Annual report pursuant to Section 13 and 15(d)

Goodwill (Tables)

v3.19.1
Goodwill (Tables)
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Asset Impairment [Abstract]  
Schedule of Goodwill
Changes to the carrying amount of goodwill during the years ended December 31, 2018 and 2017 are as follows:
 
 
Ladenburg
 
Independent Advisory and Brokerage Services
 
Insurance Brokerage
 
Total
Balance as of December 31, 2016
 
$
301

 
$
111,031

 
$
12,699

 
$
124,031

Correction related to Foothill acquisition purchase price allocation (1)
 
—

 
179

 
—

 
179

Balance as of December 31, 2017
 
$
301

 
$
111,210

 
$
12,699

 
$
124,210

Benefit applied to reduce goodwill
 
—

 
(541
)
 
—

 
(541
)
Business acquisitions
 
—

 
246

 
2,164

 
2,410

Balance as of December 31, 2018
 
$
301

 
$
110,915

 
$
14,863

 
$
126,079



(1) During 2017, Securities America corrected the allocation of purchase price related to the Foothill acquisition, which resulted in an increase in goodwill and related increase in contingent deferred liability.