---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017854"
form_type: "8-K"
ticker: "SAMG"
cik: "0001549966"
company_name: "Silvercrest Asset Management Group Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:50:34.837294+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Silvercrest Q1 2023: revenue $29.4M (-12.2% YoY), adjusted EPS $0.35, AUM $29.9B (-4.2%)

## Summary
- Revenue $29.4M (-12.2% YoY); GAAP diluted EPS $0.33 vs $0.77; adjusted diluted EPS $0.35 vs $0.45.
- Adjusted EBITDA $8.2M (27.8% margin) vs $10.3M (30.6%) a year ago.
- Total AUM $29.9B, down 4.2% YoY; discretionary AUM $21.3B, down 10.5% YoY on net outflows and market depreciation.
- Declared quarterly dividend $0.18/share, payable June 16, 2023.
- Repurchased ~96k shares for $1.6M in Q1; OCIO AUM grew to $1.52B.

## SEC filing metadata
- accession: 0000950170-23-017854
- form_type: 8-K
- ticker: SAMG
- cik: 0001549966
- company_name: Silvercrest Asset Management Group Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1549966/000095017023017854/0000950170-23-017854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1549966/000095017023017854/samg-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017854
- JSON: https://secwatch.observer/filing/0000950170-23-017854.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017854.txt

## Key facts
- Earnings Releases
  Silvercrest Asset Management Group Inc. reported the three months ended March 31, 2023 results: revenue $29.4 million, net income $3.2 million, EPS $0.33.
  - Period: the three months ended March 31, 2023
  - Revenue: $29.4 million
  - Net income: $3.2 million
  - EPS: $0.33
  - Result: reported results
  source text: Quarter 2023 Highlights • Total AUM of $29.9 billion, inclusive of discretionary AUM of $21.3 billion and non-discretionary AUM of $8.6 billion at March 31, 2023. • Revenue of $29.4 million. • U.S. Generally Accepted Accounting Principles (“GAAP”) consolidated net income and net income attributable to Silvercrest of $5.3 million and $3.2 million, respectively. •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1549966/000095017023017854/0000950170-23-017854-index.htm

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