XML 56 R41.htm IDEA: XBRL DOCUMENT v3.22.0.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of the Company's goodwill by segment are as follows:
Institutional InvestorsInvestment ManagersInvestments in New BusinessesTotal
Balance, December 31, 2020$— $52,990 $11,499 $64,489 
Acquisition of Finomial— 3,825 — 3,825 
Acquisition of Novus 48,911 — — 48,911 
Foreign currency translation adjustments— — 
Balance, December 31, 2021$48,911 $56,822 $11,499 $117,232 
Schedule of Intangible Assets
The Company's intangible assets consist of:
2021Weighted Average Estimated Useful Life2020Weighted Average Estimated Useful Life
Acquired technology$47,780 8.5 years$13,510 10.0 years
Client relationships30,878 8.3 years16,940 13.9 years
Non-competition agreements3,470 5.0 years3,470 5.0 years
Trade name4,370 14.1 years2,840 7.0 years
86,498 36,760 
Less: Accumulated amortization(17,716)(12,456)
Intangible assets, net$68,782 $24,304 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The Company currently expects to recognize amortization expense related to intangible assets as of December 31, 2021 each year from 2022 through 2026 as follows:
YearExpected Amortization Expense Related to Intangible Assets
2022$12,278 
202311,585 
20248,125 
20257,906 
20267,799