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Goodwill and Other Intangible Assets, Net
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net GOODWILL AND OTHER INTANGIBLE ASSETS, NET
A summary of changes in the carrying amount of goodwill by operating segment for the years ended December 31, 2022 and 2021 were as follows (in thousands): 
Financial
Services
Benefits and
Insurance
Services
National
Practices
Total
Goodwill
Gross $412,086 $321,111 $33,873 $767,070 
Accumulated impairment $(44,047)$(7,733)$(32,207)$(83,987)
Net at December 31, 2020$368,039 $313,378 $1,666 $683,083 
Additions58,646 1,800 — 60,446 
Divestitures— (2,786)— (2,786)
Gross470,732 320,125 33,873 824,730 
Accumulated impairment(44,047)(7,733)(32,207)(83,987)
Net at December 31, 2021$426,685 $312,392 $1,666 $740,743 
Additions79,147 — — 79,147 
Other adjustment27 — — 27 
Gross549,906 320,125 33,873 903,904 
Accumulated impairment(44,047)(7,733)(32,207)(83,987)
Net at December 31,2022$505,859 $312,392 $1,666 $819,917 
We review goodwill at the reporting unit level at least annually, as of November 1, for impairment. We had five reporting units at November 1, 2022. No goodwill impairment was recognized as a result of the annual evaluation.
The components of goodwill and other intangible assets, net at December 31, 2022 and 2021 were as follows (in thousands):
 20222021
Goodwill$819,917 $740,743 
Intangibles :
Client lists302,822 249,422 
Other intangibles11,463 11,454 
Total intangibles314,285 260,876 
Total goodwill and other intangibles assets1,134,202 1,001,619 
Accumulated amortization:
Client lists(173,286)(152,326)
Other intangibles(9,214)(8,510)
Total accumulated amortization(182,500)(160,836)
Goodwill and other intangible assets, net$951,702 $840,783 
Amortization expense for client lists and other intangible assets was $21.7 million, $16.3 million and $13.6 million in 2022, 2021 and 2020, respectively. The weighted-average useful lives of total intangible assets, client lists and other intangible assets were 7.6 years, 7.7 years and 5.3 years, respectively. Other intangible assets are amortized over periods ranging from 3 to 15 years. Based on the amount of intangible assets subject to amortization at December 31, 2022, the estimated amortization expense is $20.7 million for 2023, $19.2 million for 2024, $17.8 million for 2025, $15.8 million for 2026, $14.7 million for 2027, and $43.5 million thereafter.