NEW YORK, July 31, 2025 (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, 2025. Business Update Discretionary assets under management ("AUM") increased $1.0 billion during the second quarter, primarily due to strong markets. While net flows were negative, Silvercrest added $80.0 million in organic new client accounts and has added $0.5 billion in new client accounts during th ...

Core Viewpoint - Silvercrest Asset Management Group Inc. will host a teleconference to discuss its financial results for Q2 2025 on August 1, 2025, with a news release to be issued prior to the market opening [1]. Group 1: Financial Results Announcement - The teleconference will take place at 8:30 am Eastern Time and will feature a review of quarterly results by Chairman and CEO Richard R. Hough III and CFO Scott A. Gerard [2]. - A question and answer session will follow the prepared remarks, allowing analysts and institutional investors to engage directly [2]. Group 2: Access to the Teleconference - Analysts, institutional investors, and the general public can listen to the call by dialing specific numbers for domestic and international callers [3]. - A live webcast will also be available on the investor relations section of the Silvercrest website, with an archived replay accessible after the live call [3]. Group 3: Company Overview - Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser, providing investment advisory and family office services [4]. - As of March 31, 2025, the firm reported assets under management totaling $35.3 billion [4].

Group 1 - The Company, Silvercrest Asset Management Group Inc., announced a common stock repurchase program authorized by its Board of Directors, allowing for the purchase of up to $25.0 million of its Class A common stock [1] - The repurchase may occur through various methods including open market purchases and privately-negotiated transactions, subject to market conditions and applicable laws [1] - The program does not obligate the Company to repurchase any specific dollar amount or number of shares and can be suspended or discontinued at any time [1] Group 2 - As of March 31, 2025, Silvercrest reported assets under management totaling $35.3 billion [3] - Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser, providing investment advisory and family office services to wealthy families and select institutional investors [3]

Company Overview - Silvercrest Asset Management Group has appointed Van Martin as Head of U.S. Consultant Relations, aiming to enhance partnerships with institutional investors and expand its institutional business in the U.S. [1] - As of March 31, 2025, Silvercrest reported assets under management totaling $34.3 billion [5]. Leadership and Experience - Van Martin has been with Silvercrest since 2014 and has played a key role in expanding the firm's intermediary and institutional client base [2]. - Martin has over a decade of experience and a strong understanding of Silvercrest's U.S.-based investment capabilities [2]. - Allen Gray, Global Head of Silvercrest's Institutional Business, expressed pride in Martin's contributions and his collaboration with U.S.-focused equity investment teams over the past 11 years [3]. Strategic Goals - Martin aims to strengthen relationships with clients and partners while building on Silvercrest's legacy of delivering exceptional client experiences through high-quality expertise [4]. - The team will leverage their combined experience and market knowledge to optimize consultant and client activities for the best outcomes for institutional clients [3].

Core Insights - Silvercrest Asset Management Group Inc. reported strong new client organic flows of $0.4 billion in Q1 2025, following $1.4 billion in Q4 2024, indicating a positive trend in client acquisition and potential revenue growth [2][3] - Total Assets Under Management (AUM) decreased to $35.3 billion, down 3.3% from $36.5 billion at the end of 2024, primarily due to market depreciation [3][16] - The company declared a quarterly dividend of $0.20 per share, reflecting its commitment to returning capital to shareholders [7] Financial Performance - Revenue for Q1 2025 increased by $1.1 million, or 3.7%, to $31.4 million compared to $30.3 million in Q1 2024, driven by market appreciation [17] - Consolidated net income was $3.9 million for Q1 2025, down from $4.9 million in the same period last year, with net income attributable to Silvercrest at $2.5 million [19][20] - Adjusted EBITDA for Q1 2025 was $6.5 million, representing a margin of 20.7%, compared to $7.5 million and a margin of 24.6% in Q1 2024 [20][31] Assets Under Management - Total AUM as of March 31, 2025, was $35.3 billion, a 2.3% increase from $34.5 billion a year earlier, attributed to market appreciation of $0.8 billion [15][44] - Discretionary AUM remained flat at $22.7 billion year-over-year, while non-discretionary AUM increased by 6.8% to $12.6 billion [16][49] - The company experienced net client inflows of $0.2 billion, a significant improvement from a net outflow of $0.3 billion in the previous year [44] Strategic Initiatives - Silvercrest is focused on enhancing its presence in both institutional and wealth markets, investing in talent to drive growth and transition the business [4] - The company completed a $12.0 million stock repurchase program, indicating a strategy to return capital to shareholders while pursuing growth opportunities [6] - The firm plans to adjust its interim compensation ratio to align with business investments, reflecting a commitment to growth and return on invested capital [5]

Core Points - Silvercrest Asset Management Group Inc. will host a teleconference on May 9, 2025, to discuss its financial results for Q1 2025 [1] - The teleconference will feature remarks from Chairman and CEO Richard R. Hough III and CFO Scott A. Gerard, followed by a Q&A session [2] - The company reported assets under management of $36.5 billion as of December 31, 2024 [4] Company Overview - Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser [4] - The firm provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors [4] - Silvercrest has offices in New York, Boston, Virginia, New Jersey, California, and Wisconsin [4]