Earnings Releases·Oct 29, 2026, 4:23 PM ET

Silvercrest Asset Management Group Inc. — Q3 2026 Earnings Summary

Revenue increased 4.5% year-over-year to $32.7 million for the quarter, while consolidated net income rose to $1.2 million (3.7% margin) compared to $1.1 million in the prior year period.
Adjusted EBITDA declined to $4.4 million (13.5% margin) for the quarter from $4.5 million (14.5% margin) in the prior year, with total expenses rising 2.9% year-over-year to $30.8 million.
Total AUM decreased 3.7% year-over-year to $36.2 billion, driven by market depreciation of $0.9 billion, though net flows remained essentially flat at $58.3 million for the quarter.
Management expects administrative and legal costs to decline while compensation ratios remain elevated due to a significant investment program, alongside plans for imminent equity grants to align professional interests.
The Board declared a quarterly dividend of $0.21 per share; the firm also secured its full MiFID license and opened a Dublin office to serve European institutional and high net worth clients.