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0 0.0350356294536817 -0.0504750593824228 -0.0504750593824228 -0.0504750593824228 -0.0504750593824228 -0.0504750593824228 -0.0504750593824228
Stock impact report

Silvercrest Asset Management Group Inc. Reports Q3 2024 Results

Silvercrest Asset Management Group Inc. (SAMG) 
Last silvercrest asset management group inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.silvercrestgroup.com
Company Research Source: GlobeNewswire
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter ended September 30, 2024. Business Update Supportive markets and improving economic conditions helped Silvercrest’s assets under management (“AUM”) growth during the third quarter, pointing to improved top-line revenue. The firm also saw improved business development results and will report a robust pipeline of new business opportunities. A persistent trend of the market’s recovery since 2022 has been the narrow leadership of Large Cap Growth equities. We noted during our second quarter earnings call that, despite progress in the market, Large Cap Value and Small Cap stocks, had actually declined during that quarter. We have been pleased to see broader company market participation throughout the third quarter and an increase in equities across the market cap spectrum, which benefits Silvercr Show less Read more
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