Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.6.0.2
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
At December 31, 2016 and 2015, intangible assets subject to amortization consisted of the following:
 
 
Weighted-Average
 
December 31, 2016
 
December 31, 2015
  
 
Estimated Useful Life (years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Technology
 
7.9
 
$
25,563

 
$
15,754

 
$
25,563

 
$
12,488

Relationships with financial advisors
 
15.5
 
117,995

 
40,505

 
110,671

 
32,028

Vendor relationships
 
7
 
3,613

 
3,613

 
3,613

 
3,613

Covenants not-to-compete
 
3.9
 
6,421

 
4,638

 
6,035

 
3,347

Customer accounts
 
8.3
 
2,029

 
1,971

 
2,029

 
1,765

Trade names
 
7.7
 
16,910

 
10,017

 
16,910

 
7,790

Renewal revenue
 
7.9
 
41,381

 
12,481

 
41,381

 
7,263

Relationships with investment banking clients
 
4
 
2,586

 
2,586

 
2,586

 
2,586

Leases
 
6
 
861

 
861

 
861

 
861

Referral agreement
 
6.6
 
124

 
119

 
124

 
101

Other
 
6
 
67

 
67

 
67

 
67

Total
 
 
 
$
217,550

 
$
92,612

 
$
209,840

 
$
71,909

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense for each of the five succeeding years and thereafter is as follows:

 
 
2017
$
20,703

2018
19,918

2019
16,444

2020
14,857

2021
10,144

Thereafter
42,872

  
$
124,938