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Goodwill and Intangible Assets
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
(Amounts in thousands)
Goodwill
Balance at December 31, 2021$227,508 
Goodwill acquired73,643 
Balance at December 31, 2022$301,151 
Goodwill acquired— 
Measurement period adjustments
609 
Balance at December 31, 2023$301,760 
Intangible assets
Balance at December 31, 2021$119,778 
Intangible assets acquired31,234 
Amortization of intangible assets(15,375)
Balance at December 31, 2022$135,637 
Intangible assets acquired— 
Amortization of intangible assets(19,440)
Balance at December 31, 2023$116,197 

As discussed in Note 4, the addition of goodwill and intangible assets during the year ended December 31, 2022 related to the acquisitions of DBO Partners, Stamford Partners and Cornerstone Macro. Management identified $10.4 million of customer relationship intangible assets related to the acquisition of DBO Partners, which are being amortized over a weighted average life of 1.1 years. Management identified $1.8 million of customer relationship intangible assets related to the acquisition of Stamford Partners, which were amortized over a weighted average life of 0.8 years. Management identified $19.0 million of customer relationship intangible assets related to the acquisition of Cornerstone Macro, which are being amortized over a weighted average life of 7.2 years. In 2023, the Company recorded a measurement period adjustment to increase the value of the contingent consideration and goodwill related to the acquisition of DBO Partners. The Company also recorded a measurement period adjustment related to Stamford Partners in 2023, which resulted in an increase to goodwill.

At December 31, 2023, intangible assets with determinable lives consisted of customer relationships. The following table summarizes the future aggregate amortization expense of the Company's intangible assets with determinable lives:
(Amounts in thousands)
2024$9,445 
20257,887 
20267,253 
20273,480 
20282,191 
Thereafter541 
Total$30,797 

Indefinite-lived intangible assets consist of the Sandler trade name of $85.4 million, which is not subject to amortization.

The Company performed its annual impairment testing as of October 31, which resulted in no impairment related to goodwill or indefinite-lived intangible assets in 2023, 2022 and 2021.