Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

Intangible Assets

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

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



		September 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	$	14,938	$	25,563	$	12,488
Relationships with financial advisors	15.3	113,681		38,350		110,671		32,028
Covenants not-to-compete	3.9	6,095		4,308		6,035		3,347
Customer accounts	8.3	2,029		1,944		2,029		1,765
Trade names	7.7	16,910		9,461		16,910		7,790
Renewal revenue	7.9	41,381		11,168		41,381		7,263
Referral agreement	6.6	124		114		124		101
Total		$	205,783	$	80,283	$	202,713	$	64,782

Aggregate amortization expense for the nine months ended September 30, 2016 and 2015, respectively, amounted to $15,501 and $15,445. The weighted-average amortization period for total amortizable intangibles at September 30, 2016 is 9.59 years. As of September 30, 2016, the remaining estimated amortization expense for each of the five succeeding years and thereafter is as follows:




Remainder of 2016	$	5,188
2017	20,379
2018	19,594
2019	16,124
2020	14,641
2021 - 2039	49,574
	$	125,500