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 (SAMG) reported a decrease in discretionary assets under management (AUM) to $19.4 billion as of September 30, 2022, down from $22.5 billion a year earlier. Revenue fell to $29 million from $33.5 million. Despite a healthy Adjusted EBITDA margin of 28.1%, both revenue and total AUM decreased year-over-year. The firm declared a quarterly dividend of $0.18 per share to be paid in December 2022. Market volatility continues to create opportunities, and the firm has added new client relationships despite recent declines.
Silvercrest Asset Management Group (NASDAQ: SAMG) will host a teleconference on November 4, 2022, at 8:30 am ET to discuss its Q3 2022 financial results ending September 30, 2022. The results will be announced before the U.S. equity markets open and will be available on their Investor Relations page. CEO Richard R. Hough III and CFO Scott A. Gerard will review the results, followed by a Q&A session for analysts and institutional investors. Callers can participate by dialing 1-844-836-8743 (domestic) or 1-412-317-5723 (international).
Silvercrest Asset Management Group reported its second quarter 2022 results, revealing substantial impacts from market volatility and net outflows due to client tax payments. Discretionary assets under management (AUM) fell to $20.4 billion, down from $22.9 billion a year ago, contributing to a revenue decrease to $32.2 million. Despite the downturn, the company reported an Adjusted EBITDA of $9.2 million, maintaining a healthy margin of 28.5%. Silvercrest declared a quarterly dividend of $0.18 per share, with AUM standing at $28.7 billion.
Silvercrest Asset Management Group (NASDAQ: SAMG) will host a teleconference on July 29, 2022, at 8:30 am ET, to discuss its financial results for Q2 2022, ending June 30, 2022. The results will be released prior to the market opening. CEO Richard R. Hough III and CFO Scott A. Gerard will present the results followed by a Q&A session. Interested parties can join by calling 1-844-836-8743 (or 1-412-317-5723 for international participants). An archived replay will be available later on Silvercrest's Investor Relations page.
On May 5, 2022, Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) released its Q1 2022 financial results, marking its 20th anniversary. Discretionary AUM reached $23.8 billion, an 8.7% year-over-year increase, despite a 5.2% decline from the previous quarter due to market volatility. Revenue rose 7.3% to $33.5 million, with Adjusted EBITDA at approximately $10.3 million and a margin of 30.6%. Net income was $12.4 million. The Board declared a quarterly dividend of $0.17 per share, payable June 17, 2022. A conference call is scheduled for May 6, 2022.
Silvercrest Asset Management Group (NASDAQ: SAMG) will host a teleconference on May 6, 2022, at 8:30 AM ET to discuss its Q1 financial results for the period ending March 31, 2022. The company will release its financial results before U.S. market open, available on Silvercrest's website. CEO Richard R. Hough III and CFO Scott A. Gerard will present the results and participate in a Q&A session. Silvercrest, an independent investment adviser, reported $32.3 billion in assets under management as of December 31, 2021.
Silvercrest Asset Management Group reported strong financial results for the quarter and year ended December 31, 2021. Discretionary assets under management (AUM) rose by $2.6 billion (11.6%) in Q4, totaling $25.1 billion. Full-year AUM grew by $4.5 billion (21.8%). Q4 revenue reached $33.8 million, with net income of $8.6 million. For the entire year, revenue was $131.6 million, and net income increased to $24.9 million. Adjusted EBITDA margins improved to 33.0%. The firm also repurchased shares, enhancing shareholder value.
Silvercrest Asset Management Group (NASDAQ: SAMG) has announced a teleconference scheduled for March 3, 2022, at 8:30 am Eastern Time to review its fourth-quarter and 2021 annual financial results. The results will be disclosed before the U.S. markets open, and the call will feature remarks from CEO Richard R. Hough III and CFO Scott A. Gerard, followed by a Q&A session. The call can be accessed by dialing 1-844-836-8743 (or 1-412-317-5723 for international callers). Archived access will be available post-call on their Investor Relations page.
Silvercrest Asset Management Group (NASDAQ: SAMG) will hold a teleconference on March 4, 2022, at 8:30 am ET to discuss its financial results for Q4 and the year ending December 31, 2021. A news release with the results will be available before the U.S. market opens. The call will feature Chairman and CEO Richard R. Hough III and CFO Scott A. Gerard, followed by a Q&A session for analysts and investors. The firm managed $31.0 billion in assets as of September 30, 2021, and offers investment advisory services to wealthy families and select institutions.
Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced a quarterly dividend of $0.17 per share of Class A common stock, declared on February 8, 2022. The dividend will be distributed on or about March 18, 2022 to shareholders recorded as of the close of business on March 11, 2022. As of September 30, 2021, Silvercrest managed $31.0 billion in assets, delivering investment advisory services to wealthy families and select institutions.