Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

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, 2020		Adjustments		Write-off		March 31, 2021
Goodwill
Global Wealth Management	$	335,009	$	—	$	—	$	335,009
Institutional Group		846,989		315		—		847,304
	$	1,181,998	$	315	$	—	$	1,182,313

	December 31, 2020		Adjustments		Amortization			March 31, 2021
Intangible assets
Global Wealth Management	$	44,671	$	—	$	(1,305	)	$	43,366
Institutional Group		96,313		60		(2,963	)		93,410
	$	140,984	$	60	$	(4,268	)	$	136,776

Intangible Assets

Intangible assets as of March 31, 2021 and December 31, 2020 were as follows (in thousands):

	March 31, 2021				December 31, 2020
	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Customer relationships	$	202,424	$	87,941	$	202,342	$	85,152
Trade names		28,659		16,097		28,659		15,660
Non-compete agreements		9,240		4,586		9,240		4,229
Core deposits		8,615		5,210		8,615		4,809
Investment banking backlog		4,245		2,970		4,245		2,734
Acquired technology		840		443		840		373
	$	254,023	$	117,247	$	253,941	$	112,957

Amortization Expense in Future Periods

As of March 31, 2021, we expect amortization expense in future periods to be as follows (in thousands):

Fiscal year
Remainder of 2021	$	13,554
2022		16,454
2023		14,601
2024		13,888
2025		11,841
Thereafter		64,320
	$	134,658