UPDATE: Silvercrest Asset Management Group (SAMG) Files $60M IPO

(Updated - September 19, 2012 6:39 AM EDT)

Silvercrest Asset Management Group Inc. (Nasdaq: SAMG) filed a rgistration with the U.S. SEC for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $60 million. Silvercrest Asset Management filed to list on the Nasdaq Global Market under the ticker, "SAMG."

The offering is being made through Raymond James and Sandler O'Neill + Partners.

Silvercrest Asset Management is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors.

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