Silvercrest Asset Management Group Inc (OQ:SAMG)
Business Focus: Wealth Management
| Sector: Financials | Industry: Investment Management & Fund Operators |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1330 Avenue Of The Americas, 38Th Floor NEW YORK NY 10019 |
| Tel: | 1-212-6490601 |
| Website: | https://www.silvercrestgroup.com |
| IR: | See website |
| Key People | ||
| Richard R. Hough Chairman of the Board, President, Chief Executive Officer | Scott A. Gerard Chief Financial Officer | David J. Campbell General Counsel, Secretary |
| Albert S. Messina Managing Director and Portfolio Manager, Director | J. Allen Gray Managing Director - Institutional Business | |
| Business Overview |
| Silvercrest Asset Management Group Inc. is a full-service wealth management company. The Company operates through the investment management industry segment. The Company is focused on providing financial advisory and related family office services to high-net-worth individuals and institutional investors. It offers a suite of complementary and customized family office services for families seeking comprehensive oversight of their financial affairs. The Company's is engaged in advising its clients on traditional investment strategies focused on equities, fixed income and cash as well as non-traditional investment strategies including hedge funds, private equity funds, real estate and commodities. In addition to its investment capabilities, the Company also provides its clients with family office services and related administrative services, which include financial planning, tax planning and preparation, partnership accounting and fund administration, and consolidated wealth reporting. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Silvercrest Asset Management Group Inc revenues decreased 5% to $117.4M. Net income decreased 52% to $9.1M. Revenues reflect SubTotal decrease of 5% to $112.8M, Performance fees decrease from $2K to $0K. Net income also reflects Silvercrest Funds segment income decrease of 51% to $18.8M. Dividend per share increased from $0.70 to $0.74. |
| Employees: | 149 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $137.93M as of Dec 31, 2023 |
| Annual revenue (TTM): | $117.41M as of Dec 31, 2023 |
| EBITDA (TTM): | $22.91M as of Dec 31, 2023 |
| Net annual income (TTM): | $9.09M as of Dec 31, 2023 |
| Free cash flow (TTM): | $2.28M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 13,913,126 as of Apr 4, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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