Silvercrest Asset Management Group Inc

Silvercrest Asset Management Group reported second-quarter 2026 revenue of $30.8 million and consolidated net income of $0.5 million, while discretionary assets under management rose 6.9% sequentially to a record $24.7 billion. Total AUM reached $37.0 billion, and organic new client flows improved to $111 million, though seasonal tax withdrawals and institutional outflows partly offset market appreciation. The company is nearing completion of its European and Australian distribution infrastructure, including an Irish MiFID license, a UCITS vehicle, and an Australian unit trust, with startup-related costs expected to decline as licensing initiatives conclude. Management said its institutional pipeline totals potential opportunities well into the billions of dollars, and it received an AUD 500 million contribution to its Global Value strategy during the week of the call.