Silvercrest Asset Management Group Inc.

Silvercrest Asset Management Group Inc. is a U.S.-based wealth management firm organized around Silvercrest L.P. and its subsidiaries. It provides investment advisory services and complementary family office services to ultra-high net worth individuals, families, and institutional investors, with assets managed through discretionary accounts and private funds.

9,4 %

3,9 %

+1,3 %

— Silvercrest Asset Management Group Inc.
%
Discretionary Managed Accounts97% Separately managed client accounts where Silvercrest makes day-to-day investment decisions.
Private Funds3% Investment funds and funds of funds managed by Silvercrest for eligible investors.
Family Office Services0% Administrative and advisory support for wealthy families' financial affairs.
Institutional Advisory Services0% Investment advisory mandates for institutions and related clients.

Silvercrest serves ultra-high net worth individuals and families that want customized investment management and broader...

  • Ultra-high net worth individualsprimary

    Buy discretionary portfolio management and tailored advisory services to preserve and grow complex personal wealth.

  • Family offices and wealthy familiesprimary

    Use family office services for reporting, administration, and coordination of financial affairs.

  • Institutional investorssecondary

    Engage Silvercrest for investment advisory services and specialized mandates.

  • Private fund investorssecondary

    Invest in Silvercrest-managed private funds and funds of funds for strategy exposure.

Silvercrest is headquartered in the United States and its business is primarily tied to U.S.-based clients and markets...

  • •Headquartered in the United States
  • •Primary client base is U.S.-centric wealth management
  • •No country-level revenue split disclosed in the excerpts
  • •Client geography matters through relationship coverage and service delivery
  • •AUM-linked revenue makes market exposure more important than physical footprint

Silvercrest’s strategy centers on attracting and retaining ultra-high net worth and institutional clients with classic...

01
Increase and retain assets under managementshort-term

Management fees are driven primarily by AUM, so asset growth directly supports revenue.

02
Differentiate through investment performance and servicemedium-term

Client retention and new mandates depend on relative performance and relationship quality.

03
Broaden family office and private fund capabilitiesmedium-term

Complementary services can deepen client relationships and increase share of wallet.

Silvercrest is exposed to market-driven AUM volatility, since advisory fees rise and fall with the value of client...

high

AUM sensitivity to market declines

Advisory fees are based on market value of assets managed, so falling markets reduce fee revenue.

Scope
Discretionary managed accounts and advisory mandates
Materiality
high
high

Client outflows after weaker performance

Clients may redeem or reallocate assets if strategies underperform peers or benchmarks.

Scope
Wealth management and private fund relationships
Materiality
high
medium

Performance fee variability

Performance fees and allocations depend on high-water marks and fund returns, making them uneven over time.

Scope
Private funds and partnership interests
Materiality
medium
medium

Regulatory and fiduciary compliance

Investment advisers must meet conduct, disclosure, and suitability obligations that can affect operations and costs.

Scope
Registered investment advisory activities
Materiality
medium
AUM-based fee recognition
Management and advisory fees
Performance fees and high-water marks
Other income and fund-related earnings
Non-controlling interests in Silvercrest L.P
Net income attributable to Silvercrest
Fair value measurement of AUM
Revenue and KPI presentation

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: 29/04/2026