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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 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 |  |  | June 30, 2020 |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 344,981 |  |  | $ | — |  |  | $ | (9,972 | ) |  | $ | 335,009 |
Institutional Group |  |  | 849,093 |  |  |  | (3,400 | ) |  |  | — |  |  |  | 845,693 |
|  | $ | 1,194,074 |  |  | $ | (3,400 | ) |  | $ | (9,972 | ) |  | $ | 1,180,702 |
|  | December 31, 2019 |  |  | Adjustments/ Sale of ZCM |  |  | Amortization |  |  | June 30, 2020 |
Intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 53,279 |  |  | $ | (1,532 | ) |  | $ | (3,382 | ) |  | $ | 48,365 |
Institutional Group |  |  | 108,494 |  |  |  | (640 | ) |  |  | (6,378 | ) |  |  | 101,476 |
|  | $ | 161,773 |  |  | $ | (2,172 | ) |  | $ | (9,760 | ) |  | $ | 149,841 |
Intangible Assets | Intangible assets as of June 30, 2020 and December 31, 2019 were as follows (in thousands):
|  | June 30, 2020 |  |  | December 31, 2019 |
|  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Gross Carrying Value |  |  | Accumulated Amortization |
Customer relationships |  | $ | 202,720 |  |  | $ | 79,863 |  |  | $ | 207,253 |  |  | $ | 75,987 |
Trade name |  |  | 28,659 |  |  |  | 14,628 |  |  |  | 28,659 |  |  |  | 13,649 |
Core deposits |  |  | 8,615 |  |  |  | 3,942 |  |  |  | 8,615 |  |  |  | 2,985 |
Non-compete agreements |  |  | 9,240 |  |  |  | 3,418 |  |  |  | 9,490 |  |  |  | 2,828 |
Investment banking backlog |  |  | 4,045 |  |  |  | 2,194 |  |  |  | 4,245 |  |  |  | 1,787 |
Acquired technology |  |  | 840 |  |  |  | 233 |  |  |  | 840 |  |  |  | 93 |
|  | $ | 254,119 |  |  | $ | 104,278 |  |  | $ | 259,102 |  |  | $ | 97,329 |
Amortization Expense In Future Periods | As of June 30, 2020, we expect amortization expense in future periods to be as follows (in thousands):
Fiscal year |  |  |  |
Remainder of 2020 |  | $ | 9,400 |
2021 |  |  | 17,769 |
2022 |  |  | 16,444 |
2023 |  |  | 14,619 |
2024 |  |  | 13,917 |
Thereafter |  |  | 75,574 |
|  | $ | 147,723 |

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