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Silvercrest Asset Management Group Inc - SAMG STOCK NEWS

Welcome to our dedicated news page for Silvercrest Asset Management Group (Ticker: SAMG), a resource for investors and traders seeking the latest updates and insights on Silvercrest Asset Management Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Silvercrest Asset Management Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Silvercrest Asset Management Group's position in the market.

Rhea-AI Summary
Silvercrest Asset Management Group Inc. reported its operations for Q4 and full year 2023, showing growth in AUM but a decrease in revenue. Despite market appreciation and net client inflows, revenue declined by 4.7% for the year. Adjusted EBITDA and earnings per share also decreased, indicating a challenging year for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.04%
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Rhea-AI Summary
Silvercrest Asset Management Group Inc. (SAMG) will host a teleconference on March 8, 2024, to discuss its financial results for Q4 and year-end 2023. Chairman, CEO, and CFO will review the results, followed by a Q&A session. Analysts and investors can participate via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
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Rhea-AI Summary
Silvercrest Asset Management Group Inc. (SAMG) declares a quarterly dividend of $0.19 per share of Class A common stock on February 13, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.92%
Tags
dividends
Rhea-AI Summary
Silvercrest Asset Management Group Inc. reported its Q3 2023 results, with Total AUM of $31.2 billion and Discretionary AUM of $20.5 billion. Discretionary AUM decreased by $1.0 billion from the previous quarter. Revenue increased by 2.3% YoY for Q3 2023. However, most business metrics remain down YoY and YTD. Adjusted EBITDA Margin for the three and nine months ended September 30, 2023, was 26.9% and 27.3%, respectively. The company's pipeline of new business opportunities has weakened since Q2 due to a changing and uncertain business environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
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Rhea-AI Summary
Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) will host a teleconference on November 3, 2023, to discuss Q3 financial results. Chairman, CEO, and President Richard R. Hough III and CFO Scott A. Gerard will review the results.
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Rhea-AI Summary
Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) reported Q2 2023 operations, showing Total AUM of $31.9 billion, Discretionary AUM of $21.5 billion, and a 11.2% increase in Total AUM over Q2 2022. However, revenue fell 9.9% compared to 2022, affecting Adjusted EBITDA and Adjusted Diluted Earnings per Share. The company's Adjusted EBITDA Margin of 27.5% for H1 2023 represents a 5.8% increase over year-end 2022. Silvercrest's pipeline of new business opportunities remains robust, and a quarterly dividend of $0.19 per share of Class A common stock was declared on July 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
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Rhea-AI Sentiment
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1.38%
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Rhea-AI Summary
Rhea-AI Impact
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-1.17%
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Rhea-AI Sentiment
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-2.08%
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Silvercrest Asset Management Group Inc

Nasdaq:SAMG

SAMG Rankings

SAMG Stock Data

140.29M
8.70M
12.43%
71.94%
0.39%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States
New York

About SAMG

silvercrest asset management group is an independent, employee-owned, registered investment advisor which provides asset management and family office services to families and select institutional investors. silvercrest combines the client-focused service which was the hallmark of private banks and investment counsel firms in an earlier age with state of the art theories of portfolio construction, risk management and diversification. silvercrest's professionals have dedicated their careers to wealth management and our managing directors, who average more than 25 years of wealth management experience, have advised their clients through the boom of bull markets and the gloom of bear markets. we are not swayed by market manias. we are only interested in seeing our clients'​ assets invested in a manner consistent with their tolerance for risk. silvercrest is free from the numerous conflicts of interest inherent to larger organizations. our size, our employee ownership and our collegial cult