Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Carrying Amount of Goodwill and Intangible Assets

The carrying amount of goodwill and intangible assets attributable to each of our reporting segments is presented in the following table (in thousands):

	December 31, 2021		Adjustments		Write-off		March 31, 2022
Goodwill
Global Wealth Management	$	335,009	$	—	$	—	$	335,009
Institutional Group		971,883		2,400		—		974,283
	$	1,306,892	$	2,400	$	—	$	1,309,292

	December 31, 2021		Adjustments			Amortization			March 31, 2022
Intangible assets
Global Wealth Management	$	38,884	$	—		$	(1,417	)	$	37,467
Institutional Group		109,273		(2,436	)		(3,677	)		103,160
	$	148,157	$	(2,436	)	$	(5,094	)	$	140,627

Intangible Assets

Intangible assets as of March 31, 2022 and December 31, 2021 were as follows (in thousands):

	March 31, 2022				December 31, 2021
	Gross Carrying Value		Accumulated    Amortization		Gross Carrying Value		Accumulated    Amortization
Customer relationships	$	223,398	$	100,327	$	225,900	$	97,054
Trade names		30,359		18,586		30,359		17,694
Non-compete agreements		9,240		6,112		9,240		5,684
Core deposits		8,615		6,589		8,615		6,277
Investment banking backlog		4,245		3,733		4,245		3,680
Acquired technology		840		723		840		653
	$	276,697	$	136,070	$	279,199	$	131,042

Amortization Expense in Future Periods

As of March 31, 2022, we expect amortization expense in future periods to be as follows (in thousands):

Fiscal year
Remainder of 2022	$	14,063
2023		16,021
2024		15,195
2025		13,180
2026		12,993
Thereafter		67,057
	$	138,509