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Silvercrest Asset Management (SAMG) Reports Q3 EPS of $0.19

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Silvercrest Asset Management Group Inc. Reports Q3 2016 Results

November 3, 2016 4:32 PM EDT

NEW YORK, Nov. 3, 2016 /PRNewswire/ -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the "Company" or "Silvercrest") today reported the results of its operations for the quarter ended September 30, 2016.

Business Update

Silvercrest Asset Management continued strong organic growth in both its core family wealth business and institutional business during the third quarter ended September 30, 2016. Silvercrest added $216 million in newly committed client accounts and assets, one of the best quarters for organic business development since the first quarter of 2014. New business was generated equally by both the ultra-high net worth and... More