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Silvercrest Asset Management Group Inc., a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors. It also manages funds of funds and other investment funds. The company was founded in 2002 and is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $125M | $14M | $5M | $15M | 9.7% | 1.3% | -48.8% |
| 2024 | $124M | $25M | $10M | $20M | 11.8% | 5.3% | 4.8% |
| 2023 | $117M | $24M | $9M | $17M | 11.0% | -4.7% | -51.7% |
| 2022 | $123M | $43M | $19M | $22M | 22.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 123.22 | 117.41 | 123.65 | 125.32 |
| Operating Revenue | - | 123.22 | 117.41 | 123.65 | 125.32 |
| Cost Of Revenue | - | 71.61 | 72.62 | 76.66 | 83.94 |
| Gross Profit | - | 51.61 | 44.79 | 46.99 | 41.37 |
| Operating Expense | - | 13.04 | 25.97 | 29.36 | 32.05 |
| Selling General And Administration | - | 13.04 | 25.97 | 29.36 | 32.05 |
| Total Expenses | - | 84.66 | 98.59 | 106.02 | 115.99 |
| Operating Income | - | 38.56 | 18.82 | 17.63 | 9.32 |
| EBITDA | - | 42.70 | 23.93 | 24.56 | 13.61 |
| Normalized EBITDA | - | 42.73 | 23.86 | 23.41 | 12.74 |
| EBIT | - | 38.82 | 19.91 | 20.42 | 11.19 |
| Interest Income | - | 0.02 | 0.95 | 1.43 | 0.78 |
| Interest Expense | - | 0.42 | 0.42 | 0.14 | 0.14 |
| Net Interest Income | - | -0.39 | 0.52 | 1.29 | 0.63 |
| Other Non Operating Income Expenses | - | 0.26 | 0.08 | 0.20 | 0.22 |
| Other Income Expense | - | 0.23 | 0.15 | 1.36 | 1.09 |
| Interest Income Non Operating | - | 0.02 | 0.95 | 1.43 | 0.78 |
| Interest Expense Non Operating | - | 0.42 | 0.42 | 0.14 | 0.14 |
| Net Non Operating Interest Income Expense | - | -0.39 | 0.52 | 1.29 | 0.63 |
| Pretax Income | - | 38.40 | 19.49 | 20.27 | 11.05 |
| Tax Provision | - | 7.61 | 4.31 | 4.56 | 2.99 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.01 | 0.02 | 0.26 | 0.23 |
| Net Income Continuous Operations | - | 30.79 | 15.18 | 15.71 | 8.06 |
| Net Income From Continuing And Discontinued Operation | - | 18.83 | 9.09 | 9.54 | 4.88 |
| Net Income From Continuing Operation Net Minority Interest | - | 18.83 | 9.09 | 9.54 | 4.88 |
| Net Income | - | 18.83 | 9.09 | 9.54 | 4.88 |
| Net Income Common Stockholders | - | 18.83 | 9.09 | 9.54 | 4.88 |
| Net Income Including Noncontrolling Interests | - | 30.79 | 15.18 | 15.71 | 8.06 |
| Normalized Income | - | 18.85 | 9.04 | 8.64 | 4.25 |
| Diluted NI Availto Com Stockholders | - | 18.83 | 9.09 | 9.54 | 4.88 |
| Basic Average Shares | - | 9.79 | 9.43 | 9.50 | 8.76 |
| Diluted Average Shares | - | 9.82 | 9.46 | 9.53 | 8.79 |
| Reconciled Depreciation | - | 3.88 | 4.01 | 4.15 | 2.42 |
| Reconciled Cost Of Revenue | - | 71.61 | 72.62 | 76.66 | 83.94 |
| Total Unusual Items | - | -0.03 | 0.07 | 1.15 | 0.87 |
| Total Unusual Items Excluding Goodwill | - | -0.03 | 0.07 | 1.15 | 0.87 |
| Minority Interests | - | -11.96 | -6.09 | -6.17 | -3.17 |
| Gain On Sale Of Security | - | -0.03 | 0.07 | 1.15 | 0.87 |
| General And Administrative Expense | - | 13.04 | 25.97 | 29.36 | 32.05 |
| Other Gand A | - | 13.04 | 25.97 | 29.36 | 32.05 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Silvercrest Asset Management Group Inc.this co. | SAMG | $86M | 17.60↑ premium | 1.71 | 9.7% | 4.83 |
| Patriot National Bancorp, Inc. | PNBK | $125M | -9.81 | 1.32 | -13.4% | - |
| Riverview Bancorp, Inc. | RVSB | $115M | 23.53 | 0.72 | 3.1% | - |
| Union Bankshares, Inc. | UNB | $106M | 9.60 | 1.32 | 13.7% | - |
| Sound Financial Bancorp, Inc. |
| 2021 | - | - | - | - | - | - | - |
| SFBC |
| $100M |
| 13.92 |
| 0.91 |
| 6.5% |
| - |
| Kestrel Group Ltd | KG | $88M | 1.88 | 0.69 | 36.4% | 796.59 |
| Siebert Financial Corp. | SIEB | $81M | 15.75 | 0.90 | 5.7% | 8.30 |
| Vroom, Inc. | VRM | $53M | -1.00 | 0.45 | -45.5% | 279.15 |
| eHealth, Inc. | EHTH | $50M | 1.25 | 0.08 | 6.8% | 1.33 |
| Peer Median | - | 5.74 | 0.81 | 6.1% | 143.73 | |