| Schedule of Intangible Assets, Net and Goodwill |
A summary of Intangible assets, net and goodwill is as follows (in thousands):
| | | | | | | | | | | | | May 31, 2022 | | November 30, 2021 | | Indefinite-lived intangibles: | | | | | Exchange and clearing organization membership interests and registrations | $ | 7,554 | | | $ | 7,732 | | | | | | | Amortizable intangibles: | | | | Customer and other relationships, net of accumulated amortization of $130,699 and $128,012 | 39,347 | | | 42,808 | | Trademarks and tradenames, net of accumulated amortization of $33,855 and $32,244 | 94,030 | | | 96,509 | | |
Other, net of accumulated amortization of $12,328 and $11,329 | 4,354 | | | 5,353 | | | Total intangible assets, net | 145,285 | | | 152,402 | | | | | | | Goodwill: | | | | | Investment Banking and Capital Markets (1) | 1,556,588 | | | 1,561,928 | | | Asset Management | 143,000 | | | 143,000 | | | Real estate | 36,711 | | | 36,711 | | | Other operations | 3,459 | | | 3,459 | | | Total goodwill | 1,739,758 | | | 1,745,098 | | | | | | | Total intangible assets, net and goodwill | $ | 1,885,043 | | | $ | 1,897,500 | |
(1) The decrease in Investment Banking and Capital Markets goodwill during the six months ended May 31, 2022, primarily relates to translation adjustments.
|
| Schedule of Estimated Aggregate Future Amortization Expense |
The estimated aggregate future amortization expense for the intangible assets for each of the next five fiscal years is as follows (in thousands):
| | | | | | | Remainder of current year | $ | 5,034 | | | 2023 | 9,900 | | | 2024 | 9,143 | | | 2025 | 8,633 | | | 2026 | 8,606 | |
|