secwatch.observer — SEC 8-K summary
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Issuer:     Silvercrest Asset Management Group Inc. (SAMG)
CIK:        0001549966
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000950170-22-021897
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silvercrest Q3 2022 revenue falls 13% to $29M; AUM drops to $27.4B
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- Revenue $29.0M (down 13.2% YoY from $33.5M); GAAP net income $5.6M.
- GAAP EPS $0.35 per basic/diluted share; adjusted EPS $0.35 basic / $0.34 diluted.
- Discretionary AUM $19.4B, down 13.8% YoY; total AUM $27.4B, down 11.6% YoY.
- Declared quarterly dividend $0.18/share payable Dec 16, 2022; repurchased 286k shares for $5.2M in Q3.
- Adjusted EBITDA $8.2M (28.1% margin) vs $10.3M (30.9%) prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1549966/000095017022021897/0000950170-22-021897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1549966/000095017022021897/samg-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021897

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