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) is an independent, employee-owned registered investment adviser focused on wealth management and institutional asset management. This news page aggregates press releases and market updates that Silvercrest furnishes through its public communications and SEC filings, giving investors and clients a single view of the company’s recent developments.
News about Silvercrest often centers on its financial results and assets under management (AUM). The company regularly issues quarterly earnings releases that discuss total AUM, discretionary and non-discretionary AUM, revenue, expenses, net income and non-GAAP measures such as Adjusted EBITDA and Adjusted Net Income. These updates also describe the impact of market conditions and client flows on AUM and revenue.
Another key category of news involves Silvercrest’s strategic and organizational initiatives. Recent announcements have covered stock repurchase programs, quarterly dividend declarations on Class A common stock, and amendments to the company’s credit facilities with City National Bank. The firm also issues releases on leadership and investment team developments, such as portfolio manager appointments, succession plans within its U.S. Value Equity team, and new roles in U.S. and international consultant relations to support institutional asset management.
Silvercrest’s press releases additionally highlight its efforts to grow organically in both wealth and institutional markets, including investments in talent, marketing and new offices such as its Singapore location. For investors tracking SAMG, this news feed provides ongoing context on how the firm’s AUM, business mix and strategic priorities evolve over time. Users interested in Silvercrest’s performance and corporate actions can review these updates and related SEC 8-K filings linked to earnings and other events.
Silvercrest Asset Management Group (NASDAQ: SAMG) will host a teleconference on March 5, 2021, at 8:30 AM ET to discuss its fourth quarter and year-end financial results for 2020. A news release will be issued prior to the U.S. market opening. The call will feature Chairman and CEO Richard R. Hough III and CFO Scott A. Gerard, followed by a Q&A session. Interested parties can access the call by dialing 1-844-836-8743 or 1-412-317-5723 for international listeners. Archived replay will be available on the company’s Investor Relations page.
Silvercrest Asset Management Group (NASDAQ: SAMG) declared a quarterly dividend of $0.16 per share of Class A common stock on February 10, 2021. This dividend will be paid on or around March 19, 2021 to shareholders of record by the close of business on March 12, 2021. As of September 30, 2020, Silvercrest reported assets under management totaling $24.4 billion, reflecting the firm’s solid financial standing and commitment to returning value to its shareholders.
Silvercrest Asset Management Group reported a 3% increase in total assets under management (AUM), reaching $24.4 billion as of September 30, 2020. Discretionary AUM grew 4% to $17.9 billion, though offset by client outflows of $0.2 billion. Revenue for Q3 was $27.2 million, a decrease of 2.4% year-over-year, along with net income of $3.5 million. The company declared a quarterly dividend of $0.16, payable December 18, 2020. Year-to-date, adjusted diluted EPS rose 13% to $0.85.
Silvercrest Asset Management Group (NASDAQ: SAMG) will host a teleconference on November 6, 2020, at 8:30 am ET to discuss its third-quarter financial results for the period ended September 30, 2020. A news release detailing these results will be published before U.S. equity markets open that day. The call will feature Chairman and CEO Richard R. Hough III and CFO Scott A. Gerard, followed by a Q&A session. Interested parties can join by calling 1-844-836-8743, and a replay will be available on the company’s Investor Relations page.
Silvercrest Asset Management Group reported solid Q2 2020 results despite COVID-19 challenges. Total assets under management (AUM) rose 16% to $23.8 billion, with discretionary AUM growing 16% to $17.3 billion. Revenue slightly increased to $24 million, while adjusted net income reached $4 million, or $0.28 per share. Silvercrest experienced strong organic growth, reporting $200 million in net organic inflows. The company declared a quarterly dividend of $0.16 per share, set to be paid on September 18, 2020. Silvercrest's OCIO business is also on the rise, advising on half a billion in AUM.
Silvercrest Asset Management Group (NASDAQ: SAMG) will host a teleconference on August 4, 2020, at 8:30 am ET to discuss its second-quarter financial results for the period ending June 30, 2020. A news release will precede the call, available at Silvercrest Investor Relations. The call will feature CEO Richard R. Hough III and CFO Scott A. Gerard, followed by a Q&A session. Additionally, a quarterly dividend of $0.16 per Class A share has been declared, payable on September 18, 2020 to shareholders of record as of September 11, 2020.