---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-005829"
form_type: "8-K"
ticker: "SAMG"
cik: "0001549966"
company_name: "Silvercrest Asset Management Group Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:06:47.073288+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Silvercrest reports Q4 2022 revenue down 15.7% YoY; AUM declines 10.5% for year

## Summary
- Revenue $28.5M in Q4 2022 vs $33.8M in Q4 2021 (-15.7%); full year revenue $123.2M vs $131.6M (-6.4%).
- GAAP net income $3.3M in Q4 ($0.22 per share); adjusted diluted EPS $0.15 in Q4 vs $0.58 in prior year.
- Total AUM $28.9B at Dec 31, 2022, down 10.5% from $32.3B a year ago; discretionary AUM $20.9B, down 16.7%.
- Adjusted EBITDA $4.4M in Q4 (15.6% margin) vs $13.0M (38.5% margin) in Q4 2021; full year $32.0M (26.0% margin).
- Repurchased ~190,000 shares for $3.5M in Q4; OCIO initiative AUM $1.45B.

## SEC filing metadata
- accession: 0000950170-23-005829
- form_type: 8-K
- ticker: SAMG
- cik: 0001549966
- company_name: Silvercrest Asset Management Group Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1549966/000095017023005829/0000950170-23-005829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1549966/000095017023005829/samg-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-005829
- JSON: https://secwatch.observer/filing/0000950170-23-005829.json
- Plain text: https://secwatch.observer/filing/0000950170-23-005829.txt

## Key facts
- Earnings Releases
  Silvercrest Asset Management Group Inc. reported the twelve months ended December 31, 2022 results: revenue $ 123,217, net income $ 30,793, EPS $ 1.92.
  - Period: the twelve months ended December 31, 2022
  - Revenue: $ 123,217
  - Net income: $ 30,793
  - EPS: $ 1.92
  - Result: reported results
  source text: Revenue $ 28,492 $ 33,804 $ 123,217 $ 131,603 Income before other income (expense), net $ 4,121 $ 9,310 $ 38,562 $ 30,521 Net income $ 3,281 $ 8,596 $ 30,793 $ 24,946 Net income margin 11.5 % 25.4 % 25.0 % 19.0 % Net income attributable to Silvercrest $ 2,057 $ 5,083 $ 18,828 $ 14,693 Net income per basic and diluted share $ 0.22 $ 0.53 $ 1.92 $ 1.52
  evidence_url: https://www.sec.gov/Archives/edgar/data/1549966/000095017023005829/0000950170-23-005829-index.htm
- Earnings Releases
  Silvercrest Asset Management Group Inc. reported the three months ended December 31, 2022 results: revenue $28.5 million, net income $3.3 million, EPS $0.22.
  - Period: the three months ended December 31, 2022
  - Revenue: $28.5 million
  - Net income: $3.3 million
  - EPS: $0.22
  - Result: reported results
  source text: Fourth Quarter 2022 Highlights • Total AUM of $28.9 billion, inclusive of discretionary AUM of $20.9 billion and non-discretionary AUM of $8.0 billion at December 31, 2022. • Revenue of $28.5 million. • U.S. Generally Accepted Accounting Principles (“GAAP”) consolidated net income and net income attributable to Silvercrest of $3.3 million and $2.1 million, respectively. • Basic and diluted net income per share of $0.22.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1549966/000095017023005829/0000950170-23-005829-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.