Silvercrest Asset Management Group Inc.

Silvercrest Asset Management Group announced that its Global Value Opportunity Fund received a 'Recommended' rating from Lonsec, a leading Australian investment research firm. This rating, awarded after Lonsec's inaugural review, recognizes the fund's seasoned investment team, led by Portfolio Manager Rehan Chaudhri, and its disciplined, research-intensive strategy. Silvercrest views this as a significant step in its commitment to the Australian market, which it considers important and growing. The firm manages $35.7 billion in assets as of March 31, 2026.

Silvercrest Asset Management Group Inc. reported a significant decline in net income and earnings per share for the first quarter of 2026. Net income attributable to Silvercrest fell to $237 thousand from $2.469 million in the prior year, while basic EPS decreased to $0.03 from $0.26. Total revenue remained largely flat at $31.406 million. The company also experienced a substantial decrease in cash and cash equivalents and an increase in borrowings under its credit facility.

Silvercrest Asset Management Group Inc. reported Q1 2026 results with consolidated net income of $0.5 million and basic/diluted EPS of $0.03, significantly lower than the prior year. Revenue remained flat at $31.4 million, while total AUM saw a modest 1.1% year-over-year increase to $35.7 billion. The company highlighted ongoing significant investments in growth initiatives, including international expansion and talent, which contributed to elevated expenses and a lower compensation ratio.

Silvercrest Asset Management Group reported Q1 2026 financial results, with revenue remaining flat at $31.4 million year-over-year. GAAP consolidated net income significantly decreased to $0.5 million from $3.9 million in the prior year, and Adjusted EBITDA fell to $3.7 million. Discretionary assets under management (AUM) decreased 3.7% quarter-over-quarter to $23.1 billion, primarily due to institutional outflows, though year-over-year discretionary AUM grew nearly 2%. The company highlighted ongoing strategic investments in global expansion, including new offices in London, Australia, Dublin, Atlanta, and Singapore, which are impacting current earnings but are expected to drive future growth.

Silvercrest Asset Management Group Inc. announced it will host a teleconference on May 12, 2026, to discuss its financial results for the first quarter ended March 31, 2026. The call is scheduled for 8:30 am Eastern Time. This announcement was made via a press release issued on May 5, 2026.

Silvercrest Asset Management Group Inc. announced it will host a teleconference on May 12, 2026, at 8:30 am Eastern Time to discuss its financial results for the first quarter ended March 31, 2026. A news release containing the results will be issued before the open of the U.S. equity markets on the same day. Chairman, CEO, and President Richard R. Hough III and CFO Scott A. Gerard will review the quarterly results, followed by a Q&A session for analysts and institutional investors.

Silvercrest Asset Management Group Inc. (SAMG) announced its 2026 Annual Meeting of Stockholders to be held on June 3, 2026, at its New York headquarters. Stockholders will vote on the election of Brian D. Dunn to the Board, an advisory non-binding vote on executive compensation, and the ratification of Deloitte & Touche LLP as the independent auditor for fiscal year 2026. The record date for voting is April 23, 2026. The proxy statement also details corporate governance practices, board composition, and related person transactions.

Silvercrest Asset Management Group Inc. announced the opening of its first Atlanta office, a strategic move to expand into high-growth wealth markets. The firm also appointed Brittain Prigge as Managing Director, leveraging her over 35 years of wealth management expertise and deep understanding of the Atlanta community. This expansion is a key step in Silvercrest's broader Southeast and national market strategy, reinforcing its commitment to serving ultra-high-net-worth individuals and families.