Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets

Goodwill Rollforward

Goodwill Rollforward
$ in millions		IS		WM		IM		Total
At December 31, 20161	$	275	$	5,533	$	769	$	6,577
Foreign currency and other		20		—		—		20
At December 31, 20171	$	295	$	5,533	$	769	$	6,597
Foreign currency and other		(21)		—		—		(21)
Acquired		—		—		112		112
At December 31, 20181	$	274	$	5,533	$	881	$	6,688
Accumulated
impairments2		673		—		27		700

IS—Institutional Securities

WM—Wealth Management

IM—Investment Management

• Balances represent cumulative the amount of the Firm’s goodwill after accumulated impairments.
• Balances represent cumulative amounts at December 31, 2018, 2017 and 2016 of impairments recognized prior to 2016.

Intangible Assets by Business Segment

Intangible Assets by Business Segment
$ in millions		IS		WM		IM		Total
Amortizable intangibles	$	349	$	2,092	$	4	$	2,445
Mortgage servicing rights		—		3		—		3
At December 31, 2017	$	349	$	2,095	$	4	$	2,448
Amortizable intangibles	$	270	$	1,828	$	60	$	2,158
Mortgage servicing rights		2		3		—		5
At December 31, 2018	$	272	$	1,831	$	60	$	2,163

Gross Amortizable Intangible Assets by Type

Gross Amortizable Intangible Assets by Type
		At December 31, 2018				At December 31, 2017
$ in millions		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trademarks	$	3	$	1	$	1	$	—
Tradename		283		59		283		50
Customer
relationships		4,067		2,446		4,059		2,193
Management
contracts		507		311		503		299
Other		175		60		329		188
Total	$	5,035	$	2,877	$	5,175	$	2,730

Estimated Future Amortization Expense

Estimated annual amortization expense for the next five years $ 296

Net Amortizable Intangible Assets Rollforward

Net Amortizable Intangible Assets Rollforward
$ in millions		IS		WM		IM		Total
At December 31, 2016	$	346	$	2,361	$	11	$	2,718
Acquired		51		—		—		51
Disposals		(15)		—		—		(15)
Amortization expense		(33)		(269)		(7)		(309)
At December 31, 2017	$	349	$	2,092	$	4	$	2,445
Acquired		—		—		66		66
Disposals		(6)		—		—		(6)
Amortization expense		(70)		(264)		(10)		(344)
Other		(3)		—		—		(3)
At December 31, 2018	$	270	$	1,828	$	60	$	2,158