Exhibit 99.1

SILVERCREST ASSET MANAGEMENT GROUP INC. REPORTS Q2 2013 RESULTS

New York, NY – August 13, 2013 – Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of Silvercrest L.P., of which the Company is general partner, for the quarter ended June 30, 2013.

BUSINESS UPDATE

We are very pleased to be reporting our first quarterly earnings as a public company. It was a good quarter for Silvercrest. Substantial year-over-year increases were recorded in Assets Under Management (“AUM”), revenue, EBITDA and net income compared to the same periods in 2012. In particular, we are pleased to see our EBITDA margin above 30% for the quarter and for the six months ending June 30, 2013.

SECOND QUARTER 2013 HIGHLIGHTS

The table below presents a comparison of certain GAAP and non-GAAP (“adjusted”) financial measures and AUM.

SILVERCREST ASSET MANAGEMENT GROUP LLC

1330 AVENUE OF THE AMERICAS, NEW YORK, NEW YORK 10019  •  (212) 649-0600

WWW.SILVERCRESTGROUP.COM

AUM INCREASED TO $13.9 BILLION

Silvercrest’s AUM increased by $0.3 billion, or 2.2%, to $13.9 billion at June 30, 2013 from $13.6 billion at March 31, 2013. The increase was attributable to $0.4 billion in market appreciation, partially offset by net client outflows of $0.1 billion, primarily due to tax payments.

Silvercrest’s AUM increased by $3.2 billion, or 29.9%, to $13.9 billion at June 30, 2013 from $10.7 billion at June 30, 2012. The increase was attributable to $1.9 billion of net client inflows, related primarily to the Ten-Sixty Asset Management, LLC (“Ten-Sixty”) acquisition, and $1.3 billion in market appreciation.

SECOND QUARTER 2013 VS. SECOND QUARTER 2012

Revenue increased by $1.6 million, or 12.1%, to $14.5 million for the three months ended June 30, 2013, from $12.9 million for the three months ended June 30, 2012. This increase was driven primarily by growth in the Company’s management and advisory fees as a result of increased AUM.

Total expenses increased by $1.2 million, or 15.7%, to $8.7 million for the three months ended June 30, 2013 from $7.5 million for the three months ended June 30, 2012. This increase was primarily attributable to increases in compensation and benefits expense and general and administrative expenses of $1.1 million and $0.1 million, respectively. The increase in compensation and benefits expense was primarily attributable to special non-principal bonuses of $0.8 million that were paid in July 2012 upon consummation of Silvercrest’s initial public offering, and an increase in salaries and benefits expense of $0.2 million and $0.1 million, respectively, as a result of both merit increases and increased headcount. The increase in general and administrative expenses was primarily due to an increase in occupancy expense of $0.7 million because in 2012, after reoccupying space at the Company’s headquarters, it reversed a lease abandonment liability that was originally recorded in 2009. This had the effect of reducing occupancy expense in 2012. The occupancy expense increase in 2013 was partially offset by a reduction in professional fees of $0.5 million as a result of incurring fees for services rendered in the prior year in connection with a planned initial public offering that was withdrawn in November 2012.

The results for the three months ended June 30, 2013 are those of the Company’s accounting predecessor, Silvercrest L.P., and as a result, do not take into consideration changes related to the Company’s initial public offering³. Net income was $5.5 million, or $0.32 and $0.31 per basic and diluted unit, on a pro forma basis, respectively, for the three months ended June 30, 2013. The Company’s Adjusted Net Income¹ was $2.1 million, or $0.18 per adjusted basic and diluted share⁴ for the three months ended June 30, 2013.

Adjusted EBITDA¹ was $4.4 million or 30.4% of revenue for the three months ended June 30, 2013 as compared to $3.3 million or 25.8% of revenue for the same period in the prior year.

SIX MONTHS ENDED JUNE 30, 2013 VS. SIX MONTHS ENDED JUNE 30, 2012

Revenue increased by $3.4 million, or 13.6%, to $28.2 million for the six months ended June 30, 2013, from $24.8 million for the six months ended June 30, 2012. This increase was driven primarily by growth in the Company’s management and advisory fees as a result of increased AUM.

