| Schedule of goodwill activity |
| | (in thousands) | | 2012 | 2011 | | | Balance, beginning of period | | | $ | 142,302 | $ | 135,786 | | | Goodwill acquired | | | | 12,334 | | 6,516 | | | Balance, end of period | | | $ | 154,636 | $ | 142,302 |
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| Schedule of the carrying amounts of intangible assets |
| | October 31, 2012 | | | | | | | | | | | (dollars in thousands) | Weighted-average remaining amortization period (in years) | Gross carrying amount | Accumulated amortization | Net carrying amount | | | | | | | | | | | | | | Amortizing intangible assets: | | | | | | | | | | | Client relationships acquired | 7.0 | | $ | 110,327 | $ | (58,681) | $ | 51,646 | | | Intellectual property acquired | 13.6 | | | 1,000 | | (126) | | 874 | | | | | | | | | | | | | | Non-amortizing intangible assets: | | | | | | | | | | | Mutual fund management contract acquired | | | | 6,708 | | - | | 6,708 | | | Total | | | $ | 118,035 | $ | (58,807) | $ | 59,228 |
| | October 31, 2011 | | | | | | | | | | | (dollars in thousands) | Weighted-average remaining amortization period (in years) | Gross carrying amount | Accumulated amortization | Net carrying amount | | | | | | | | | | | | | | Amortizing intangible assets: | | | | | | | | | | | Client relationships acquired | 7.9 | | $ | 110,327 | $ | (50,749) | $ | 59,578 | | | Intellectual property acquired | 14.6 | | | 1,000 | | (62) | | 938 | | | | | | | | | | | | | | Non-amortizing intangible assets: | | | | | | | | | | | Mutual fund management contract acquired | | | | 6,708 | | - | | 6,708 | | | Total | | | $ | 118,035 | $ | (50,811) | $ | 67,224 |
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