Silvercrest Asset Management (SAMG) Misses Q4 EPS by 1c
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Silvercrest Asset Management Group Inc. Reports Q4 and Year-end 2015 Results
March 10, 2016 4:01 PM ESTNEW YORK, March 10, 2016 /PRNewswire/ --Â Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the "Company" or "Silvercrest") today reported the results of its operations for the quarter and year ended December 31, 2015.
Business Update
During the fourth quarter of 2015, Silvercrest benefitted from improved market conditions and asset values, increased top-line revenue, a growing pipeline of new business opportunities and continued outperformance of its proprietary value equity capabilities. The firm increased discretionary assets under management by nearly $0.3 billion, ending the fourth quarter with $12.1 billion, up from $11.8 billion as of September 30, 2015. For the... More
