Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Goodwill

The changes in the carrying amount of goodwill reported in the Company's operating segments were as follows:

	Wealth Solutions		Health Solutions		Investment Management		Consolidated
Balance as of January 1, 2022	$	17	$	24	$	31	$	72
Additions from business combinations	—		—		255		255
Balance as of December 31, 2022	$	17	$	24	$	286	$	327
Additions from business combinations	—		319		—		319
Balance as of June 30, 2023	$	17	$	343	$	286	$	646

Other Intangible Assets

The following table presents other intangible assets as of the dates indicated:

	Weighted Average Amortization Lives	June 30, 2023						December 31, 2022
		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Indefinite-life intangibles:
Right to manage client assets	N/A	$	345	$	—	$	345	$	345	$	—	$	345
Management contract rights	N/A	5		—		5		5		—		5
Total indefinite-life intangibles		$	350	$	—	$	350	$	350	$	—	$	350
Finite-life intangibles:
Management contract rights	17 years	$	190	$	10	$	180	$	741	$	554	$	187
Customer relationship lists	8 years	325		119		206		135		111		24
Trademarks	8 years	15		1		14		—		—		—
Computer software	4 years	483		325		158		502		432		70
Total intangible assets		$	1,363	$	455	$	908	$	1,728	$	1,097	$	631

Amortization expense related to intangible assets were $42 and $22 for the six months ended June 30, 2023 and 2022, respectively. Fully amortized management contract rights of $550 were written off during the quarter.