Silvercrest Asset Management Group Business Summary

Silvercrest Asset Management Group Inc. (SAMG) is a boutique wealth management firm that generates revenue primarily through recurring advisory and management fees on discretionary and non-discretionary assets under management (AUM), supplemented by performance fees and family office retainers. The firm’s business model is segmented into Discretionary Portfolio Management, which accounts for the vast majority of top-line revenue, Multi-Family Office Services, Institutional Asset Management, and Open-Architecture Sourcing for alternative investments. As of February 2026, Silvercrest oversees approximately $37.6 billion in total AUM, maintaining a specialized niche serving ultra-high-net-worth (UHNW) families and select institutional clients. It competes directly with large-scale independent RIAs and multi-family offices such as Creative Planning, Brown Advisory, and AlTi Global, as well as the private banking arms of global giants like Morgan Stanley and UBS, positioning itself as a high-touch, independent alternative to institutional wirehouses. Established in 2002 by industry veterans G. Moffett Cochran and Martin Jaffe, both formerly of Credit Suisse Asset Management, Silvercrest is currently led by Chairman, CEO, and President Richard R. Hough III, who has been with the firm since 2003. The senior leadership team includes Chief Financial Officer Scott A. Gerard, Chief Technology Officer Rohan Kalyanpur, and General Counsel David J. Campbell, alongside J. Allen Gray, who serves as Head of Institutional Business and was appointed to the Board of Directors in April 2025. The firm’s governance is supported by a board of directors that includes notable figures such as Richard Burns, former CEO of Institutional Investor, and Darla Romfo, President of the Children's Scholarship Fund. Silvercrest remains a publicly traded entity with significant institutional backing from major investors including Long Path Partners, LP, BlackRock, and Vanguard.