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Intangible Assets (Notes)
12 Months Ended
Sep. 30, 2019
Intangible Assets [Abstract]  
Intangible Assets Disclosure [Text Block]
Intangible Assets
During the year ended September 30, 2019, the Company recorded a definite-lived intangible asset subject to amortization of $2.6 million for internally developed software acquired through the acquisition of CoinInvest GmbH and European Precious Metal Trading GmbH. The Company also recorded indefinite-lived intangible assets not subject to amortization of $2.1 million for website domains acquired through the acquisition of CoinInvest GmbH and European Precious Metal Trading GmbH. See Note 20 - Acquisitions for further discussion.
During the year ended September 30, 2019, the Company recorded a definite-lived intangible asset subject to amortization of $0.7 million for client base assets acquired through the acquisition of Fillmore Advisors, LLC. See Note 20 - Acquisitions for further discussion.
During the year ended September 30, 2019, the Company recorded an indefinite-lived intangible asset not subject to amortization of $2.7 million related to the acquisition of Akshay Financeware, Inc. See Note 20 - Acquisitions for further discussion.
The gross and net carrying values of intangible assets as of the balance sheet dates, by major intangible asset class are as follows (in millions):
 
September 30, 2019
 
September 30, 2018
 
Gross Amount
 
Accumulated
Amortization
 
Net Amount
 
Gross Amount
 
Accumulated
Amortization
 
Net Amount
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Software programs/platforms
$
5.3

 
$
(3.0
)
 
$
2.3

 
$
2.7

 
$
(2.6
)
 
$
0.1

Client base
22.1

 
(12.5
)
 
9.6

 
21.4

 
(10.1
)
 
11.3

Total intangible assets subject to amortization
27.4

 
(15.5
)
 
11.9

 
24.1

 
(12.7
)
 
11.4

 
 
 
 
 
 
 
 
 
 
 
 
Intangible assets not subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Website domains
2.1

 

 
2.1

 

 

 

Business licenses
2.7

 

 
2.7

 

 

 

Total intangible assets not subject to amortization
4.8

 

 
4.8

 

 

 

Total intangible assets
$
32.2

 
$
(15.5
)
 
$
16.7

 
$
24.1

 
$
(12.7
)
 
$
11.4


Amortization expense related to intangible assets was $2.8 million, $2.3 million, and $2.8 million for the years ended September 30, 2019, 2018, and 2017, respectively.
As of September 30, 2019, the estimated future amortization expense was as follows:
(in millions)
 
Fiscal 2020
$
2.9

Fiscal 2021
2.9

Fiscal 2022
1.6

Fiscal 2023
1.4

Fiscal 2024 and thereafter
3.1

 
$
11.9