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Silvercrest Establishes Atlanta Office, Hires Brittain Prigge

(Neutral)
(Very Positive)
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Silvercrest (NASDAQ: SAMG) opened its first Atlanta office on April 29, 2026, and appointed Brittain Prigge as Managing Director to lead local business development.

The move supports Silvercrest’s Southeast expansion and aims to serve ultra-high-net-worth families by leveraging a boutique advisory model with institutional investment capabilities.

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Positive

  • Opened first Atlanta office on April 29, 2026
  • Appointed Brittain Prigge as Managing Director with 35+ years experience

Negative

  • None.

News Market Reaction – SAMG

-2.37%
-2.37% Session close to close

In the Apr 29 session, SAMG declined 2.37%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Silvercrest’s continued expansion into high-growth wealth hubs, adding ...
Analysis

This announcement highlights Silvercrest’s continued expansion into high-growth wealth hubs, adding an Atlanta office and a Managing Director with over 35 years of local wealth management experience. It complements earlier initiatives in other regions and reinforces the focus on ultra-high-net-worth families. Historically, the firm has invested heavily in talent and distribution, with mixed near-term market reactions. Investors may watch how Atlanta contributes to client acquisition, AUM growth and operating leverage over time.

Key Figures

Wealth management experience: over 35 years
1 metrics
Wealth management experience over 35 years Brittain Prigge’s industry background

Historical Context

5 past events · Latest: Mar 16 (Negative)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 16 Q4 & FY25 results Negative -5.0% Full-year 2025 results with higher revenue but notably lower earnings and EBITDA.
Mar 03 APAC expansion Positive -1.0% Asia Pacific business build-out with senior hire and new global value fund.
Feb 05 Quarterly dividend Positive +0.3% Declaration of $0.21 quarterly dividend to Class A shareholders.
Feb 03 Brand ranking Positive -2.3% Ranked #6 in Q4 2025 eVestment brand awareness among nearly 400 peers.
Oct 30 Q3 2025 earnings Negative -1.4% Record AUM of $37.6B but higher expenses and lower earnings versus prior year.

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

Pattern Detected

Recent fundamental and strategic news has often coincided with modestly negative or mixed price reactions, even on generally constructive updates.

Recent Company History

Over the past six months, Silvercrest reported Q3 and full‑year 2025 results, maintained its dividend, expanded internationally, and gained consultant recognition. Q3 and Q4/2025 updates highlighted $37.0B–$37.6B in AUM, modest revenue growth, and lower earnings as the firm invested for long-term growth. Strategic moves included expansion in Asia Pacific and brand awareness gains. Despite this, several updates around Oct 30, 2025 and Mar 16, 2026 saw negative price reactions, underscoring market sensitivity to margins and earnings.

Key Terms

multi-family offices, ultra-high-net-worth
2 terms
multi-family offices financial
"she was a founding partner and President of Balentine, one of Atlanta's most respected multi-family offices."
A multi-family office is a firm that manages money, taxes, legal matters, investments and lifestyle services for several wealthy families, acting like a shared personal CFO and household manager. Investors care because these firms pool expertise and buying power to access better investment deals, lower costs and coordinated long-term planning, so their investment choices and allocations can influence markets and deal flow.
ultra-high-net-worth financial
"commitment to serving ultra-high-net-worth individuals and families in dynamic and growing markets."
Individuals or households with exceptionally large total wealth and investable assets, often far above ordinary high-net-worth levels; exact dollar cutoffs vary by region but are commonly measured in the tens of millions. They matter to investors because their buying, selling and capital allocation can move markets, create demand for specialized financial products and private deals, and shape fundraising; think of them as a few very large ships whose movements affect the whole harbor.

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

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Brittain Prigge joins Silvercrest to help build the firm’s presence in one of the country’s fastest-growing wealth markets

NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) today announced the opening of its first Atlanta office, marking a key milestone in the firm’s expansion into high-growth wealth markets. The office builds on Silvercrest’s existing client relationships and business development efforts. The firm also announced the appointment of Brittain Prigge as Managing Director. Brittain joins Silvercrest with over 35 years of wealth management expertise. Prior to Silvercrest, she was a founding partner and President of Balentine, one of Atlanta's most respected multi-family offices.

