Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2020

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, 2019		Adjustments		Sale of ZCM			March 31, 2020
Goodwill
Global Wealth Management	$	344,981	$	—	$	(9,972	)	$	335,009
Institutional Group		849,093		412		—			849,505
	$	1,194,074	$	412	$	(9,972	)	$	1,184,514

	December 31, 2019		Adjustments / Sale of ZCM			Amortization			March 31, 2020
Intangible assets
Global Wealth Management	$	53,279	$	(1,532	)	$	(1,735	)	$	50,012
Institutional Group		108,494		(563	)		(3,297	)		104,634
	$	161,773	$	(2,095	)	$	(5,032	)	$	154,646

Intangible Assets

Intangible assets as of March 31, 2020 and December 31, 2019 were as follows (in thousands):

	March 31, 2020				December 31, 2019
	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Customer relationships	$	202,563	$	76,762	$	207,253	$	75,987
Trade name		28,659		14,112		28,659		13,649
Core deposits		8,615		3,475		8,615		2,985
Non-compete agreements		9,280		3,020		9,490		2,828
Investment banking backlog		4,245		2,024		4,245		1,787
Acquired technology		840		163		840		93
	$	254,202	$	99,556	$	259,102	$	97,329

Amortization Expense In Future Periods

As of March 31, 2020, we expect amortization expense in future periods to be as follows (in thousands):

Fiscal year
Remainder of 2020	$	13,640
2021		17,326
2022		15,968
2023		14,678
2024		13,797
Thereafter		77,119
	$	152,528