SILVERCREST ASSET MANAGEMENT GROUP LLC

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Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm

Number of Employees:

152 -1.30%

of those in investment advisory functions:

58

Registration:

SEC, Approved, 3/19/2002

AUM:

33,280,642,411 15.14%

of that, discretionary:

21,885,130,202 4.96%

GAV:

353,192,032 -44.91%

Avg Account Size:

25,818,962 15.14%

% High Net Worth:

88.21% 0.21%

SMA’s:

YES

Private Funds:

15

Contact Info

212 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
25B 21B 18B 14B 11B 7B 4B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Silvercrest Asset shares target cut to $20, maintains buy rating
03/18/2024

investing.com

Q4 2023 Silvercrest Asset Management Group Inc Earnings Call Transcript
03/09/2024

Related Stocks: NAS:SAMG,

gurufocus.com

Silvercrest Asset Management Non-GAAP EPS of $0.07 misses by $0.29, revenue of $28.5M misses by $0.38M
03/08/2024

Seeking Alpha

Silvercrest Asset Management Group Inc. (SAMG) Reports Mixed 2023 Financial Results Amid Market ...
03/08/2024

Discretionary AUM Grows Despite Revenue Dip; Adjusted Earnings Fall Year-Over-YearRelated Stocks: SAMG,

gurufocus.com

Silvercrest Asset Management reports Q4 results
03/07/2024

Seeking Alpha

Silvercrest Asset Management declares $0.19 dividend
02/13/2024

Seeking Alpha


Private Funds Structure

Fund Type Count GAV
Hedge Fund 11 $180,009,532
Other Private Fund 4 $173,182,500

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Private Funds



Employees




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460690100 INTERPUBLIC GROUP COS INC COM $80,629,988 1.00% 7.00% -6.00%

Brochure Summary

Overview

The Firm Silvercrest Asset Management Group LLC (“Silvercrest”) provides asset management and family office services to families and select institutional investors. As of December 31, 2022, Silvercrest advised on $28.9 billion for a clientele comprised primarily of families, as well as endowments, foundations and other institutional investors. Silvercrest's family office, advisory and investment capabilities are available to clients interested in investing substantial assets. Of the $28.9 billion, Silvercrest has been granted discretionary authority over $20.9 billion. In accordance with its fiduciary duty as to some of those $20.9 billion of assets, Silvercrest may recommend to clients that they invest in one or more private funds managed on a discretionary basis by one or more third parties. As to the remaining $8.0 billion of assets, Silvercrest provides non-discretionary advice, reporting services or has another role in managing them. To the extent Clients' assets are held in separately managed accounts, they are generally managed on a fully discretionary basis where Silvercrest makes all decisions as to which securities are bought or sold and/or the total amount bought or sold. Silvercrest tailors its advisory services to the individual needs of its clients. Silvercrest's portfolio managers apply specific objectives and guidelines for each client portfolio which they are responsible for managing. Clients may impose restrictions on investing in certain types of securities. If a client wishes to limit the portfolio manager's discretion in any way, the limitation will be contained in the client's
investment objectives and guidelines. Silvercrest’s investment capabilities include equity management, fixed-income management, outsourced investments and alternative investments. Silvercrest acts as advisor to certain of the alternative investment products, which includes a private fund and funds of funds. Silvercrest also serves as sub-advisor to one or more funds registered under the Investment Company Act of 1940. Silvercrest also provides institutional investors with independent, investment-driven risk analytics, due diligence and custom portfolio advisory support. Risk advisory services are based on both quantitative and qualitative analyses, including Value at Risk (“VaR”), stress testing, Monte Carlo simulation and most common risk metrics. Due diligence services comprise best practices for review of operational and investment diligence. Finally, Silvercrest provides outsourced chief investment officer services to institutions. Silvercrest charges a fee to institutions that become clients of this business unit for: (i) managing their overall investment strategy and making recommendations to those clients with respect to their allocations to third party asset managers; and (ii) providing portfolio reporting and ongoing due diligence services. Silvercrest was established in 2001. It is a wholly-owned subsidiary of Silvercrest L.P. The general partner of Silvercrest L.P. is Silvercrest Asset Management Group Inc., which is a publicly-traded C corporation (NASDAQ symbol SAMG). Class A Common Shares of SAMG are owned by the investing public, Class B Common Shares are owned by employees of Silvercrest.