Silvercrest Asset Management Group LLC Annual report pursuant to section 13 and 15(d)

Annual report pursuant to section 13 and 15(d)

Acquisitions (Tables)

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

MW Commodity Advisors, LLC

Units issued	$	132
Call rights option issued		15
Total purchase consideration	$	147

Summary of Final Amounts Allocated to Acquired Assets and Assumed Liabilities

The following table summarizes the final amounts allocated to the acquired assets and assumed liabilities. The excess of the purchase price over the fair values of assets acquired and liabilities assumed was allocated to goodwill and intangible assets.

Receivables	$	7
Liabilities		(7	)
Total fair value of net tangible assets acquired		—
Goodwill		147
Total purchase consideration	$	147

Ten-Sixty

Summary of Purchase Consideration

Cash paid on date of acquisition	$	2,500
Note payable due to Ten-Sixty		1,592
Total purchase consideration	$	4,092

Summary of Final Amounts Allocated to Acquired Assets and Assumed Liabilities

The following table summarizes the allocation of the excess of the purchase price over the fair value of assets acquired and liabilities assumed which was allocated to goodwill and intangible assets.

Goodwill	$	2,345
Customer relationships (10 years)		1,650
Non-compete agreements (5 years)		97
Total purchase consideration	$	4,092

Summary of Pro Forma Information

The pro forma information below represents consolidated results of operations as if the acquisition of Commodity Advisors occurred on January 1, 2012 and the acquisition of Ten-Sixty occurred on January 1, 2013 and January 1, 2012. The pro forma information has been included for comparative purposes and is not indicative of results of operations of the Company had the acquisitions occurred as of January 1, 2013 and 2012, nor is it necessarily indicative of future results.

	Pro Forma Year Ended December 31, 2013		Pro Forma Year Ended December 31, 2012
Total Revenue	$	60,279	$	52,390
Net Income	$	17,220	$	19,846