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		December 31, 2022
Goodwill
Global Wealth Management	$	335,009	$	—	$	—	$	335,009
Institutional Group		971,883		19,656		—		991,539
	$	1,306,892	$	19,656	$	—	$	1,326,548


	December 31, 2021		Adjustments		Amortization			December 31, 2022
Intangible assets
Global Wealth Management	$	38,884	$	—	$	(5,385	)	$	33,499
Institutional Group		109,273		2,027		(14,210	)		97,090
	$	148,157	$	2,027	$	(19,595	)	$	130,589

The adjustments to goodwill and intangible assets included in our Institutional Group segment during the year ended December 31, 2022, are primarily attributable to the acquisition of ACXIT Capital Partners on July 1, 2022 and Vining Sparks on November 1, 2021.

The allocation of the purchase price of the ACXIT Capital Partners acquisition is preliminary and will be finalized upon completion of the analysis of the fair values of the net assets as of the acquisition date and the identified intangible assets. The final goodwill recorded on the consolidated statement of financial condition may differ from that reflected herein as a result of future measurement period adjustments and the recording of identified intangible assets. See Note 3 in the notes to our consolidated financial statements for additional information regarding our acquisitions.

The goodwill represents the value expected from the synergies created through the operational enhancement benefits that will result from the integration of the business, its employees, and customer base.

Amortizable intangible assets consist of acquired customer relationships, trade names, non-compete agreements, core deposits, investment banking backlog, and acquired technology that are amortized over their contractual or determined useful lives. Intangible assets as of December 31, 2022 and 2021, were as follows (in thousands):


	December 31, 2022				December 31, 2021
	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Customer relationships	$	225,631	$	109,216	$	225,900	$	97,054
Trade names		30,359		20,861		30,359		17,694
Non-compete agreements		9,440		7,158		9,240		5,684
Core deposits		8,615		7,389		8,615		6,277
Investment banking backlog		5,545		4,377		4,245		3,680
Acquired technology		840		840		840		653
	$	280,430	$	149,841	$	279,199	$	131,042

Amortization expense related to intangible assets was $19.6 million, $18.2 million, and $19.6 million for the years ended December 31, 2022, 2021, and 2020, respectively, and is included in other operating expenses in the consolidated statements of operations.

The weighted-average remaining lives of the following intangible assets at December 31, 2022, are: customer relationships, 9.1 years; trade names, 7.3 years; non-compete agreements, 4.4 years; core deposits, 1.7 years; and investment banking backlog, 6.4 years. We have an intangible asset that is not subject to amortization and is, therefore, not included in the table below. As of December 31, 2022, we expect amortization expense in future periods to be as follows (in thousands):


Fiscal year
2023	$	16,680
2024		15,778
2025		13,615
2026		12,960
2027		11,749
Thereafter		57,689
	$	128,471