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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2020
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, 2019 |  |  | Adjustments |  |  | Sale of ZCM |  |  | March 31, 2020 |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 344,981 |  |  | $ | — |  |  | $ | (9,972 | ) |  | $ | 335,009 |
Institutional Group |  |  | 849,093 |  |  |  | 412 |  |  |  | — |  |  |  | 849,505 |
|  | $ | 1,194,074 |  |  | $ | 412 |  |  | $ | (9,972 | ) |  | $ | 1,184,514 |
|  | December 31, 2019 |  |  | Adjustments / Sale of ZCM |  |  | Amortization |  |  | March 31, 2020 |
Intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 53,279 |  |  | $ | (1,532 | ) |  | $ | (1,735 | ) |  | $ | 50,012 |
Institutional Group |  |  | 108,494 |  |  |  | (563 | ) |  |  | (3,297 | ) |  |  | 104,634 |
|  | $ | 161,773 |  |  | $ | (2,095 | ) |  | $ | (5,032 | ) |  | $ | 154,646 |
Intangible Assets | Intangible assets as of March 31, 2020 and December 31, 2019 were as follows (in thousands):
|  | March 31, 2020 |  |  | December 31, 2019 |
|  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Gross Carrying Value |  |  | Accumulated Amortization |
Customer relationships |  | $ | 202,563 |  |  | $ | 76,762 |  |  | $ | 207,253 |  |  | $ | 75,987 |
Trade name |  |  | 28,659 |  |  |  | 14,112 |  |  |  | 28,659 |  |  |  | 13,649 |
Core deposits |  |  | 8,615 |  |  |  | 3,475 |  |  |  | 8,615 |  |  |  | 2,985 |
Non-compete agreements |  |  | 9,280 |  |  |  | 3,020 |  |  |  | 9,490 |  |  |  | 2,828 |
Investment banking backlog |  |  | 4,245 |  |  |  | 2,024 |  |  |  | 4,245 |  |  |  | 1,787 |
Acquired technology |  |  | 840 |  |  |  | 163 |  |  |  | 840 |  |  |  | 93 |
|  | $ | 254,202 |  |  | $ | 99,556 |  |  | $ | 259,102 |  |  | $ | 97,329 |
Amortization Expense In Future Periods | As of March 31, 2020, we expect amortization expense in future periods to be as follows (in thousands):
Fiscal year |  |  |  |
Remainder of 2020 |  | $ | 13,640 |
2021 |  |  | 17,326 |
2022 |  |  | 15,968 |
2023 |  |  | 14,678 |
2024 |  |  | 13,797 |
Thereafter |  |  | 77,119 |
|  | $ | 152,528 |

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