Acquisitions, Goodwill and Intangible Assets (Tables)

12 Months Ended

Oct. 31, 2019

Acquisitions, Goodwill and Intangible Assets [Abstract]

Schedule of the carrying amounts of intangible assets

October 31, 2019
(dollars in thousands)	Weighted-Average Remaining Amortization Period (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Client relationships acquired	9.5	$	134,247	$	(115,921)	$	18,326
Intellectual property acquired	6.6		1,025		(586)		439
Trademark acquired	11.1		4,257		(1,558)		2,699
Research system acquired	0.2		639		(604)		35
Non-amortizing intangible assets:
Mutual fund management contracts
acquired			54,408		-		54,408
Total		$	194,576	$	(118,669)	$	75,907

October 31, 2018
(dollars in thousands)	Weighted-Average Remaining Amortization Period (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Client relationships acquired	9.5	$	134,247	$	(111,591)	$	22,656
Intellectual property acquired	7.6		1,025		(519)		506
Trademark acquired	11.6		4,257		(1,190)		3,067
Research system acquired	1.2		639		(391)		248
Non-amortizing intangible assets:
Mutual fund management contracts
acquired			54,408		-		54,408
Total		$	194,576	$	(113,691)	$	80,885

Schedule of estimated amortization expense associated with acquired intangible assets for the next five fiscal years

		Estimated
Year Ending October 31,		Amortization
(in thousands)		Expense
2020	$	3,807
2021		2,282
2022		2,154
2023		1,754
2024		1,679