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Silvercrest Asset Management Group (SAMG) investor relations material
Silvercrest Asset Management Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 discretionary AUM fell $939.2M to $23.8B, mainly from weaker markets; net flows were $58.3M, with $182.2M in new client accounts.
Q3 revenue rose 4.5% YoY to $32.7M; 9M revenue increased 1.6% to $94.9M as strategic growth investments continued.
Financial highlights
Q3 GAAP net income was $1.2M; net income attributable to Class A shareholders was $0.65M, or $0.08 per diluted share.
Q3 adjusted net income was $1.91M, adjusted diluted EPS was $0.16, and adjusted EBITDA was $4.4M.
9M GAAP net income was $2.2M versus $8.2M; net income attributable to shareholders was $1.06M versus $5.01M.
9M adjusted net income was $4.55M versus $9.56M; adjusted diluted EPS was $0.38 versus $0.74, and adjusted EBITDA was $11.6M versus $16.8M.
Q3 management and advisory fees rose 5.0% to $31.6M; family office services revenue declined 7.7% to $1.1M.
Outlook and guidance
Completed offices, funds, trust and licensing work is expected to reduce related administrative and legal costs and begin contributing revenue; management identified 2027 as an important year.
Compensation ratio is expected to remain elevated as growth investments mature; revenue contributions are expected to help lower compensation as a share of revenue.
Institutional pipeline remains robust, with improved opportunity count and potential AUM, particularly in Global and International Equity strategies.
Available cash is expected to meet operating needs and commitments over the next 12 months, primarily alongside operating cash flow.
- Discretionary AUM up 6.9% to $24.7B; Q2 net income and margins declined on higher costs.SAMG
Q2 2026 - Strategic growth, global expansion, and high retention drive robust AUM and shareholder value.SAMG
Sidoti Small-Cap Virtual Conference - AUM fell 3.5% to $35.7B as net income dropped and costs rose on flat revenue.SAMG
Q1 2026 - Board recommends approval of director, executive pay, and auditor at 2026 Annual Meeting.SAMG
Proxy filing - AUM grew year-over-year, but earnings and margins declined amid elevated investment in growth.SAMG
Q4 2025 - Board recommends approval of all 2025 proxy proposals, including equity plan expansion and auditor ratification.SAMG
Proxy Filing - AUM rose 13% to $35.1B, but higher expenses reduced net income and margins.SAMG
Q3 2024 - Revenue and AUM rose, but higher costs reduced net income; new hires and dividend boost future growth.SAMG
Q2 2024 - Record AUM and organic inflows drive global growth and continued capital returns.SAMG
Q4 2024
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