Silvercrest Asset Management Secures Full Central Bank of Ireland MiFID License to Expand International Growth

A new Irish MiFID license positions Silvercrest to expand its ultra-wealth advisory services across the European market.

Rhea-AI Summary

Silvercrest Asset Management Group (SAMG) has secured a full MiFID license from the Central Bank of Ireland to support international growth and serve ultra-high-net-worth and institutional clients across Ireland and Europe.

The Nasdaq-listed, employee-owned firm, founded in 2002 and headquartered in New York, reports $25 billion (€21.7 billion) in discretionary assets under management as of 30 June 2026, with a 5:1 client-to-professional ratio and 98% client retention. Its EU headquarters in Dublin is led by Managing Director Fintan Maher, supported by Colm Galvin, Sarah-Jane Leonard, and Carina Myles. Silvercrest now operates seven offices in the United States, as well as offices in Singapore and Dublin, with professionals also based in London and Australia.

Positive

• Full MiFID license from Central Bank of Ireland enables servicing clients across Ireland and Europe
• $25 billion (€21.7 billion) in discretionary AUM as of 30 June 2026
• 98% client retention and a 5:1 client-to-professional ratio
• Expanded Dublin leadership team of four to drive European growth

Negative

• None.

Market Context

SAMG was down 0.5% at its prior close, while the related Dublin-office announcement was followed by ...

Analysis

SAMG was down 0.5% at its prior close, while the related Dublin-office announcement was followed by a 0.4% 24-hour gain; both provide context for this subsequent European licensing milestone.

Key Figures

Discretionary AUM: $25 billion (€21.7 billion) Client retention: 98% Client-to-professional ratio: 5:1

Discretionary AUM

$25 billion (€21.7 billion)

As of 30 June 2026

Client retention

98%

Global client relationships

Client-to-professional ratio

5:1

Global client service model

Historical Context

2 past events · Latest: Aug 12

2 events

1. Aug 12

   Dublin office appointments

   24h Move

   +0.4%

   Two senior appointments strengthened Silvercrest's Dublin European office

2. Jul 30

   Q2 earnings report

   24h Move

   +3.8%

   Q2 filing highlighted the expected Irish MiFID license within global distribution investment

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

mifid, mifid ii, discretionary assets under management

3 terms

mifid regulatory

"secured a full MiFID (Markets in Financial Instruments Directive) license"

MiFID is a European regulatory framework that sets rules for how financial firms buy, sell and advise on stocks, bonds and other investment products. Think of it as a rulebook for a marketplace that forces firms to be clear about costs, act in clients’ interest, record trades and make market information more transparent. For investors this means stronger protections, clearer pricing and easier comparison of services, which helps reduce hidden costs and unfair practices.

mifid ii regulatory

"implement the MiFID II directive in Ireland"

MiFID II is a set of rules in Europe that aims to make financial markets more transparent and fair. It requires banks and investment firms to clearly explain their services and costs to clients, helping people make better-informed decisions when investing their money.

discretionary assets under management financial

"$25 billion (€21.7 billion) in discretionary assets under management"

Discretionary assets under management are the total market value of client investments that a financial firm can buy, sell, or reallocate on clients’ behalf without needing each client’s prior approval. Measured like a chef’s control over a kitchen, discretionary AUM indicates how much authority managers have to act quickly, which affects a firm’s fee income, operational flexibility, and ability to implement investment strategies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• This license enables Silvercrest to service ultra-high-net-worth clients and institutional investors in Ireland and across Europe.
• Nasdaq-listed Silvercrest is a 24-year-old business headquartered in New York with $25 billion in discretionary assets under management.
• Silvercrest’s EU headquarters in Dublin is led by Managing Director Fintan Maher, a veteran family advisor.
  
  

NEW YORK, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Silvercrest, an ultra-high net worth wealth advisor and asset manager, today announces that it has secured a full MiFID (Markets in Financial Instruments Directive) license from the Central Bank of Ireland to expand the firm’s international growth.

Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) was founded in the United States in 2002 to serve the world’s wealthiest families and select institutional investors.

Silvercrest is an independent, employee-owned, and publicly registered investment adviser, with $25 billion (€21.7 billion) in discretionary assets under management as of 30 June 2026. Relative to its assets under management, the firm serves a small number of client relationships globally, maintaining a 5:1 client-to-professional ratio and 98% client retention.

Silvercrest’s private client business offers institutional-quality investment management alongside financial planning, tax-aware portfolio construction, estate and trust coordination, philanthropy, family governance, and other advisory services tailored to a limited number of ultra-high-net-worth individuals and families.

The firm’s asset management business provides specialist investment solutions for large institutional allocators, including pension funds, endowments, and foundations.

Last month in Ireland, Silvercrest announced the key executive hires of veteran family advisor Fintan Maher as Managing Director and Head of its Dublin-based European office, along with Colm Galvin as a Director and Portfolio Manager.

Maher joined Silvercrest with more than 25 years of leadership experience in wealth management and family office businesses across Ireland and Australia. He served as CIO of Irelandia Investments, and most recently led Goodbody's family advisory business.

Galvin joined Silvercrest with over 20 years of experience in financial markets. He was most recently Founding Partner of MGK Capital Partners, a Dublin-based multi-family office.

With the hiring of Maher and Galvin, the firm’s Dublin leadership team now numbers four; they join Sarah-Jane Leonard, Director of Finance and Operations in Ireland, and Carina Myles, Head of Compliance and Risk.

Silvercrest has seven offices in the United States, offices in Singapore, Dublin, and professionals in London and Australia. The firm’s Irish office is located in Ballsbridge, Dublin. 

The European Union (Markets in Financial Instruments) Regulations 2017 (S.I. No. 375 of 2017) implement the MiFID II directive in Ireland, establishing rules for investment firms and enhancing investor protection.

About Silvercrest: 
Silvercrest Asset Management Group LLC (the “firm”) is the principal operating subsidiary of Silvercrest Asset Management Group Inc. Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser, headquartered in New York. The firm has seven offices in the United States, an office in Singapore, and team members based in Europe and Australia. The firm has opened its Dublin office as its first European base of operations to support existing clients across the EU.

Contact: Richard Hough
212-649-0601
rhough@silvercrestgroup.com

FAQ

What types of clients can Silvercrest serve under its new MiFID license?

The license enables Silvercrest to serve ultra-high-net-worth clients and institutional investors in Ireland and across Europe. The firm’s private client business focuses on ultra-high-net-worth individuals and families, while its asset management business provides specialist solutions for large institutional allocators such as pension funds, endowments, and foundations.

What services does Silvercrest offer to ultra-high-net-worth clients?

Silvercrest offers institutional-quality investment management combined with financial planning, tax-aware portfolio construction, estate and trust coordination, philanthropy, family governance, and other advisory services tailored to a limited number of ultra-high-net-worth individuals and families.

Who leads Silvercrest’s European operations in Dublin?

The Dublin-based European office is led by Managing Director Fintan Maher, a veteran family advisor with more than 25 years of experience. He is joined by Colm Galvin as Director and Portfolio Manager, Sarah-Jane Leonard as Director of Finance and Operations in Ireland, and Carina Myles as Head of Compliance and Risk.

Where is Silvercrest present globally?

Silvercrest is headquartered in New York and has seven offices in the United States, offices in Singapore and Dublin, and professionals based in London and Australia. The firm’s Irish office is located in Ballsbridge, Dublin.