Silvercrest Asset Management Group Q4 Earnings Call Highlights

To address this, the company said it plans to adjust how it reports non-discretionary AUM in a future quarter. Management stated the change will “substantially lower” reported non-discretionary AUM on a one-time basis, without affecting revenue, and is intended to give investors a clearer view of the AUM and economics that drive the business.Hough said non-discretionary AUM contributes about 4% of total revenue and primarily consists of fixed-fee reporting and family office services. He added that non-discr ...