Intangible Assets (Tables)

6 Months Ended

Apr. 30, 2017

Intangible Assets [Abstract]

Schedule of the carrying amounts of intangible assets

April 30, 2017
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Client relationships acquired	$	134,247	$	(99,159)	$	35,088
Intellectual property acquired		1,025		(419)		606
Trademark acquired		4,257		(637)		3,620
Research system		639		(71)		568
Non-amortizing intangible assets:
Mutual fund management contracts acquired		54,408		-		54,408
Total	$	194,576	$	(100,286)	$	94,290

October 31, 2016
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Client relationships acquired	$	133,927	$	(94,873)	$	39,054
Intellectual property acquired		1,025		(385)		640
Trademark acquired		900		(493)		407
Non-amortizing intangible assets:
Mutual fund management contracts acquired		6,708		-		6,708
Total	$	142,560	$	(95,751)	$	46,809

Schedule of estimated amortization expense for the remainder of the fiscal year and the next five fiscal years

		Estimated
Year Ending October 31,		Amortization
(in thousands)		Expense
Remaining 2017	$	4,478
2018		8,927
2019		4,978
2020		3,807
2021		2,282
2022		2,154

Schedule of the carrying amounts of acquired intangible assets

April 30, 2017
(in thousands)	Weighted-Average Remaining Amortization Period (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Client relationships acquired	14.7	$	320	$	(7)	$	313
Trademark acquired	13.7		3,357		(80)		3,277
Research system	2.7		639		(71)		568
Non-amortizing intangible assets:
Mutual fund management contracts acquired			47,700		-		47,700
Total	12.3	$	52,016	$	(158)	$	51,858

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

		Estimated
Year Ending October 31,		Amortization
(in thousands)		Expense
Remaining 2017	$	237
2018		474
2019		474
2020		297
2021		261
2022		261