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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2022
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, 2021 |  |  | Adjustments |  |  | Write-off |  |  | September 30, 2022 |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 335,009 |  |  | $ | — |  |  | $ | — |  |  | $ | 335,009 |
Institutional Group |  |  | 971,883 |  |  |  | 13,071 |  |  |  | — |  |  |  | 984,954 |
|  | $ | 1,306,892 |  |  | $ | 13,071 |  |  | $ | — |  |  | $ | 1,319,963 |
|  | December 31, 2021 |  |  | Adjustments |  |  | Amortization |  |  | September 30, 2022 |
Intangible assets |  |  |  |  |  |  |  |  |  |  |  |
Global Wealth Management |  | $ | 38,884 |  |  | $ | — |  |  | $ | (4,088 | ) |  | $ | 34,796 |
Institutional Group |  |  | 109,273 |  |  |  | 1,378 |  |  |  | (10,878 | ) |  |  | 99,773 |
|  | $ | 148,157 |  |  | $ | 1,378 |  |  | $ | (14,966 | ) |  | $ | 134,569 |
Intangible Assets | Intangible assets as of September 30, 2022 and December 31, 2021 were as follows (in thousands):
|  | September 30, 2022 |  |  | December 31, 2021 |
|  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Gross Carrying Value |  |  | Accumulated Amortization |
Customer relationships |  | $ | 226,133 |  |  | $ | 105,555 |  |  | $ | 225,900 |  |  | $ | 97,054 |
Trade names |  |  | 30,359 |  |  |  | 20,311 |  |  |  | 30,359 |  |  |  | 17,694 |
Non-compete agreements |  |  | 9,240 |  |  |  | 6,840 |  |  |  | 9,240 |  |  |  | 5,684 |
Core deposits |  |  | 8,615 |  |  |  | 7,145 |  |  |  | 8,615 |  |  |  | 6,277 |
Investment banking backlog |  |  | 4,245 |  |  |  | 4,172 |  |  |  | 4,245 |  |  |  | 3,680 |
Acquired technology |  |  | 840 |  |  |  | 840 |  |  |  | 840 |  |  |  | 653 |
|  | $ | 279,432 |  |  | $ | 144,863 |  |  | $ | 279,199 |  |  | $ | 131,042 |
Amortization Expense in Future Periods | As of September 30, 2022, we expect amortization expense in future periods to be as follows (in thousands):
Fiscal year |  |  |
Remainder of 2022 |  | $ | 4,362 |
2023 |  |  | 16,273 |
2024 |  |  | 15,374 |
2025 |  |  | 13,338 |
2026 |  |  | 12,987 |
Thereafter |  |  | 70,117 |
|  | $ | 132,451 |

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