Total expenses increased by $1.8 million, or 11.8%, to $16.6 million for the six months ended June 30, 2013 from $14.8 million for the six months ended June 30, 2012. This increase was primarily attributable to increases in compensation and benefits expense and general and administrative expenses of $1.5 million and $0.3 million, respectively. The increase in compensation and benefits expense was primarily attributable to special non-principal bonuses of $0.8 million that were paid in July 2012 upon completion of Silvercrest’s initial public offering, an increase in salaries and benefits expense of $0.3 million and $0.1 million, respectively, as a result of both merit increases and increased headcount, and increased equity-based compensation expense of $0.3 million, primarily due to an increase in the fair value of the Company’s previously issued deferred equity units. The increase in general and administrative expenses was primarily due to an increase in occupancy expense of $0.7 million because in 2012, after reoccupying space at the Company’s headquarters, it reversed a lease abandonment liability that was originally recorded in 2009. This had the effect of reducing occupancy expense in 2012. The occupancy expense increase was partially offset by a reduction in professional fees of $0.4 million as a result of incurring fees

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for services rendered in the prior year in connection with a planned initial public offering that was withdrawn in 2012. Furthermore, the Company’s sub-advisory fees decreased by $0.1 million as a result of the Ten-Sixty acquisition.

The results for the six months ended June 30, 2013 are those of the Company’s accounting predecessor, Silvercrest L.P., and as a result, do not take into consideration changes related to the Company’s initial public offering³. Net income was $10.9 million, or $0.65 and $0.64 per basic and diluted unit, on a pro forma basis, respectively, for the six months ended June 30, 2013.

Silvercrest’s Adjusted Net Income¹ was $3.9 million, or $0.35 and $0.33 per adjusted basic and diluted share⁴, respectively, for the six months ended June 30, 2013.

Adjusted EBITDA¹ was $8.5 million or 30.3% of revenue for the six months ended June 30, 2013 as compared to $6.8 million or 27.3% of revenue for the same period in the prior year.

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LIQUIDITY AND CAPITAL RESOURCES

Cash and cash equivalents were $12.7 million at June 30, 2013, compared to $13.4 million at December 31, 2012. Silvercrest L.P. had notes payable of $9.6 million at June 30, 2013 and $3.3 million at December 31, 2012. In June 2013, Silvercrest L.P. entered into a $15.0 million credit facility with City National Bank and drew $7.0 million from its revolving credit facility to partially fund a $10.0 million distribution that was paid out in July 2013 to the existing limited partners of Silvercrest L.P. prior to the closing of Silvercrest’s initial public offering (as explained below). In July 2013, Silvercrest completed its initial public offering of 4,790,684 of its Class A common shares at $11.00 per share (the “IPO”). Silvercrest’s stock began trading on June 27, 2013 on NASDAQ under the symbol “SAMG”. The net proceeds from the IPO, which were received on July 2, 2013, were $48.2 million. In connection with the IPO, the Company used a portion of the net proceeds to purchase 3,540,684 Class B units from partners of Silvercrest L.P. for $35.4 million. The amounts due to Silvercrest L.P. partners were paid out on July 2, 2013.

As a result of the Company’s IPO-related reorganization, total stockholders’ equity was $26.1 million at June 30, 2013. The Company had 4,790,694 million shares of Class A common stock outstanding and 6,459,316 million shares of Class B common stock outstanding at June 30, 2013.

NON-GAAP FINANCIAL MEASURES

To provide investors with additional insight, promote transparency and allow for a more comprehensive understanding of the information used by management in its financial and operational decision-making, the Company supplements its consolidated financial statements presented on a basis consistent with GAAP with Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Income, and Adjusted Earnings Per Share which are non-GAAP financial measures of earnings. These adjustments, and the non-GAAP financial measures that are derived from them, provide supplemental information to analyze the Company’s operations between periods and over time. Investors should consider the Company’s non-GAAP financial measures in addition to, and not as a substitute for, financial measures prepared in accordance with GAAP.

CONFERENCE CALL

The Company will host a conference call on August 14, 2013, at 8:30am (Eastern Time) to discuss these results. Hosting the call will be G. Moffett Cochran, Chief Executive Officer, Richard R. Hough III, President and Chief Operating Officer and Scott A. Gerard, Chief Financial Officer. Listeners may access the call by dialing 1-877-331-7677 and providing the operator with the reference “Silvercrest Investor Call”. An archived replay of the call will be available after the completion of the live call on the Investor Relations page of the Silvercrest website at http://ir.silvercrestgroup.com/.

