Silvercrest Asset Management Group Inc (NAS:SAMG)
$ 10.11 -0.080 (-0.79%) Market Cap: 79.08 Mil Enterprise Value: 117.92 Mil PE Ratio: 91.91 PB Ratio: 1.70 GF Score: 61/100

Q1 2025 Silvercrest Asset Management Group Inc Earnings Call Transcript

May 9, 2025 / 12:30 PM GMT
Release Date Price: $14.5 (-10.27%)

Key Points

Positve
  • Silvercrest Asset Management Group Inc (SAMG) experienced strong new client organic flows of $0.4 billion in Q1 2025, following $1.4 billion in Q4 2024, totaling $1.8 billion over the past two quarters.
  • The company completed a $12 million stock repurchase program, indicating confidence in its financial position and commitment to returning capital to shareholders.
  • Silvercrest Asset Management Group Inc (SAMG) declared a quarterly dividend of $0.20 per share of Class A common stock, reflecting a commitment to shareholder returns.
  • The firm has invested in talent across the organization to drive new growth and transition the business toward the next generation, with a robust new business pipeline.
  • The company's global value and international value strategies have shown strong performance, with significant interest from international markets, particularly in Europe and Southeast Asia.
Negative
  • Total Assets Under Management (AUM) declined during the quarter due to volatile markets amidst global economic and trade concerns.
  • Expenses for the quarter increased by 9% year over year, driven by higher compensation and benefits expenses, as well as general and administrative costs.
  • The OCIO pipeline has slowed, with lots of activity but no strong measurable progress, indicating potential challenges in securing new business in this area.
  • Market volatility and uncertainty about global trade and the macroeconomic environment could negatively impact short-term results and top-line revenue.
  • Cash and cash equivalents decreased significantly from $68.6 million at the end of 2024 to $36.3 million as of March 31, 2025, partly due to the payout of 2024 bonuses.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SAMG.OQ - Silvercrest Asset Management Group Inc
Q1 2025 Silvercrest Asset Management Group Inc Earnings Call
May 09, 2025 / 12:30PM GMT

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Presentation
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Good morning and welcome to the Silvercrest Asset Management Group Inc.

1 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded.

Before we begin, let me remind you that during today's call, certain statements made regarding our future performance are forward-looking statements. They are based on current expectations and projections which are subject to a number of risks and uncertainties, and many factors could cause actual results to
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