Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 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		September 30, 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			September 30, 2021
Intangible assets
Global Wealth Management	$	44,671	$	—		$	(4,319	)	$	40,352
Institutional Group		96,313		(43	)		(8,897	)		87,373
	$	140,984	$	(43	)	$	(13,216	)	$	127,725

Intangible Assets

Intangible assets as of September 30, 2021 and December 31, 2020 were as follows (in thousands):

	September 30, 2021				December 31, 2020
	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Customer relationships	$	202,190	$	93,819	$	202,342	$	85,152
Trade names		28,659		16,973		28,659		15,660
Non-compete agreements		9,240		5,302		9,240		4,229
Core deposits		8,615		5,944		8,615		4,809
Investment banking backlog		4,245		3,443		4,245		2,734
Acquired technology		840		583		840		373
	$	253,789	$	126,064	$	253,941	$	112,957

Amortization Expense in Future Periods

As of September 30, 2021, we expect amortization expense in future periods to be as follows (in thousands):

Fiscal year
Remainder of 2021	$	4,395
2022		16,421
2023		14,601
2024		13,908
2025		12,067
Thereafter		64,215
	$	125,607