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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets The changes in the carrying amount of the Company's goodwill by segment are as follows:
|  | Institutional Investors |  | Investment Managers |  | Investments in New Businesses |  | Total
Balance, December 31, 2022 |  | $ | 47,108 |  |  | $ | 56,992 |  |  | $ | 11,499 |  |  | $ | 115,599 |
Foreign currency translation adjustments |  | — |  |  | 3 |  |  | — |  |  | 3 |
Balance, June 30, 2023 |  | $ | 47,108 |  |  | $ | 56,995 |  |  | $ | 11,499 |  |  | $ | 115,602 |
In April 2018, the Company acquired all ownership interests of Huntington Steele, LLC (Huntington Steele). The total purchase price for Huntington Steele included a contingent purchase price payable to the sellers which is determined at various intervals occurring between 2019 and 2023. The Company made payments of $904 and $868 during the six months ended June 30, 2023 and 2022, respectively, to the sellers. As of June 30, 2023, the remaining amount of the contingent consideration of $8,177 is included in Accrued liabilities on the accompanying Balance Sheet. During July 2023, the Company exercised its option to settle the contingent consideration and made payments totaling $7,985 to the sellers. The Company recognized $6,113 and $6,496 of amortization expense related to acquired intangible assets during the six months ended June 30, 2023 and 2022, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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