SilverCrest Asset Management ( (SAMG) ) has provided an announcement.
On April 7, 2025, Albert Messina resigned from the Board of Directors of Silvercrest Asset Management Group Inc., with no disputes influencing his decision. J. Allen Gray, the Managing Director and Head of Institutional Business, was appointed to fill the vacancy, effective immediately. Gray, who has significantly contributed to the firm’s institutional equity business, is expected to provide strategic insights to support Silvercrest’s growth plans. His appointment is seen as a strategic move to bolster the company’s position in the institutional asset management sector.
Spark’s Take on SAMG Stock
According to Spark, TipRanks’ AI Analyst, SAMG is a Neutral.
SilverCrest Asset Management stands out with solid financials and a positive outlook from recent earnings. While technical indicators suggest short-term challenges, the company’s strategic growth initiatives and high dividend yield provide a balanced investment case.
To see Spark’s full report on SAMG stock, click here.
More about SilverCrest Asset Management
Silvercrest Asset Management Group Inc., founded in April 2002, is an independent, employee-owned registered investment adviser. The firm specializes in institutional and wealth asset management services, providing traditional and alternative investment advisory and family office services to wealthy families and select institutional investors. With offices across the United States, Silvercrest reported assets under management of $36.5 billion as of December 31, 2024.
YTD Price Performance: -15.19%
Average Trading Volume: 33,853
Technical Sentiment Signal: Strong Buy
Current Market Cap: $210.1M
Learn more about SAMG stock on TipRanks’ Stock Analysis page.