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Silvercrest Q1 2025 Earnings Report
Silvercrest Asset Management Group Inc. reported its financial results for the first quarter of 2025, showing an increase in revenue and strong new client organic flows, despite a decline in total AUM due to market volatility.
Key Takeaways
Silvercrest Asset Management Group Inc. reported a revenue of $31.4 million for Q1 2025, an increase from the previous year. The company experienced strong new client organic flows of $0.4 billion, contributing to growth initiatives. However, total AUM declined to $35.3 billion due to market volatility.
Revenue increased by 3.7% to $31.4 million for Q1 2025 compared to Q1 2024.
Strong new client organic flows of $0.4 billion were reported in Q1 2025.
Total Assets Under Management (AUM) decreased to $35.3 billion due to market depreciation, partially offset by client inflows.
Net income attributable to Silvercrest was $2.5 million, with basic and diluted net income per share of $0.26.
Silvercrest
Silvercrest
Silvercrest Revenue by Segment
Revenue by Segment
Management and advisory fees Revenue
CapyFin.comFamily office services Revenue
CapyFin.com Forward Guidance
Silvercrest expects continued market volatility to impact short-term results but sees meaningful opportunities in market and economic dislocations. The company plans to continue strategic investments to promote growth and return capital to shareholders.
Positive Outlook
- Strategic investments continue to promote growth.
- Highly optimistic about securing more significant organic flows over 2025.
- Market and economic dislocations present meaningful opportunities for the business.
- New business pipeline remains robust.
- Strong balance sheet supports ongoing capital returns and growth initiatives.
Challenges Ahead
- Expect continued market volatility to affect short-term results.
- Total AUM declined during the quarter due to highly volatile markets.
- Discretionary AUM decreased by $0.6 billion due to market depreciation.
- Total AUM decreased by $1.2 billion due to market depreciation.
- Compensation and benefits expense increased by 6.9%.