Silvercrest Asset Management Group (SAMG) Sidoti Small-Cap Virtual Conference summary

Strategic principles and culture

• Maintains a consistent long-term strategy focused on innovation, ethical conduct, and a collegial, entrepreneurial culture.

• Attracts and retains talented professionals, with high internal ownership and partnership structure.

• Operates independently, free from broker-dealer or bank affiliations, ensuring alignment with client interests.

Business growth and client base

• Achieved consistent growth, reaching $36.5 billion in AUM by end of last year, with a 26% CAGR since inception.

• Growth is primarily organic, with only $7 billion of $37 billion AUM from M&A.

• Client base is 68% high-net-worth and 32% institutional, with a 98% client retention rate and broad geographic reach.

• No single client accounts for more than 4% of revenue, and clients span 46 states and multiple continents.

Mergers, acquisitions, and capabilities

• Pursues highly selective, strategic acquisitions to add capabilities and talent, not just scale.

• Recent deals include Cortina Asset Management (growth equity) and Neosho Capital (international capabilities).

• Acquisitions have been accretive and support the firm's OCIO and global strategies.