Goodwill And Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2014

Goodwill And Intangible Assets [Abstract]

Carrying Amount Of Goodwill And Intangible Assets

	December 31, 2013		Net additions		Impairment losses		September 30, 2014
Goodwill
Global Wealth Management	$	161,358	$	2,293	$	-	$	163,651
Institutional Group		565,978		32,676		-		598,654
	$	727,336	$	34,969	$	-	$	762,305

	December 31, 2013		Net additions		Amortization		September 30, 2014
Intangible assets
Global Wealth Management	$	19,394	$	1,670	$	(6,324)	$	14,740
Institutional Group		30,495		-		(3,438)		27,057
	$	49,889	$	1,670	$	(9,762)	$	41,797

The adjustments to goodwill and intangible assets during the nine months ended September 30, 2014 are primarily attributable to our acquisition of De La Rosa & Co (“DLR”), which closed on April 3, 2014 and Oriel Securities, which closed on July 31, 2014. The allocation of the purchase price of DLR and Oriel are preliminary and will be finalized upon completion of the analysis of the fair values of the net assets of DLR and Oriel 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.

Intangible Assets Subject To Amortization

	September 30, 2014				December 31, 2013
	Gross carrying value		Accumulated amortization		Gross carrying value		Accumulated amortization
Customer relationships	$	51,866	$	27,681	$	51,166	$	24,034
Trade name		19,342		4,930		18,442		3,585
Investment banking backlog		7,388		7,348		7,388		6,871
Core deposits		5,447		4,587		5,447		182
Non-compete agreements		2,511		2,494		-		-
	$	86,554	$	47,040	$	82,443	$	34,672

Amortization Expense In Future Periods

Fiscal year
Remainder of 2014	$	2,380
2015		5,257
2016		4,701
2017		4,129
2018		3,642
Thereafter		19,405
	$	39,514