Silvercrest Asset Management (SAMG) Tops Q2 EPS by 1c

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Silvercrest Asset Management Group Inc. Reports Q2 2015 Results

August 6, 2015 4:02 PM EDT

NEW YORK, Aug. 6, 2015 /PRNewswire/ -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the "Company" or "Silvercrest") today reported the results of its operations for the quarter ended June 30, 2015.

Business Update

Silvercrest substantially and organically grew net new assets for the second quarter ended June 30, 2015, including nearly $0.5 million in new client accounts, along with increased revenue, earnings and maintained margins. The second quarter represented the eighth straight quarter of positive organic growth for Silvercrest, generated by both new ultra-high net worth and institutional business, including new institutional sub-advisory... More