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, 2022		Adjustments		Write-off		December 31, 2023
Goodwill
Global Wealth Management	$	335,009	$	—	$	—	$	335,009
Institutional Group		991,539		61,695		—		1,053,234
	$	1,326,548	$	61,695	$	—	$	1,388,243


	December 31, 2022		Adjustments		Amortization			December 31, 2023
Intangible assets
Global Wealth Management	$	33,499	$	—	$	(4,812	)	$	28,687
Institutional Group		97,090		23,619		(16,117	)		104,592
	$	130,589	$	23,619	$	(20,929	)	$	133,279

The adjustments to goodwill and intangible assets included in our Institutional Group segment during the year ended December 31, 2023, are primarily attributable to the acquisitions of Torreya on March 1, 2023, and Sierra Pacific on August 1, 2023.

The allocation of the purchase price of these acquisitions are preliminary and will be finalized upon completion of the analysis of the fair values of the net assets as of the respective acquisition dates 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 each respective business, its employees, and customer base.

Amortizable intangible assets consist of acquired customer relationships, trade names, acquired technology, non-compete agreements, investment banking backlog, and core deposits that are amortized over their contractual or determined useful lives. Intangible assets as of December 31, 2023 and 2022, were as follows (in thousands):


	December 31, 2023				December 31, 2022
	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Customer relationships	$	227,486	$	122,971	$	225,631	$	109,216
Trade names		30,359		22,366		30,359		20,861
Acquired technology		18,314		3,447		840		840
Non-compete agreements		10,700		8,421		9,440		7,158
Investment banking backlog		8,913		5,758		5,545		4,377
Core deposits		8,615		8,145		8,615		7,389
	$	304,387	$	171,108	$	280,430	$	149,841

Amortization expense related to intangible assets was $20.9 million, $19.6 million, and $18.2 million for the years ended December 31, 2023, 2022, and 2021, 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, 2023, are: customer relationships, 9.6 years; trade names, 7.1 years; non-compete agreements, 4.4 years; acquired technology, 2.6 years; core deposits, 1.2 years; and investment banking backlog, 4.7 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, 2023, we expect amortization expense in future periods to be as follows (in thousands):


Fiscal year
2024	$	22,917
2025		20,952
2026		16,885
2027		13,188
2028		12,230
Thereafter		44,989
	$	131,161