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Goodwill and Other Intangible Assets (Tables) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]      
Changes in Goodwill
Goodwill represents the excess of the cost of acquired assets over the fair value of the underlying liabilities assumed at the date of acquisition. Changes in goodwill were as follows (in thousands):
Trust SegmentAdvisory SegmentTotal
Balance at December 31, 2021$16,401 $— $16,401 
Salient Acquisition— 19,331 19,331 
Balance at December 31, 202216,401 19,331 35,732 
Salient Acquisition adjustment1
— (428)(428)
Broadmark Acquisition— 4,197 4,197 
Balance at December 31, 2023$16,401 $23,100 $39,501 
    
Summary of Intangible Assets
The following is a summary of intangible assets at December 31, 2023 and 2022 (in thousands, except years):
 
Weighted Average
Amortization
Period (years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
2023    
Client relationships15.0$34,397 $(12,906)$21,491 
Internally developed software5.81,439 (1,258)181 
Trade name3.03,800 (1,372)2,428 
Non-compete agreements3.01,100 (397)703 
 $40,736 $(15,933)$24,803 
2022    
Client relationships15.0$34,397 $(10,636)$23,761 
Internally developed software5.81,439 (1,012)427 
Trade name3.03,800 (105)3,695 
Non-compete agreements3.01,100 (31)1,069 
 $40,736 $(11,784)$28,952 
    
Amortization expense $ 4,149 $ 1,889 $ 1,624
Estimated Amortization Expense for Intangible Assets over the Next Five Years
Estimated amortization expense for intangible assets over the next five years, and thereafter, is as follows (in thousands):
For the year ending December 31,
Estimated
Amortization Expense
2024$4,095 
20253,939 
20262,293 
20272,293 
20282,293 
Thereafter9,890 
Total$24,803