Annual report pursuant to section 13 and 15(d)

Intangible Assets (Tables)

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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

At December 31, 2012 and 2011, intangible assets subject to amortization consisted of the following:

         
    December 31, 2012   December 31, 2011
     Estimated Useful Life (years)   Gross Carrying Amount   Accumulated Amortization   Gross Carrying Amount   Accumulated Amortization
Technology     1 & 7.7     $ 21,422     $ 3,621     $ 21,422     $ 882  
Relationships with financial advisors     20, 10.2 &
9.2
      68,688       11,523       67,895       5,576  
Vendor relationships     7       3,613       2,482       3,613       1,966  
Covenants not-to-compete     5 & 2.2       1,773       1,551       1,724       1,219  
Customer accounts     10 & 6.9       2,029       1,017       2,029       767  
Trade names     7.2 & 10       12,290       2,002       12,290       288  
Relationships with investment banking clients     4       2,586       2,586       2,586       2,586  
Leases     6       1,004       730       1,004       574  
Referral agreement     6.6       124       43       124       25  
Other     6       67       53       67       42  
Total         $ 113,596     $ 25,608     $ 112,754     $ 13,925
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Estimated amortization expense for each of the five succeeding years and thereafter is as follows:

 
2013   $ 11,613  
2014     11,336  
2015     10,910  
2016     10,711  
2017     10,551  
2018 – 2027     32,867  
     $ 87,988