Silvercrest Asset Management Group (NASDAQ: SAMG) is a wealth management company that provides discretionary investment advisory services and family office services to high-net-worth individuals and families. Revenue comes primarily from management fees calculated as a percentage of assets under management, meaning fee income rises and falls with client asset values. As of December 31, 2025, Silvercrest managed $37.0 billion in total AUM, with $24.0 billion in discretionary AUM. Discretionary managed accounts generated $116.9 million in revenue in FY2025, representing 97% of management and advisory fees. Total revenue was $125.3 million in FY2025, up from $123.7 million in FY2024. The firm operates from its New York City headquarters with additional domestic offices in Georgia, Massachusetts, Virginia, New Jersey, California, and Wisconsin, plus an office in Singapore. Investment strategies span proprietary equity and fixed income, funds of funds, hedge funds, private equity, real estate, and commodities, complemented by non-proprietary strategies from unaffiliated managers. Family office services include financial planning, tax planning and preparation, partnership accounting, and consolidated wealth reporting.

Revenue model

Asset-based management fees tied to discretionary AUM, which accounted for 97% of management and advisory fees in FY2025. Family office and administrative service fees are generally fixed and not correlated to market values. Performance fees are earned on certain private investment funds when high-water marks are achieved, recorded under the equity method.

Products and services

Proprietary equity strategies including Large Cap Value, Small Cap Value, Smid Cap Value, Multi Cap Value, Equity Income, Focused Value, and Global Value Opportunity composites. Proprietary fixed income strategies. Non-proprietary investment capabilities sourced from unaffiliated managers. Funds of funds and other Silvercrest Funds. Family office services covering financial planning, tax planning and preparation, partnership accounting, fund administration, and consolidated wealth reporting.

Customers and end markets

High-net-worth individuals and families seeking discretionary investment management and family office services. Clients with long-term investment horizons suited to a classic value investment approach. Institutional-style service delivery targeting ultra-high-net-worth clients based on the filing's organizational structure description.

Value-chain role

Direct investment manager and family office administrator. Selects and oversees both proprietary strategies and third-party sub-advisors. Sits between end clients and capital markets, providing asset allocation advice, security selection, and administrative services.

Geographic exposure

Primary operations in the United States, headquartered in New York City with offices in Georgia, Massachusetts, Virginia, New Jersey, California, and Wisconsin. International presence via one office in Singapore.

Source: SEC 10-K, filed 2026-03-16

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