Intangible Assets (Tables)

6 Months Ended

Apr. 30, 2014

Intangible Assets Disclosure Table [Abstract]

Schedule of the carrying amounts of intangible assets

April 30, 2014
(dollars in thousands)	Gross carrying amount		Accumulated amortization		Net carrying amount
Amortizing intangible assets:
Client relationships acquired	$	133,927	$	(72,325)	$	61,602
Intellectual property acquired		1,000		(223)		777
Trademark acquired		900		(171)		729
Non-amortizing intangible assets:
Mutual fund management contract acquired		6,708		-		6,708
Total	$	142,535	$	(72,719)	$	69,816

October 31, 2013
(dollars in thousands)	Gross carrying amount		Accumulated amortization		Net carrying amount
Amortizing intangible assets:
Client relationships acquired	$	133,927	$	(67,703)	$	66,224
Intellectual property acquired		1,000		(191)		809
Trademark acquired		900		(107)		793
Non-amortizing intangible assets:
Mutual fund management contract acquired		6,708		-		6,708
Total	$	142,535	$	(68,001)	$	74,534

Schedule of expected amortization expense for the next five fiscal years

Year Ending October 31,			Estimated Amortization
(in thousands)			Expense
Remaining 2014	$	4,690
2015		9,183
2016		8,741
2017		8,628
2018		8,599
2019		4,623