Quarterly report pursuant to Section 13 or 15(d)

Mergers and Acquisitions - Schedule of Estimated Fair Values of the Aggregate Assets and Liabilities Acquired (Details)

v3.23.3
Mergers and Acquisitions - Schedule of Estimated Fair Values of the Aggregate Assets and Liabilities Acquired (Details)
$ in Thousands
Sep. 30, 2023
USD ($)
Fair Value Of Assets And Liabilities Statement [Line Items]  
Cash and cash equivalents $ 12,858
Commissions and fees receivable - net 11,253
Fiduciary cash and receivables 98,616
Goodwill 266,737
Customer relationships1 172,500 [1]
Other current and non-current assets 4,363
Total assets acquired 566,327
Accounts payable and accrued liabilities 4,688
Accrued compensation 9,762
Fiduciary liabilities 100,398
Deferred tax liabilities 23,575
Other current and non-current liabilities 1,226
Total liabilities assumed 139,649
Net assets acquired 426,678
Griffin  
Fair Value Of Assets And Liabilities Statement [Line Items]  
Cash and cash equivalents 0
Commissions and fees receivable - net 1,495
Fiduciary cash and receivables 14,042
Goodwill 63,898
Customer relationships1 51,400 [1]
Other current and non-current assets 1,368
Total assets acquired 132,203
Accounts payable and accrued liabilities 0
Accrued compensation 850
Fiduciary liabilities 15,824
Deferred tax liabilities 0
Other current and non-current liabilities 0
Total liabilities assumed 16,674
Net assets acquired 115,529
ACE and Point6  
Fair Value Of Assets And Liabilities Statement [Line Items]  
Cash and cash equivalents 0
Commissions and fees receivable - net 4,288
Fiduciary cash and receivables 31,502
Goodwill 25,782
Customer relationships1 21,900 [1]
Other current and non-current assets 0
Total assets acquired 83,472
Accounts payable and accrued liabilities 2,358
Accrued compensation 507
Fiduciary liabilities 31,502
Deferred tax liabilities 0
Other current and non-current liabilities 0
Total liabilities assumed 34,367
Net assets acquired 49,105
Socius  
Fair Value Of Assets And Liabilities Statement [Line Items]  
Cash and cash equivalents 12,858
Commissions and fees receivable - net 5,470
Fiduciary cash and receivables 53,072
Goodwill 177,057
Customer relationships1 99,200 [1]
Other current and non-current assets 2,995
Total assets acquired 350,652
Accounts payable and accrued liabilities 2,330
Accrued compensation 8,405
Fiduciary liabilities 53,072
Deferred tax liabilities 23,575
Other current and non-current liabilities 1,226
Total liabilities assumed 88,608
Net assets acquired $ 262,044
[1]

1The acquired customer relationships have a weighted average amortization period of 13.2 years.