Intangible Assets, Net and Goodwill (Tables)

3 Months Ended

Feb. 28, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets, Net and Goodwill

A summary of Intangible assets, net and goodwill is as follows (in thousands):

	February 28, 2021		November 30, 2020
Indefinite-lived intangibles:
Exchange and clearing organization membership interests and registrations	$	7,923	$	7,884
Amortizable intangibles:
Customer and other relationships, net of accumulated amortization of $122,163 and $119,694	49,344		51,285
Trademarks and tradenames, net of accumulated amortization of $29,680 and $28,585	99,924		100,255
Other, net of accumulated amortization of $9,574 and $8,953	7,108		7,729
Total intangible assets, net	164,299		167,153
Goodwill:
Investment Banking and Capital Markets (1)	1,566,853		1,563,144
Asset Management	143,000		143,000
Real estate	36,711		36,711
Other operations	3,459		3,459
Total goodwill	1,750,023		1,746,314
Total intangible assets, net and goodwill	$	1,914,322	$	1,913,467

(1)    The increase in Investment Banking and Capital Markets goodwill during the three months ended February 28, 2021, primarily relates to translation adjustments.

Schedule of Estimated Aggregate Future Amortization Expense

The estimated aggregate future amortization expense for the intangible assets for each of the next five years is as follows (in thousands): 

Remainder of current year	$	10,789
2022	11,134
2023	9,900
2024	9,143
2025	8,632