Intangible Assets (Tables)
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6 Months Ended |
Jun. 30, 2019 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Intangible Assets, Indefinite Lived |
At June 30, 2019 and December 31, 2018, intangible assets subject to amortization consisted of the following:
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June 30, 2019 |
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December 31, 2018 |
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Weighted-Average Estimated Useful Life (years) |
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Gross Carrying Amount |
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Accumulated Amortization |
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Gross Carrying Amount |
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Accumulated Amortization |
Technology |
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7.9 |
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$ |
25,563 |
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$ |
23,701 |
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$ |
25,563 |
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$ |
22,187 |
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Relationships with financial advisors |
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14.3 |
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126,121 |
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64,814 |
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126,122 |
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59,584 |
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Covenants not-to-compete |
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3.8 |
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6,964 |
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6,496 |
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6,964 |
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6,258 |
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Trade names |
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7.7 |
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16,919 |
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14,731 |
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16,916 |
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14,472 |
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Total |
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$ |
175,567 |
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$ |
109,742 |
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$ |
175,565 |
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$ |
102,501 |
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| Schedule of Tangible Assets, Finite Lived |
At June 30, 2019 and December 31, 2018, intangible assets subject to amortization consisted of the following:
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June 30, 2019 |
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December 31, 2018 |
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|
Weighted-Average Estimated Useful Life (years) |
|
Gross Carrying Amount |
|
Accumulated Amortization |
|
Gross Carrying Amount |
|
Accumulated Amortization |
Technology |
|
7.9 |
|
$ |
25,563 |
|
|
$ |
23,701 |
|
|
$ |
25,563 |
|
|
$ |
22,187 |
|
Relationships with financial advisors |
|
14.3 |
|
126,121 |
|
|
64,814 |
|
|
126,122 |
|
|
59,584 |
|
Covenants not-to-compete |
|
3.8 |
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6,964 |
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6,496 |
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|
6,964 |
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6,258 |
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Trade names |
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7.7 |
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16,919 |
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14,731 |
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|
16,916 |
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|
14,472 |
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Total |
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$ |
175,567 |
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$ |
109,742 |
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$ |
175,565 |
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$ |
102,501 |
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| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
As of June 30, 2019, the remaining estimated amortization expense for each of the five succeeding years and thereafter is as follows:
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Remainder of 2019 |
$ |
5,829 |
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2020 |
11,466 |
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2021 |
6,628 |
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2022 |
6,554 |
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2023 |
6,217 |
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2024 - 2036 |
29,131 |
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$ |
65,825 |
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