Goodwill and Intangibles (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table presents the changes in the Company's goodwill balance, by reporting unit for the years ended December 31, 2015, 2014, and 2013:

	Alternative Investment			Broker- Dealer			Total
	(dollars in thousands)
Beginning balance - December 31, 2013
Goodwill	$	30,228		$	24,363		$	54,591
Accumulated impairment charges	(10,200		)	(7,151		)	(17,351		)
Net	20,028			17,212			37,240
Activity: 2014
Recognized goodwill	—			—			—
Goodwill impairment charges	—			(2,334		)	(2,334		)
Ending balance: December 31, 2014
Goodwill	30,228			24,363			54,591
Accumulated impairment charges	(10,200		)	(9,485		)	(19,685		)
Net	20,028			14,878			34,906
Activity: 2015
Recognized goodwill	—			23,455			23,455
Goodwill impairment charges	—			—			—
Ending balance: December 31, 2015
Goodwill	30,228			47,818			78,046
Accumulated impairment charges	(10,200		)	(9,485		)	(19,685		)
Net	$	20,028		$	38,333		$	58,361

Intangible Assets

		December 31, 2015							December 31, 2014
	Amortization Period	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(in years)	(in thousands)							(in thousands)
Investment contracts	5	$	3,900	$	(3,900	)	$	—	$	3,900	$	(3,900	)	$	—
Trade names	1 - 7.5	9,712		(8,897		)	815		9,612		(8,305		)	1,307
Customer relationships	3 - 14	29,484		(10,338		)	19,146		13,284		(8,936		)	4,348
Customer contracts	1.2	800		(800		)	—		800		(800		)	—
Non compete agreements and covenants with limiting conditions acquired	3 - 5	1,831		(172		)	1,659		31		(21		)	10
Intellectual property	3 - 10	8,237		(4,194		)	4,043		6,437		(3,619		)	2,818
		$	53,964	$	(28,301	)	$	25,663	$	34,064	$	(25,581	)	$	8,483

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated future amortization expense for the Company's intangible assets as of December 31, 2015 is as follows:

	(dollars in thousands)
2016	$	4,422
2017	3,955
2018	3,045
2019	2,384
2020	2,236
Thereafter	9,621
	$	25,663