Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Intangible Assets

The following is a summary of the Company’s intangible assets as of December 31:


		2025				2024
Advisory hedge fund contracts		$	-			$	11,900
Other fund contracts			10,500				10,500
Trade names			1,200				1,200
Retail SMA contracts			-				1,700
			11,700				25,300

Less: Accumulated amortization			(10,799	)			(23,338	)
			901				1,962

Mutual fund advisory contracts			40,207				40,207
Total		$	41,108			$	42,169

Schedule of Estimated Amortization Expenses

Estimated amortization expense for 2025 and subsequent years is as follows:


2026		$	683
2027			218
2028			-
2029			-
2030			-
Thereafter			-
Total		$	901