SilverCrest Asset Management ( (SAMG) ) has released its Q1 earnings. Here is a breakdown of the information SilverCrest Asset Management presented to its investors.
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Silvercrest Asset Management Group Inc., an independent investment advisory firm, provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors. In its first quarter of 2025 earnings report, Silvercrest highlighted strong new client organic flows of $0.4 billion, despite a decline in total assets under management (AUM) due to volatile markets. The company’s discretionary AUM remained flat at $22.7 billion, while total AUM stood at $35.3 billion.
Key financial metrics for the quarter included a revenue increase to $31.4 million, up 3.7% from the previous year, driven by market appreciation. However, net income decreased to $3.9 million from $4.9 million in the prior year, with adjusted EBITDA also declining to $6.5 million. Silvercrest completed a $12 million stock repurchase program and declared a quarterly dividend of $0.20 per share.
Despite the challenging market conditions, Silvercrest remains optimistic about future growth, emphasizing strategic investments in talent and initiatives to enhance its presence in institutional and wealth markets. The firm plans to continue monitoring its compensation ratio to align with business growth opportunities and maintain a robust new business pipeline.
Looking ahead, Silvercrest’s management remains confident in navigating market volatility and capitalizing on economic dislocations, with a focus on growth and shareholder returns supported by a strong balance sheet.