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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2019
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, 2018 |  |  | Net Additions |  |  | Write-off |  |  | December 31, 2019 |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 340,395 |  |  | $ | 4,586 |  |  | $ | — |  |  | $ | 344,981 |
Institutional Group |  |  | 694,284 |  |  |  | 154,809 |  |  |  | — |  |  |  | 849,093 |
|  | $ | 1,034,679 |  |  | $ | 159,395 |  |  | $ | — |  |  | $ | 1,194,074 |
|  | December 31, 2018 |  |  | Net Additions |  |  | Amortization |  |  | December 31, 2019 |
Intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 60,532 |  |  | $ | — |  |  | $ | (7,253 | ) |  | $ | 53,279 |
Institutional Group |  |  | 59,123 |  |  |  | 58,133 |  |  |  | (8,762 | ) |  |  | 108,494 |
|  | $ | 119,655 |  |  | $ | 58,133 |  |  | $ | (16,015 | ) |  | $ | 161,773 |
Intangible Assets | Intangible assets as of December 31, 2019 and 2018, were as follows (in thousands):
|  | December 31, 2019 |  |  | December 31, 2018 |
|  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Gross Carrying Value |  |  | Accumulated Amortization |
Customer relationships |  | $ | 198,248 |  |  | $ | 75,987 |  |  | $ | 160,745 |  |  | $ | 65,254 |
Trade name |  |  | 28,123 |  |  |  | 13,649 |  |  |  | 26,831 |  |  |  | 11,755 |
Core deposits |  |  | 8,615 |  |  |  | 2,985 |  |  |  | 8,615 |  |  |  | 816 |
Non-compete agreements |  |  | 8,319 |  |  |  | 2,828 |  |  |  | 2,603 |  |  |  | 1,452 |
Investment banking backlog |  |  | 4,245 |  |  |  | 1,787 |  |  |  | 1,431 |  |  |  | 1,293 |
Acquired technology |  |  | 840 |  |  |  | 93 |  |  |  | — |  |  |  | — |
Estimated GMP Capital intangibles (1) |  |  | 10,712 |  |  |  | — |  |  |  | — |  |  |  | — |
|  | $ | 259,102 |  |  | $ | 97,329 |  |  | $ | 200,225 |  |  | $ | 80,570 |
| (1) | See discussion regarding the allocation of the estimated goodwill and intangibles recorded for the GMP Capital acquisition.
Amortization Expense In Future Periods | As of December 31, 2019, we expect amortization expense in future periods to be as follows (in thousands):
Fiscal year |  |  |  |
2020 |  | $ | 18,796 |
2021 |  |  | 17,686 |
2022 |  |  | 16,310 |
2023 |  |  | 15,021 |
2024 |  |  | 14,034 |
Thereafter |  |  | 77,808 |
|  | $ | 159,655 |

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