Silvercrest Asset Management Group Inc. — Q3 2026 Earnings Summary
Silvercrest Asset Management Group Inc. reported third-quarter 2026 revenue of $32.7 million and total assets under management of $36.2 billion, with discretionary AUM declining to $23.8 billion due to market depreciation and net client outflows. The company achieved a GAAP net income of $1.2 million for the quarter and $2.2 million for the nine-month period, while adjusted net income stood at $1.9 million and $4.6 million respectively. Strategic initiatives included the acquisition of a full MiFID license in Ireland and the opening of a Dublin office, alongside a significant increase in compensation expenses to support talent acquisition and business growth. The Board of Directors declared a quarterly dividend of $0.21 per share, payable in December 2026 to stockholders of record in December.
- Company
- SILVERCREST ASSET MANAGEMENT GROUP INC
- Sector
- Financial Services
- Industry
- Asset Management