Silvercrest (SAMG) Balances Record Asset Growth with Ongoing Investment Spending

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) is included among the Dividend Champions, Contenders, and Challengers List: 15 Highest Yielding Stocks.

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During its latest net call, Richard Hough, CEO, President, and Chairman of Silvercrest Asset Management Group Inc. (NASDAQ:SAMG), said discretionary assets nether absorption roseate by $687 cardinal successful the 3rd quarter. He attributed astir of that summation to favorable equity marketplace conditions. Hough besides pointed to dependable integrated growth, noting that caller lawsuit accounts added $46.4 cardinal during the 4th and $564 cardinal twelvemonth to day done the 3rd quarter. By the extremity of the period, discretionary AUM reached $24.3 billion, reflecting a 3% summation from the anterior 4th and an 8% summation from a twelvemonth earlier. He added that full firm-wide AUM climbed to a grounds $37.6 billion.

Hough said the steadfast has been making meaningful strategical investments aimed astatine supporting semipermanent growth. Those efforts person centered connected expanding intelligence superior and headcount, which helium acknowledged has weighed connected net and adjusted EBITDA successful the adjacent term.

He besides provided an update connected superior returns, saying the institution continues to execute connected its $25 cardinal stock repurchase program. As of the extremity of the 3rd 4th of 2025, astir $16 cardinal of banal had already been bought back. In addition, Hough noted that Silvercrest plans to wage a $0.21 per-share dividend successful December and expects to administer equity-based incentives to its professionals successful the adjacent future.

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) is simply a full-service wealthiness absorption steadfast operating wrong the concern absorption space. The institution specializes successful delivering fiscal advisory and household bureau services, chiefly serving ultra-high-net-worth individuals on with organization clients.

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