The Atlanta office represents an important step in Silvercrest’s broader Southeast and national market strategy, reinforcing the firm’s commitment to serving ultra-high-net-worth individuals and families in dynamic and growing markets.

Richard R. Hough III, Chairman and Chief Executive Officer of Silvercrest, said, “Atlanta is a natural next step in our expansion strategy, reflecting both the strength of the market and the increasing demand for thoughtful, long-term investment and advisory services. We have tremendous confidence in Brittain. Her deep understanding of the Atlanta community, combined with her longstanding relationships and respected track record, uniquely position her to contribute to our growth.”

Ms. Prigge added, “Silvercrest’s client-first philosophy and long-term approach to investing strongly align with the needs of families and institutions in Atlanta. I’m excited to join the team to continue building the firm’s presence here and to deliver the level of personalized advice and partnership that clients expect.”

Silvercrest’s Atlanta expansion underscores the firm’s disciplined approach to growth, which focuses on establishing a presence in leading commercial markets. The firm combines a high-touch, boutique culture with institutional-quality investment capabilities, delivering a fully integrated approach to wealth management tailored to the complex needs of ultra-high-net-worth families. Silvercrest's investment in Atlanta reflects its long-term commitment to the region.

About Brittain Prigge
Brittain E. Prigge, CFA, is a Managing Director and Portfolio Manager at Silvercrest Asset Management Group. Prior to joining Silvercrest, Ms. Prigge served as President and Head of Multi-Family Office at Balentine, where she was a founding member of the firm and sat on both the Management Committee and the Board of Managers. Previously, she served as Head of Investment Advisory, Southeast at Wilmington Trust, where she managed the firm’s investment advisory practice across the southeastern United States following Wilmington Trust’s acquisition of Balentine & Company in 2002. Ms. Prigge began her career at Merrill Lynch, Pierce, Fenner and Smith, and joined Balentine & Company in 1994, becoming a partner in 2001. Ms. Prigge is a frequent speaker at Barron’s conferences and industry events and has been recognized as one of the Top 100 Women Financial Advisors by the Financial Times and as a Woman of Influence by the Atlanta Business Chronicle. Ms. Prigge serves on the boards of Covenant House Georgia, the Buckhead Coalition, Breakthrough Atlanta, and the Metro Atlanta Chamber. Ms. Prigge received a B.A. in Political Science from Vanderbilt University and is a member of the CFA Institute and the CFA Society of Georgia, as well as the Ultra High Net Worth Institute.

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. Silvercrest provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors, and has offices in New York, Atlanta, Boston, California, Virginia, Wisconsin, New Jersey, and Singapore. As of December 31, 2025, the firm reported assets of $37 billion.

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


FAQ

Why did Silvercrest (SAMG) open an Atlanta office on April 29, 2026?

To expand into a high-growth wealth market and deepen client relationships. According to Silvercrest, the Atlanta office supports its Southeast and national market strategy to serve ultra-high-net-worth families.

Who is Brittain Prigge and what role will she have at Silvercrest (SAMG)?

Brittain Prigge joins as Managing Director to build local presence and business development. According to Silvercrest, she brings over 35 years of wealth management experience and Atlanta community relationships.

How will Silvercrest's Atlanta expansion affect services for SAMG clients?

It is intended to provide more localized, high-touch advisory services to ultra-high-net-worth clients. According to Silvercrest, the office combines boutique client service with institutional investment capabilities.

When did Silvercrest announce the Atlanta office and hire of Brittain Prigge (SAMG)?

The company announced both on April 29, 2026. According to Silvercrest, the opening and appointment mark a milestone in its Southeast expansion strategy.

Does the Atlanta office signal a broader growth strategy for Silvercrest (SAMG)?

Yes, it fits a broader Southeast and national expansion plan focused on leading commercial markets. According to Silvercrest, the move reflects a long-term commitment to the region and client service.