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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2021
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, 2020 |  |  | Adjustments |  |  | Write-off |  |  | September 30, 2021 |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 335,009 |  |  | $ | — |  |  | $ | — |  |  | $ | 335,009 |
Institutional Group |  |  | 846,989 |  |  |  | 315 |  |  |  | — |  |  |  | 847,304 |
|  | $ | 1,181,998 |  |  | $ | 315 |  |  | $ | — |  |  | $ | 1,182,313 |
|  | December 31, 2020 |  |  | Adjustments |  |  | Amortization |  |  | September 30, 2021 |
Intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 44,671 |  |  | $ | — |  |  | $ | (4,319 | ) |  | $ | 40,352 |
Institutional Group |  |  | 96,313 |  |  |  | (43 | ) |  |  | (8,897 | ) |  |  | 87,373 |
|  | $ | 140,984 |  |  | $ | (43 | ) |  | $ | (13,216 | ) |  | $ | 127,725 |
Intangible Assets | Intangible assets as of September 30, 2021 and December 31, 2020 were as follows (in thousands):
|  | September 30, 2021 |  |  | December 31, 2020 |
|  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Gross Carrying Value |  |  | Accumulated Amortization |
Customer relationships |  | $ | 202,190 |  |  | $ | 93,819 |  |  | $ | 202,342 |  |  | $ | 85,152 |
Trade names |  |  | 28,659 |  |  |  | 16,973 |  |  |  | 28,659 |  |  |  | 15,660 |
Non-compete agreements |  |  | 9,240 |  |  |  | 5,302 |  |  |  | 9,240 |  |  |  | 4,229 |
Core deposits |  |  | 8,615 |  |  |  | 5,944 |  |  |  | 8,615 |  |  |  | 4,809 |
Investment banking backlog |  |  | 4,245 |  |  |  | 3,443 |  |  |  | 4,245 |  |  |  | 2,734 |
Acquired technology |  |  | 840 |  |  |  | 583 |  |  |  | 840 |  |  |  | 373 |
|  | $ | 253,789 |  |  | $ | 126,064 |  |  | $ | 253,941 |  |  | $ | 112,957 |
Amortization Expense in Future Periods | As of September 30, 2021, we expect amortization expense in future periods to be as follows (in thousands):
Fiscal year |  |  |  |
Remainder of 2021 |  | $ | 4,395 |
2022 |  |  | 16,421 |
2023 |  |  | 14,601 |
2024 |  |  | 13,908 |
2025 |  |  | 12,067 |
Thereafter |  |  | 64,215 |
|  | $ | 125,607 |

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