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Goodwill And Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Carrying Amount Of Goodwill And Intangible Assets Error extracting Word content

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,

2017

 

 

Net Additions

 

 

Write-off

 

 

December 31,

2018

 

Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

276,477

 

 

$

63,918

 

 

$

 

 

$

340,395

 

Institutional Group

 

 

692,357

 

 

 

1,927

 

 

 

 

 

 

694,284

 

 

 

$

968,834

 

 

$

65,845

 

 

$

 

 

$

1,034,679

 

 

 

 

December 31,

2017

 

 

Net Additions

 

 

Amortization

 

 

December 31,

2018

 

Intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

44,525

 

 

$

21,780

 

 

$

(5,773

)

 

$

60,532

 

Institutional Group

 

 

65,102

 

 

 

805

 

 

 

(6,784

)

 

 

59,123

 

 

 

$

109,627

 

 

$

22,585

 

 

$

(12,557

)

 

$

119,655

 

Intangible Assets Subject To Amortization Intangible assets subject to amortization as of December 31, 2018 and 2017 were as follows (in thousands):

 

 

 

December 31, 2018

 

 

December 31, 2017

 

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

Customer relationships

 

$

160,745

 

 

$

65,254

 

 

$

146,986

 

 

$

55,809

 

Trade name

 

 

24,713

 

 

 

11,755

 

 

 

24,713

 

 

 

10,228

 

Core deposits

 

 

8,615

 

 

 

816

 

 

 

 

 

 

 

Non-compete agreements

 

 

2,603

 

 

 

1,452

 

 

 

2,598

 

 

 

1,202

 

Investment banking backlog

 

 

1,431

 

 

 

1,293

 

 

 

1,419

 

 

 

968

 

 

 

$

198,107

 

 

$

80,570

 

 

$

175,716

 

 

$

68,207

 

 

Amortization Expense In Future Periods As of December 31, 2018, we expect amortization expense in future periods to be as follows (in thousands):

 

Fiscal year

 

 

 

 

2019

 

$

13,737

 

2020

 

 

13,164

 

2021

 

 

12,310

 

2022

 

 

11,494

 

2023

 

 

10,673

 

Thereafter

 

 

56,159

 

 

 

$

117,537