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

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2013

The following is a summary of intangible assets as of December 31, 2013 and December 31, 2012:

	Customer Relationships			Other Intangible Assets			Total
Cost
Balance, January 1, 2013	$	15,910		$	1,566		$	17,476
Acquisition of certain assets of Ten-Sixty		1,650			97			1,747
Balance, December 31, 2013		17,560			1,663			19,223
Useful lives		10-20 years			3-5 years
Accumulated amortization
Balance, January 1, 2013		(4,238	)		(875	)		(5,113	)
Amortization expense		(1,172	)		(349	)		(1,521	)
Balance, December 31, 2013		(5,410	)		(1,224	)		(6,634	)
Net book value	$	12,150		$	439		$	12,589
Cost
Balance, January 1, 2012	$	15,910		$	1,566		$	17,476
Balance, December 31, 2012		15,910			1,566			17,476
Useful lives		10-20 years			3-5 years
Accumulated amortization
Balance, January 1, 2012		(3,144	)		(522	)		(3,666	)
Amortization expense		(1,094	)		(353	)		(1,447	)
Balance, December 31, 2012		(4,238	)		(875	)		(5,113	)
Net book value	$	11,672		$	691		$	12,363

Amortization related to the Company’s finite life intangible assets is scheduled to be expensed over the next five years and thereafter as follows: