Silvercrest Asset Management Group (SAMG) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Company Participants Richard R. Hough III - Chairman, CEO & PresidentScott A. Gerard - Chief Financial OfficerSandy Mehta - CEO & FounderChristopher Marinac - Director of Research Conference Call Participants Christopher Sakai - Analyst Operator Good morning, and welcome to the Silvercrest Asset Management Group, Inc. Q1 twenty twenty five Earnings Conference Call. All participants will be in listen only mode. After tod ...

Silvercrest Asset Management Group (SAMG) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Company Participants Richard R. Hough III - Chairman, CEO & PresidentScott A. Gerard - Chief Financial OfficerSandy Mehta - CEO & FounderChristopher Marinac - Director of Research Conference Call Participants Christopher Sakai - Analyst Operator Good morning, and welcome to the Silvercrest Asset Management Group, Inc. Q1 twenty twenty five Earnings Conference Call. All participants will be in listen only mode. After tod ...

Silvercrest Asset Management Group (SAMG) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good morning, and welcome to the Silvercrest Asset Management Group, Inc. Q1 twenty twenty five Earnings Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. Before we begin, let me remind you that during today's call, certain statements made regarding our future performance are forward ...

AMG: Strategic Partner to Industry-Leading Independent Investment Firms 30+ years of partnering with leading investment specialists 35+ independent Affiliates offering diverse suite of investment products Q1 2025 Investor Overview 3 ~$712B Assets Under Management Industry-Leading Independent Managers Attractive partnership model self-selects entrepreneurial, growing firms and enables access to specialist capabilities at scale High-Quality, Diverse Product Set Excellent breadth and quality of products manage ...

Financial Data and Key Metrics Changes - The company ended Q1 2025 with record assets under management (AUM) of $840 billion, driven by record money market assets of $637 billion [6][20] - Total revenue for Q1 decreased slightly from the prior quarter, with higher revenue from money market assets offset by lower revenue from equity assets [25] - Q1 operating expenses decreased by $22.5 million from the prior quarter, mainly due to lower FX-related expenses [26] Business Line Data and Key Metrics Changes - Equity assets increased by $1.5 billion from year-end, primarily due to net sales of $1.4 billion [6] - Fixed income assets increased by about $1.4 billion in Q1, mainly due to higher market valuations, partially offset by net redemptions [11] - Alternative private markets saw an increase of $562 million in Q1, driven by FX rates and net sales of about $61 million [12] Market Data and Key Metrics Changes - The company’s money market mutual fund market share was approximately 7.10% at the end of Q1, down slightly from 7.22% at the end of 2024 [23] - Managed assets were approximately $828 billion, including $629 billion in money markets, $78.5 billion in equities, and $98 billion in fixed income [24] Company Strategy and Development Direction - The company is focused on developing its private markets business for growth, including the acquisition of a majority interest in a U.K. renewable energy company [17] - The company plans to continue adding active ETFs, with a goal of launching a handful each year [91] Management's Comments on Operating Environment and Future Outlook - Management noted that the first quarter is typically the worst quarter of the year for the industry, but this year saw positive flows [37] - There are expectations for higher interest rates for a longer period, which is anticipated to continue driving positive flows into money market products [52] Other Important Information - The company declared a $0.34 per share dividend, an increase of nearly 10% from the prior quarter [29] - The company purchased over 3 million shares for about $120 million during Q1 [30] Q&A Session Summary Question: Comments on money market market-share - Management clarified that the company had $3 billion of increased money market fund AUM, indicating positive inflows despite competitive pressures [32][36] Question: Update on fixed-income outflows - Management attributed elevated fixed-income outflows primarily to the Total Return Bond Fund and High Yield, with performance improving [42][44] Question: Flows since tax date - Management reported an increase of about $5 billion in assets since the tax date, indicating positive flows from both retail and institutional sides [55] Question: Capacity issues with MDT - Management confirmed there are no capacity issues with MDT despite significant organic growth [96]

Victory Capital (VCTR) Q4 2024 Earnings Call February 07, 2025 08:00 AM ET Company Participants Matthew Dennis - Chief of Staff & Director of Investor RelationsDavid Brown - Chairman of the Board of Directors & CEOMichael Policarpo - President, CFO & Chief Administrative OfficerKenneth Lee - Vice PresidentBenjamin Rubin - Director, Equity Research Conference Call Participants Anthony Corbin - Equity Research AnalystMichael Cho - AnalystÉtienne Ricard - Equity Research AnalystNone - Analyst Operator Good mor ...