Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

Intangible Assets

6 Months Ended

Jun. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

At June 30, 2016 and December 31, 2015, intangible assets subject to amortization consisted of the following:



		June 30, 2016				December 31, 2015
	Weighted-Average Estimated Useful Life (years)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Technology	7.9	$	25,563	$	14,121	$	25,563	$	12,488
Relationships with financial advisors	15.2	110,671		36,241		110,671		32,028
Covenants not-to-compete	3.9	6,035		3,988		6,035		3,347
Customer accounts	8.3	2,029		1,890		2,029		1,765
Trade names	7.7	16,910		8,904		16,910		7,790
Renewal revenue	7.9	41,381		9,854		41,381		7,263
Referral agreement	6.6	124		110		124		101
Total		$	202,713	$	75,108	$	202,713	$	64,782

Aggregate amortization expense for the six months ended June 30, 2016 and 2015, respectively, amounted to $10,326 and $10,240. The weighted-average amortization period for total amortizable intangibles at June 30, 2016 is 9.45 years. As of June 30, 2016, remaining estimated amortization expense for each of the five succeeding years and thereafter is as follows:




Remainder of 2016	$	10,320
2017	20,208
2018	19,424
2019	15,959
2020	14,491
2021 - 2039	47,203
	$	127,605