Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

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, 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

Intangible Assets

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 In Future Periods

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