FORWARD-LOOKING STATEMENTS AND OTHER DISCLOSURES

Certain statements in this release, and other written or oral statements made by or on behalf of the Company, are “forward-looking statements” within the meaning of the federal securities laws. Statements regarding future events and developments and Silvercrest’s future performance, as well as management’s current expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements are only predictions based on current expectations and projections about future events. These forward-looking statements are subject to a number of risks and uncertainties, and there are important factors that could cause actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Among the important factors that could cause actual results, level of activity, performance or achievements to differ materially from those indicated by such forward-looking statements are: fluctuations in quarterly and annual results, incurrence of net losses, adverse effects of management focusing on implementation of a growth strategy, failure to develop and maintain the Silvercrest brand and other factors disclosed in the Company’s filings with the Securities and Exchange Commission, including those factors listed under the caption entitled “Risk Factors” in the Company’s prospectus dated June 26, 2013, filed with the Securities and Exchange Commission in accordance with Rule 424(b) and the Securities Act of 1933, as amended. The Company undertakes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Any discrepancies included in this release between totals and the sums of the amounts listed are due to rounding.

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ABOUT SILVERCREST

Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser. With offices in New York, Boston, Charlottesville and Los Angeles, Silvercrest provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors.

Silvercrest Asset Management Group Inc.

Contact: Richard Hough

212-649-0727

rhough@silvercrestgroup.com

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EXHIBIT 1

Silvercrest Asset Management Group Inc.

Condensed Consolidated Statements of Operations

(Unaudited and in thousands)

6

EXHIBIT 2

Silvercrest Asset Management Group Inc.

Reconciliation of GAAP to non-GAAP (“Adjusted”) Adjusted EBITDA Measure

(Unaudited and in thousands, except share and per share amounts or as noted)

7

EXHIBIT 3

Silvercrest Asset Management Group Inc.

Reconciliation of GAAP to non-GAAP (“Adjusted”)

Adjusted Net Income and Adjusted Earnings Per Share Measures

(Unaudited and in thousands, except per share

amounts or as noted)

8

EXHIBIT 4

Silvercrest Asset Management Group Inc.

Condensed Consolidated Statements of Financial Condition

(Unaudited)

(in thousands)

9

EXHIBIT 5

Silvercrest Asset Management Group Inc.

Total Assets Under Management

(Unaudited and

in billions)

10

EXHIBIT 6

Silvercrest Asset Management Group Inc.

Discretionary Assets Under Management

(Unaudited and

in billions)

Discretionary Assets Under Management:

11

EXHIBIT 7

Silvercrest Asset Management Group Inc.

Non-Discretionary Assets Under Management

(Unaudited and

in billions)

Non-Discretionary Assets Under Management:

12

EXHIBIT 8

Silvercrest Asset Management Group Inc.

Equity Investment Strategy Composite Performance^{1, 2}

As of June 30, 2013

(Unaudited)

PROPRIETARY EQUITY PERFORMANCE

AS OF 06/30/13

The Russell 1000 Index is a capitalization-weighted, unmanaged index that measures the 1000 smallest companies in the Russell 3000. The Russell 1000 Value Index is a capitalization-weighted, unmanaged index that includes those Russell 1000 Index companies with lower price-to-book ratios and lower expected growth values.

The Russell 2000 Index is a capitalization-weighted, unmanaged index that measures the 2000 smallest companies in the Russell 3000. The Russell 2000 Value Index is a capitalization-weighted, unmanaged index that includes those Russell 2000 Index companies with lower price-to-book ratios and lower expected growth values.

The Russell 2500 Index is a capitalization-weighted, unmanaged index that measures the 2500 smallest companies in the Russell 3000. The Russell 2500 Value Index is a capitalization-weighted, unmanaged index that includes those Russell 2000 Index companies with lower price-to-book ratios and lower expected growth values.

The Russell 3000 Value Index is a capitalization-weighted, unmanaged index that measures those Russell 3000 Index companies with lower price-to-book ratios and lower forecasted growth.

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EXHIBIT 9

Silvercrest Asset Management Group Inc.

Fixed Income Investment Strategy Composite Performance¹

As of June 30, 2013

(Unaudited)

MODEL PORTFOLIO PERFORMANCE

AS OF 6/30/2013