Silvercrest Asset Management (SAMG) Reports Q2 EPS of $0.17

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Silvercrest Asset Management Group Inc. Reports Q2 2016 Results

August 4, 2016 5:29 PM EDT

NEW YORK, Aug. 4, 2016 /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, 2016.

Business Update

Silvercrest experienced meaningful organic growth during the second quarter ended June 30, 2016, with Silvercrest adding $242 million in new client assets and accounts, the firm's best new business development quarter since the first quarter of 2014. New business was generated by both the ultra-high net worth and institutional businesses, including new institutional sub-advisory relationships. We remain proud of Silvercrest's ability to... More