secwatch.observer — SEC 8-K summary
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Issuer:     Silvercrest Asset Management Group Inc. (SAMG)
CIK:        0001549966
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0000950170-24-052095
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silvercrest Q1 2024: Revenue up 2.8% to $30.3M; GAAP EPS $0.32; AUM $34.5B
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- Revenue $30.3M (+2.8% YoY); GAAP net income $4.9M, EPS $0.32; adjusted EPS $0.33.
- Adjusted EBITDA $7.5M (24.6% margin) vs $8.2M (27.8%) YoY; expenses up 7.4% on compensation.
- Total AUM $34.5B (+15.4% YoY); discretionary AUM $22.7B; new business pipeline $2.0B.
- Hired international/global equity team; declared $0.19 quarterly dividend payable June 21.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1549966/000095017024052095/0000950170-24-052095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1549966/000095017024052095/samg-20240502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-052095

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer