Welcome to our dedicated page for Silvercrest Asse news (Ticker: SAMG), a resource for investors and traders seeking the latest updates and insights on Silvercrest Asse stock.
Silvercrest Asset Management Group Inc (NASDAQ: SAMG) provides institutional-grade wealth management and family office services to ultra-high-net-worth clients. This news hub delivers official updates directly from the employee-owned firm, offering investors and analysts a centralized source for strategic developments.
Discover SAMG's latest earnings reports, leadership announcements, and portfolio strategy insights. Our curated collection features press releases covering acquisitions, risk management innovations, and service expansions – all essential for understanding this independent advisor's market position.
Key updates include quarterly performance disclosures, regulatory filings, and executive commentary on market trends. Bookmark this page to monitor SAMG's disciplined approach to asset allocation and its evolving solutions for complex wealth management needs.
Silvercrest Asset Management Group (NASDAQ: SAMG) has announced a new $25 million stock repurchase program for its Class A common stock. The Board of Directors-authorized program allows the company to repurchase shares through various methods, including open market purchases, privately-negotiated transactions, block purchases, and 10b5-1 share trading plans. The repurchase program is flexible, with no obligation to repurchase any specific amount of shares, and can be suspended or discontinued at any time based on market conditions and other factors.
The timing and actual number of shares repurchased will depend on various factors including market conditions, applicable laws, and other relevant considerations as determined by the company. [ "Authorization of $25 million stock repurchase program shows confidence in company's financial position", "Flexible repurchase structure allows company to optimize timing and pricing of buybacks", "Program can potentially enhance shareholder value through reduced share count" ]Silvercrest Asset Management Group (NASDAQ: SAMG) has appointed Van Martin as Head of U.S. Consultant Relations. Martin, who joined the firm in 2014, will oversee initiatives to strengthen partnerships with institutional investors and expand the firm's institutional business in the U.S. As a Partner and Managing Director, he brings over a decade of experience and will report to Allen Gray, Global Head of Silvercrest's Institutional Business.
Prior to Silvercrest, Martin worked in Equity Capital Markets at Sterne Agee & Leach. Silvercrest, founded in 2002, is an independent, employee-owned registered investment adviser with $34.3 billion in assets under management as of March 31, 2025, operating from offices across the U.S. and Singapore.
Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) has scheduled a teleconference for May 9, 2025, at 8:30 am Eastern Time to discuss their first quarter 2025 financial results. The company will release its financial results for the quarter ended March 31, 2025, before U.S. equity markets open.
Chairman, CEO and President Richard R. Hough III and CFO Scott A. Gerard will lead the discussion, followed by a Q&A session for analysts and institutional investors. The call will be accessible via phone (1-844-836-8743 for domestic, 1-412-317-5723 for international) and through a live webcast on the company's investor relations website.
Silvercrest Asset Management Group (NASDAQ:SAMG) has appointed J. Allen Gray to its Board of Directors, effective immediately. Gray, currently serving as Managing Director and Head of Institutional business, has been instrumental in growing the company's institutional asset management business to approximately 30% of discretionary assets under management during his nearly 17-year tenure.
Gray has been a Silvercrest Partner and member of the company's Executive Committee since 2019. His prior experience includes roles as Managing Partner at Osprey Partners Investment Management, Managing Director at Radnor Capital Management, and positions at Kidder, Peabody & Co. and Wheat, First Securities.
Silvercrest Asset Management Group (NASDAQ: SAMG) reported strong Q4 and full-year 2024 results, with total AUM reaching $36.5 billion, up 9.6% from 2023. The company secured $1.4 billion in Q4 new client inflows, primarily from a $1.3 billion USD investment in their new Global Value Equity strategy from CBUS.
Key financial highlights include:
- Revenue increased 5.3% to $123.7 million for 2024
- Q4 revenue up 12.0% to $32.0 million
- Discretionary AUM rose 6.4% to $23.3 billion
- Net income of $15.7 million for 2024
The company expanded its global presence with new business development leads in Atlanta and Singapore, obtained MAS license, and plans further European market initiatives. Silvercrest maintains a robust pipeline and expects significant new organic flows, particularly through their new Global Value Equity strategy.
Silvercrest Asset Management Group (NASDAQ: SAMG) has scheduled a teleconference for March 7, 2025, at 8:30 am Eastern Time to discuss their Q4 and full-year 2024 financial results. The company will release its financial report before U.S. markets open on the same day.
The conference call will feature presentations from Chairman, CEO and President Richard R. Hough III and CFO Scott A. Gerard, followed by a Q&A session for analysts and institutional investors. Interested parties can access the call through:
- Domestic dial-in: 1-844-836-8743
- International dial-in: 1-412-317-5723
- Live webcast: Available via the investor relations section of www.silvercrestgroup.com
An archived replay of the call will be accessible through the company's Investor Relations page at http://ir.silvercrestgroup.com/.
Silvercrest Asset Management Group (NASDAQ:SAMG) has promoted J. Allen Gray to Head of Institutional Business. Gray, who joined Silvercrest in 2008, will oversee the firm's institutional business, consultant and client relations. As a Silvercrest Partner, Managing Director, and Executive Committee member, Gray has been instrumental in the company's institutional equity business success.
Prior to Silvercrest, Gray held key positions at Osprey Partners Investment Management as Managing Partner and at Radnor Capital Management as Managing Director. The firm, founded in 2002, reported $35.1 billion in assets under management as of September 30, 2024, and maintains offices across seven U.S. locations including New York, Boston, Virginia, Atlanta, New Jersey, California, and Wisconsin.
Silvercrest Asset Management Group (NASDAQ: SAMG) has announced a quarterly dividend declaration of $0.20 per share of Class A common stock. The dividend was declared by the board of directors on January 29, 2025. Shareholders who are on record as of the market close on March 14, 2025, will receive the dividend payment around March 21, 2025.
Silvercrest Asset Management Group (NASDAQ:SAMG) has announced the promotion of five professionals to Partner positions. The new partners are: Kate Burns, a Director and Portfolio Manager with over 25 years of investment experience; Lorena Cardenas, a Director and Compliance Officer with 14+ years of compliance experience; Ted Moore, CFA, a Director and Portfolio Manager specializing in various investment strategies; Judy Morrill, a Managing Director and Portfolio Manager with over 35 years of investment experience; and Carolin Newland, CFA, a Director and Portfolio Manager focused on ultra-high-net-worth clients.
Each partner brings significant expertise and leadership experience to their roles, having worked at prestigious financial institutions before joining Silvercrest. The promotions reflect their exceptional contributions to the firm and dedication to client success.