Silvercrest Asset Management Group

Silvercrest Asset Management Group, Inc. operates as a wealth management firm. The firm provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors. It also offers portfolio, equity, and fixed income management and outsourced investment services. The company was founded in April 2002 and is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Silvercrest Asset Management reports revenue decline, eyes growth opportunities

Silvercrest Asset Management Group faced revenue and profitability challenges in Q4 2022, with a decline in Adjusted EBITDA.
Despite client outflows and revenue decreases, the firm highlighted its clean balance sheet and growth strategies.
Opportunities lie in expanding the client base through OCIO initiatives, international distribution, and potential acquisitions.

Silvercrest Asset Management reports mixed Q1 results amid revenue decline

Silvercrest Asset Management Group's Q1 2023 performance reflects mixed results with AUM growth but revenue decline, necessitating a focus on cost management and revenue diversification.
The company's strengths lie in its diversified service offerings, strong institutional pipeline, and strategic marketing efforts targeting key client segments.
Challenges include declining discretionary AUM, revenue, and increased expenses, highlighting the need for strategic adjustments to drive sustainable growth.
Amid challenges, opportunities exist in expanding client base, new product development, and leveraging marketing efforts to drive business growth and profitability.

Silvercrest Asset Management reports mixed Q2 results amid growth opportunities

Silvercrest Asset Management Group faced revenue decline and increased expenses in Q2 2023.
Despite challenges, the company demonstrated strength in asset growth and dividend declaration.
Opportunities lie in interest rate benefits, pipeline growth, and strategic expense management.
Overall, Silvercrest's performance reflects a mix of challenges and opportunities in the current market.

Silvercrest Asset Management Group reports stable performance amidst growth challenges

Silvercrest Asset Management Group demonstrated stability in AUM and financial performance in Q3 2023, despite facing challenges in business development and increased expenses.
The company's strategic strengths lie in its resilient OCIO business, ability to navigate uncertainties, and commitment to shareholder value through dividends.
While challenges like weakened business pipeline and expense management persist, opportunities in post-COVID recovery and strategic growth initiatives offer avenues for future success.

Silvercrest Asset Management Group sees AUM growth amidst revenue decline

SAMG's Q4 2023 marked a turnaround year with AUM growth, despite revenue and profitability declines.
The company faces challenges in managing expenses and restoring profitability levels.
Opportunities lie in expanding OCIO AUM, leveraging market trends, and investing in growth initiatives.
Overall, SAMG's strategic focus on growth and navigating market dynamics will be key to future success.

Silvercrest Asset Management Group reports strong Q1 growth and profitability

Silvercrest Asset Management Group demonstrated robust financial performance and strategic growth initiatives in Q1 2024, underlining its position as a leading wealth management firm.
While facing challenges related to increased expenses and operational complexities, Silvercrest's strengths in client-centric services and investment expertise provide a solid foundation for future success.
By capitalizing on opportunities to expand client base, enhance service offerings, and optimize resources, Silvercrest is well-positioned to navigate market dynamics and drive sustainable growth.

Silvercrest Asset Management Group reports stable Q2 performance and growth opportunities

Silvercrest Asset Management Group reported stable financial performance with a focus on future growth initiatives and shareholder value.
Despite challenges such as the loss of institutional mandates and higher expenses, the company remains well-positioned for long-term success.
Opportunities in expanding service offerings, capitalizing on market trends, and growing OCIO assets present avenues for revenue growth and client acquisition.
Strategic investments in talent and a commitment to financial stability through dividend increases showcase Silvercrest's proactive approach to navigating market dynamics.

Silvercrest Asset Management Group reports robust Q3 growth and outlook

Silvercrest Asset Management Group (SAMG) delivered strong financial performance in Q3 2024, with notable growth in AUM and revenue.
The company's focus on profitability, institutional offerings, and future inflows positions it well for sustained expansion.
Challenges in buyback activity and achieving targeted margins require strategic adjustments amidst market uncertainties.

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Silvercrest Asset Management Group Inc. (SMAG) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Richard Hough - Chairman, President, Chief Executive Officer Scott Gerard - Chief Financial Officer Conference Call Participants Sandy Mehta - Evaluate Research Chris Sakai - Singular Research Operator Good morning and welcome to the Silvercrest Asset Management Group Inc. Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Silvercrest Asset Management Group Inc. (SAMG) Q3 2024 Earnings Call Transcript

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter ended September 30, 2024.

Silvercrest Asset Management Group Inc. Reports Q3 2024 Results

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on November 1, 2024, to discuss the company's financial results for the third quarter ended September 30, 2024. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/.

Silvercrest Asset Management (SAMG) to Announce Third Quarter 2024 Results and Host Investor Conference Call

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12 Upcoming Dividend Increases

ATLANTA, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) is pleased to announce that Chip Kelleher has joined the firm as a Managing Director. Kelleher will spearhead the further expansion of Silvercrest's presence in the southern market by opening a new Atlanta, Georgia, office.

Chip Kelleher Joins Silvercrest Asset Management Group as Managing Director and Opens New Atlanta Office

Silvercrest's (SAMG) board of directors approves a share repurchase program, authorizing the company to repurchase up to $12 million worth of shares.

