Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.7.0.1
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
At March 31, 2017 and December 31, 2016, intangible assets subject to amortization consisted of the following:

 
 
 
 
March 31, 2017
 
December 31, 2016
  
 
Weighted-Average Estimated Useful Life (years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Technology
 
7.9
 
$
25,563

 
$
16,571

 
$
25,563

 
$
15,754

Relationships with financial advisors
 
14.7
 
117,995

 
42,920

 
117,995

 
40,505

Vendor relationships
 
7
 
3,613

 
3,613

 
3,613

 
3,613

Covenants not-to-compete
 
3.9
 
6,421

 
4,990

 
6,421

 
4,638

Customer accounts
 
8.3
 
2,029

 
1,997

 
2,029

 
1,971

Trade names
 
7.7
 
16,910

 
10,574

 
16,910

 
10,017

Renewal revenue
 
7.9
 
41,381

 
13,795

 
41,381

 
12,481

Relationship with investment banking clients
 
4
 
2,586

 
2,586

 
2,586

 
2,586

Leases
 
6
 
861

 
861

 
861

 
861

Referral agreement
 
6.6
 
124

 
124

 
124

 
119

Other
 
6
 
67

 
67

 
67

 
67

Total
 
 
 
$
217,550

 
$
98,098

 
$
217,550

 
$
92,612

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of March 31, 2017, the remaining estimated amortization expense for each of the five succeeding years and thereafter is as follows:

 
 
Remainder of 2017
$
15,841

2018
20,462

2019
16,987

2020
15,400

2021
10,687

2022 - 2039
40,075

  
$
119,452