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SAMG

Silvercrest Asset Management Group Inc.

SAMG

Silvercrest Asset Management Group Inc. • NASDAQ
$13.80 ▲ 0.44% (+0.06)
Market Cap $112.07 M
52w High $19.20
52w Low $13.23
Dividend Yield 0.81%
P/E 19.17
Volume 10.60K
Outstanding Shares 8.12M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $31.295M ▲ $8.25M ▲ $618K ▼ 1.975% ▼ $0.074 ▼ $2.389M ▼
Q2-2025 $30.683M ▼ $7.827M ▲ $1.918M ▼ 6.251% ▼ $0.21 ▼ $5.152M ▼
Q1-2025 $31.392M ▼ $7.674M ▼ $2.469M ▲ 7.865% ▲ $0.26 ▲ $5.908M ▲
Q4-2024 $31.962M ▲ $8.102M ▲ $1.618M ▼ 5.062% ▼ $0.17 ▼ $2.992M ▼
Q3-2024 $30.424M $7.369M $2.252M 7.402% $0.24 $5.875M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $36.128M ▲ $157.557M ▲ $64.054M ▲ $58.885M ▼
Q2-2025 $30.041M ▼ $152.711M ▼ $52.757M ▲ $64.605M ▼
Q1-2025 $36.255M ▼ $159.926M ▼ $43.234M ▼ $80.042M ▼
Q4-2024 $68.611M ▲ $194.432M ▲ $74.739M ▲ $80.697M ▼
Q3-2024 $58.103M $184.17M $61.292M $84.577M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.089M ▼ $14.599M ▲ $-809K ▼ $-7.691M ▲ $6.086M ▲ $13.79M ▲
Q2-2025 $3.149M ▼ $13.849M ▲ $-470K ▼ $-19.601M ▼ $-6.214M ▲ $13.379M ▲
Q1-2025 $3.928M ▲ $-24.714M ▼ $-402K ▼ $-7.234M ▼ $-32.356M ▼ $-25.116M ▼
Q4-2024 $2.684M ▼ $16.407M ▲ $-363K ▲ $-5.512M ▼ $10.508M ▲ $16.044M ▲
Q3-2024 $7.36M $13.29M $-380K $-4.763M $8.156M $14.247M

Revenue by Products

Product Q3-2024Q1-2025Q2-2025Q3-2025
Family Office Services
Family Office Services
 $0 ▲$0 ▲$0 ▲$0 ▲
Investment Advisory Management and Administrative Service
Investment Advisory Management and Administrative Service
 $30.00M ▲$30.00M ▲$30.00M ▲$30.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue over the past several years has been fairly steady, with only modest growth and no clear breakout trend. Profitability peaked a few years ago and has since come down to more moderate levels, though it remains positive. Earnings per share had an unusually strong year earlier in the period and have since reset to a lower, more normal range, where they now look relatively stable. Overall, this is a business that seems consistent but closely tied to market conditions and fee dynamics, so profits can swing more than revenues when markets are volatile or costs rise.

Balance Sheet

Balance Sheet The balance sheet looks conservative and relatively clean. Total assets have been stable, with a solid cash cushion that has been maintained over time. Debt has gradually come down from earlier levels, easing financial risk, while shareholders’ equity has held steady. This points to a company that has not been aggressively levering up and appears to be managing its obligations prudently, though it also suggests limited balance-sheet-driven growth initiatives.

Cash Flow

Cash Flow Cash generation from the core business has been consistently positive, even if it has cooled a bit from an earlier high point. Free cash flow closely tracks operating cash flow because capital spending needs are very light. This is typical for an asset manager and means most cash can be directed to dividends, buybacks, or strategic initiatives rather than heavy investment in fixed assets. The key risk is not operational cash burn, but rather how sensitive cash flows remain to changes in assets under management and fee levels.

Competitive Edge

Competitive Edge Silvercrest operates in a focused niche, serving ultra-high-net-worth clients and select institutions with a high-touch, relationship-driven model. Its key strengths are deep client relationships, high retention, an experienced and stable team, and an integrated offering that combines investment management with family office and OCIO services. Being independent and employee-owned supports alignment with clients and staff. On the risk side, the firm competes in a crowded industry, depends heavily on market performance and reputation, and faces ongoing fee pressure and talent competition, especially as larger and more tech-enabled firms target similar clients.

Innovation and R&D

Innovation and R&D Innovation at Silvercrest is centered on process, people, and service design rather than cutting-edge technology. The firm’s proprietary investment strategies, integrated family office model, and customized reporting are its main “R&D” outputs. Technology is used selectively to support service and reporting, not as the core product. Future innovation is likely to come from expanding OCIO and institutional capabilities, adding new strategies where appropriate, selective acquisitions, and gradual digital enhancements. The main trade-off is that this measured, high-touch approach may innovate more slowly on the tech side than some rivals, even as it deepens its strengths in bespoke service.

Summary

Silvercrest appears to be a steady, niche asset manager with consistent revenues, moderate but positive profitability, and a conservative financial foundation. Its cash flows are reliable for this type of business, supported by low capital needs, but inherently tied to market levels and client assets. The firm’s real edge lies in its specialized focus on very wealthy clients, strong client retention, and integrated family office and OCIO offerings. Future performance will likely hinge less on large-scale technology disruption and more on maintaining its reputation, attracting and retaining top talent, growing institutional and OCIO mandates, and navigating industry fee and competitive pressures. As with all asset managers, market cycles, investment performance, and client behavior remain key uncertainties.

NEWS

October 30, 2025 · 5:35 PM UTC

Silvercrest Asset Management Group Inc. Reports Q3 2025 Results

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October 28, 2025 · 5:07 PM UTC

Silvercrest Asset Management (SAMG) to Announce Third Quarter 2025 Results and Host Investor Conference Call

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September 8, 2025 · 12:00 PM UTC

Silvercrest Asset Management Group Appoints Nitish Sharma as Head of International Consultant Relations

Read more