Silvercrest (SAMG) Announces $12M Share Repurchase Plan

NEW YORK, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today announced that the Company's Board of Directors authorized a common stock repurchase program. Under the program, the Company may purchase up to $12.0 million of its Class A common stock over the next 12 months, as market conditions warrant. The shares may be repurchased in the open market, at prices that the Company deems appropriate and subject to market conditions, applicable law and other factors deemed relevant in the Company's sole discretion. The stock repurchase program does not obligate the Company to repurchase any dollar amount or number of shares of Class A common stock, and the program may be suspended or discontinued at any time.

Silvercrest Asset Management Group Inc. Announces $12 Million Common Stock Repurchase Program

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG ) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Richard Hough - Chief Executive Officer, President & Chairman Scott Gerard - Chief Financial Officer Conference Call Participants Sandy Mehta - Evaluate Research Christopher Marinac - Janney Montgomery Scott Operator Good morning and welcome to the Silvercrest Asset Management Group Inc. Q2 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Silvercrest Asset Management Group Inc. (SAMG) Q2 2024 Earnings Call Transcript

Silvercrest (SAMG) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.34 per share a year ago.

Silvercrest (SAMG) Q2 Earnings Miss Estimates

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter ended June 30, 2024.

Silvercrest Asset Management Group Inc. Reports Q2 2024 Results

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on August 2, 2024, to discuss the company's financial results for the second quarter ended June 30, 2024. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/.

Silvercrest Asset Management (SAMG) to Announce Second Quarter 2024 Results and Host Investor Conference Call

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG ) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Richard Hough - Chief Executive Officer, President & Chairman Scott Gerard - Chief Financial Officer Conference Call Participants Sandy Mehta - Evaluate Research Christopher Marinac - Janney Montgomery Scott Chris Sakai - Singular Research Operator Good morning, and welcome to the Silvercrest Asset Management Group Incorporated First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Silvercrest Asset Management Group Inc. (SAMG) Q1 2024 Earnings Call Transcript

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter ended March 31, 2024.

Silvercrest Asset Management Group Inc. Reports Q1 2024 Results

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) is pleased to announce the hiring of Rehan Chaudhri, James A. Dunn, Jr., Ken Dennig, and Robert Gondolfo to enhance the firm's investment capabilities and global outreach.

Silvercrest Expands International and Global Equity Capability With Rehan Chaudhri, James A. Dunn, Jr., Ken Dennig, and Robert Gondolfo

NEW YORK, April 26, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on May 3, 2024, to discuss the company's financial results for the first quarter ended March 31, 2024. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/ .

Silvercrest Asset Management (SAMG) to Announce First Quarter 2024 Results and Host Investor Conference Call

Silvercrest Asset Management Group Inc. has maintained a fortress balance sheet with zero leverage. When it comes to its assets under management, Silvercrest CAGR since inception is 27%. The rich dividend is secure, barring unforeseen events.

Silvercrest: Dividend, Fortress Balance Sheet, Low Valuation, Positive Outlook

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) Q4 2023 Results Conference Call March 8, 2024 8:30 AM ET

Silvercrest Asset Management Group Inc. (SAMG) Q4 2023 Earnings Call Transcript

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter and year ended December 31, 2023.

Silvercrest Asset Management Group Inc. Reports Q4 and Year-End 2023 Results

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on March 8, 2024, to discuss the company's financial results for the fourth quarter and year ended December 31, 2023. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/ .

Silvercrest Asset Management (SAMG) to Announce Fourth Quarter and Year-End 2023 Results and Host Investor Conference Call

NEW YORK, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG), (the “Company”) today announced that its board of directors declared a quarterly dividend of $0.19 per share of Class A common stock on February 13, 2024. The dividend will be paid on or about March 15, 2024 to shareholders of record as of the close of business on March 8, 2024.

Silvercrest Asset Management Group Inc. Announces Quarterly Dividend

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG ) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Richard Hough - Chairman and Chief Executive Officer Scott Gerard - Chief Financial Officer Conference Call Participants Sandy Mehta - Evaluate Research Christopher Marinac - Janney Montgomery Scott Christopher Sakai - Singular Research Operator Good morning and welcome to the Silvercrest Asset Management Group Inc. Q3 2023 Earnings Conference Call. All participants will be in listen-only mode.

Silvercrest Asset Management Group Inc. (SAMG) Q3 2023 Earnings Call Transcript

NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter ended September 30, 2023.

Silvercrest Asset Management Group Inc. Reports Q3 2023 Results

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on November 3, 2023, to discuss the company's financial results for the third quarter ended September 30, 2023. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/ .

Silvercrest Asset Management (SAMG) to Announce Third Quarter 2023 Results and Host Investor Conference Call

Silvercrest has demonstrated positive growth in their financial fundamentals, and the market consensus is forecasting Net Income and EPS to increase further. The stock price is undervalued relative to peers, and is well supported by key institutional shareholders such as BlackRock. Sell-side analysts have issued a "BUY" rating on the stock, with a consensus 12-month target price implying a 26.5% return potential.

Silvercrest: Undervalued Following Good Q2 Results And Bullish Analyst Forecasts

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG ) Q2 2023 Earnings Conference Call July 31, 2023 8:30 AM ET Company Participants Rick Hough - Chairman and Chief Executive Officer Scott Gerard - Chief Financial Officer Conference Call Participants Sumeet Mody - Piper Sandler Sandy Mehta - Evaluate Research Christopher Marinac - Janney Montgomery Scott Chris Sakai - Singular Research Operator Good morning, and welcome to the Silvercrest Asset Management Group Inc. Q2 2023 Earnings Conference Call. All participants will in listen-only mode.

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