November 6, 2012

VIA-EDGAR

Pamela Long

Assistant Director

Division of Corporation Finance

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Dear Ms. Long,

This letter sets forth the response of Silvercrest Asset Management Group Inc. (the “Company”) to the comment letter, dated November 5, 2012, of the staff of the Division of Corporation Finance (the “Staff”) to Amendment No. 3 to the registration statement on Form S-1 (File No. 333-183963). In order to ease your review, we have repeated each comment in its entirety in the original numbered sequences. This letter is being filed with Amendment No. 4 to the Registration Statement on Form S-1 (the “Registration Statement”) on EDGAR. Please note that all page number references correspond to the clean version of the Registration Statement.

Our Structure and Reorganization, page 6

Response: In response to the Staff’s comment, the Company has revised the disclosure on page 7 and 46 of the Registration Statement.

Unaudited Pro Forma Consolidated Financial Information, page 66

Unaudited Pro Forma Consolidated Statement of Operations for the Year December 31, 2011, page 67

Response: The rate benefit from the flow-through entity (the “FTE”), Silvercrest L.P., is directly related to the post-offering corporate structure. Historically, as an FTE, Silvercrest L.P. has not been subject to U.S. federal and certain state income taxes, however it has been subject to the New York City Unincorporated Business Tax. As a result of the reorganization only the income attributable to the economic interests of the Class A units held by the Company, will be subject to taxes applicable to C-Corporations at the consolidated Silvercrest Asset Management Group Inc. level. The rate benefit from the FTE reflected in Note 3(D) primarily represents the portion of the tax effected (at statutory rates) consolidated pro forma income before tax attributable to the Class B units and Deferred Equity Units of Silvercrest L.P. and to a lesser extent the benefit of the amortization of the step-up in basis resulting from entering into the Tax Receivable Agreement. The federal and state income taxes on the earnings attributable to the Class B units and Deferred Equity Units would be payable directly by the principals of Silvercrest L.P. who hold such units. The Company believes that its presentation is consistent with the guidance of Rule 11-02(b)(6) of Regulation S-X as the pro forma tax provisions give effect to events that are (i) directly attributable to the transaction, (ii) expected to have a continuing impact on the registrant, and (iii) factually supportable and Instruction 7 to Rule 11-02(b).

Response: In response to the Staff’s comment, the Company has revised the net income line item on pages 67 and 74 to clarify that net income excludes non-recurring items.

Response: In response to the Staff’s first two comments regarding the reconciliation of the deferred equity unit amounts, the Company has revised the disclosure on pages 68 and 77 of the Registration Statement. In response to the third comment from the Staff, the Company has revised the disclosure on pages 68-69 and 77 of the Registration Statement.

Unaudited Pro Forma Consolidated Statement of Financial Condition, page 73

Response: In response to the Staff’s comment, the Company has revised the disclosure on pages 59 and 73 of the Registration Statement.

Thank you for your prompt attention to the Company’s responses to the comments. Should you have any questions or comments with respect to this submission, please call me at (212) 649-0623 or Christina E. Melendi at (212) 705-7814.