Silvercrest: Equinox reports approximately 10.3% stake

The reporting persons list shared voting and dispositive power over 805,365 shares, with no sole voting or dispositive power.

Rhea-AI Filing Summary

Silvercrest Asset Management Group Inc. (SAMG) is the issuer whose Class A shares are covered by an amended Schedule 13D reporting a shared position of 805,365 shares. Equinox Partners Investment Management LLC, Equinox Partners, L.P., and Sean M. Fieler, identified as Manager, each report the same position, representing approximately 10.3% of the class. The percentage is based on 7,821,782 shares outstanding, as reported in Silvercrest’s Form 10-Q filed July 30, 2026. The reporting persons state that the shares were purchased using applicable clients’ investment capital and that the funds used totaled approximately $8,801,653, including commissions. Each disclaims beneficial ownership of reported securities that it or he does not directly own.

Filing Explained

This amendment says the reported shares may be held in client margin accounts and pledged as collateral, but does not establish that either occurred or identify any margin amount, leaving related borrowing and encumbrance unquantified.

Key Figures

Beneficially owned Class A shares: 805,365 shares Percentage of class: Approximately 10.3% Shares outstanding: 7,821,782 shares +3 more

6 metrics

Beneficially owned Class A shares 805,365 shares Shared position reported by the reporting persons

Percentage of class Approximately 10.3% Based on shares outstanding reported in Silvercrest’s Form 10-Q filed July 30, 2026

Shares outstanding 7,821,782 shares Reported in Silvercrest’s Form 10-Q filed July 30, 2026

Shared voting power 805,365 shares Reported by each reporting person

Shared dispositive power 805,365 shares Reported by each reporting person

Funds used to purchase shares Approximately $8,801,653 Including commissions

Key Terms

beneficial ownership, Shared Voting Power, Shared Dispositive Power, margin accounts, +1 more

5 terms

beneficial ownership regulatory

"aggregate amount beneficially owned by each reporting person"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Shared Voting Power regulatory

"Shared Voting Power 805,365.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

Shared Dispositive Power regulatory

"Shared Dispositive Power 805,365.00"

margin accounts financial

"purchases of Shares through margin accounts"

A margin account is a brokerage account that lets an investor borrow money from the broker to buy more securities than they could with cash alone, using the securities in the account as security for the loan. Think of it like a mortgage for stock purchases: borrowing increases potential gains but also magnifies losses, can trigger a forced sale if the account falls below required limits, and carries interest costs—factors investors must manage carefully.

investment capital financial

"investment capital of the applicable clients of EPIM"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SAMG shares do the reporting persons report?

The reporting persons report a shared position of 805,365 Class A shares, approximately 10.3% of the class. The reporting persons are Equinox Partners Investment Management LLC, Equinox Partners, L.P., and Sean M. Fieler.

Who has voting and dispositive power over the reported SAMG shares?

Each reporting person reports shared voting power and shared dispositive power over 805,365 shares, with zero sole voting power and zero sole dispositive power.

How were the SAMG shares funded?

The reporting persons state that the shares were purchased using investment capital of applicable clients of Equinox Partners Investment Management LLC. The aggregate funds used were approximately $8,801,653, including commissions. Purchases may be made through client margin accounts, and shares may be pledged as collateral for debit balances.

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

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Available on EDGAR 10/16/2026 - 05:12 PM EDT Accepted by SEC EDGAR 10/16/2026 - 05:12 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

Silvercrest Asset Management Group Inc.

(Name of Issuer)

Class A common stock, $0.01 par value per share

(Title of Class of Securities)

828359109

(CUSIP Number)

Eric Wagner
Kleinberg, Kaplan, Wolff & Cohen P.C., 500 Fifth Avenue
New York, NY, 10110
(212) 880-9845

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

10/14/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 828359109

1

Name of reporting person

Equinox Partners Investment Management LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 805,365.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 805,365.00

11

Aggregate amount beneficially owned by each reporting person

805,365.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

10.3 %

14

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13D

CUSIP Number(s): 828359109

1

Name of reporting person

Equinox Partners, L.P.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 805,365.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 805,365.00

11

Aggregate amount beneficially owned by each reporting person

805,365.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

10.3 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP Number(s): 828359109

1

Name of reporting person

Sean M. Fieler

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 805,365.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 805,365.00

11

Aggregate amount beneficially owned by each reporting person

805,365.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

10.3 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A common stock, $0.01 par value per share
(b)	Name of Issuer: Silvercrest Asset Management Group Inc.
(c)	Address of Issuer's Principal Executive Offices: 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, New York, NEW YORK , 10019.
Item 1 Comment: The following constitutes Amendment No. 2 (this "Amendment No. 2") to the Statement on Schedule 13D (as previously amended, this "Schedule 13D") filed by the undersigned with respect to the shares of the Class A common stock, $0.01 par value per share (the "Shares") of Silvercrest Asset Management Group Inc. (the "Issuer"). This Amendment No. 2 amends the Schedule 13 D as specifically set forth herein.
Item 3.	Source and Amount of Funds or Other Consideration
	Item 3 of the Schedule 13D is hereby amended and restated in its entirety as follows: All of the Shares to which this Schedule 13D relates were purchased using the investment capital of the applicable clients of EPIM. The aggregate amount of funds used for the purchase of the Shares held by the Reporting Persons is approximately $8,801,653, including commissions. The Reporting Persons may effect purchases of Shares through margin accounts maintained for EPIM's clients with prime brokers, which extend margin credit as and when required to open or carry positions in their margin accounts, subject to applicable federal margin regulations, stock exchange rules and such firms' credit policies. Shares may be held in margin accounts and may be pledged as collateral security for the repayment of debit balances in such accounts. Since other securities may be held in such margin accounts, it may not be possible to determine the amounts, if any, of margin used to purchase the Shares.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows: (a) - (b) The aggregate percentage of Shares reported owned by the Reporting Persons is based upon 7,821,782 Shares outstanding, which is the total number of Shares outstanding as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 30, 2026. As of the date hereof, the Reporting Persons beneficially own an aggregate of 805,365 Shares, constituting approximately 10.3% of the outstanding Shares. See rows (11) and (13) of the cover pages to this Schedule 13D for the aggregate number of Shares and percentage of the outstanding Shares beneficially owned by each of the Reporting Persons. See rows (7) through (10) of the cover pages to this Schedule 13D, including the notes relating thereto, for the number of Shares as to which each Reporting Person has the sole or shared power to vote or direct the vote and the sole or shared power to dispose or to direct the disposition. The filing of this Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own.
(b)	See item 5(a).
(c)	During the past sixty (60) days, the Reporting Persons have not entered into any transactions in the Shares except as set forth on Schedule 1 hereto.
(d)	No Person is known to the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any Shares that may be beneficially owned by the Reporting Persons.
(e)	Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Equinox Partners Investment Management LLC

Signature:	/s/ Sean M. Fieler
Name/Title:	Sean M. Fieler, Manager
Date:	10/16/2026

Equinox Partners, L.P.

Signature:	/s/ Sean M. Fieler
Name/Title:	Sean M. Fieler, Manager of Equinox Partners Investment Management LLC, the Investment Manager of Equinox Partners, L.P.
Date:	10/16/2026

Sean M. Fieler

Signature:	/s/ Sean M. Fieler
Name/Title:	Sean M. Fieler
Date:	10/16/2026