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Goodwill and Other Intangible Assets
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
The components of goodwill and other intangible assets at December 31, 2024 and 2023 are presented below:
December 31,
20242023
Goodwill$393,575 $394,898 
Other intangible assets (net of accumulated amortization)
– 30 
$393,575 $394,928 
Changes in the carrying amount of goodwill for the years ended December 31, 2024, 2023 and 2022 are as follows:
Year Ended December 31,
202420232022
Financial AdvisoryAsset ManagementTotalFinancial AdvisoryAsset ManagementTotalFinancial AdvisoryAsset ManagementTotal
Balance, January 1$313,628 $81,270 $394,898 $312,699 $64,541 $377,240 $314,880 $64,541 $379,421 
Acquisition of
   business		– – – – 16,729 16,729 – – – 
Foreign currency
   translation
   adjustments		(1,323)– (1,323)929 – 929 (2,181)– (2,181)
Balance, December 31$312,305 $81,270 $393,575 $313,628 $81,270 $394,898 $312,699 $64,541 $377,240 
The Company tests goodwill for impairment annually or more frequently if circumstances indicate that impairment may have occurred. Pursuant to the Company’s goodwill impairment tests for the years ended December 31, 2024, 2023 and 2022, the Company determined that no impairment existed.