutual fund management advisory contracts		38,699	38,699
Other		200	200
Total identifiable intangible assets		38,899	38,899
Total	$	145,869	145,869