Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Financial Condition

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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 69,283 $ 53,822
Investments 1,493 626
Receivables, net 8,022 9,436
Due from Silvercrest Funds 1,233 1,094
Furniture, equipment and leasehold improvements, net 3,436 2,453
Goodwill 25,168 25,168
Intangible assets, net 9,893 11,578
Deferred tax asset—tax receivable agreement 12,206 11,838
Prepaid expenses and other assets 2,629 1,345
Total assets 133,363 117,360
Liabilities and Equity    
Accounts payable and accrued expenses 2,947 3,506
Accrued compensation 31,470 28,274
Notes payable   740
Deferred rent 7,225 3,473
Deferred tax and other liabilities 9,322 9,248
Total liabilities 50,964 45,241
Commitments and Contingencies (Note 10)
Equity    
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding
Additional Paid-In Capital 43,584 41,606
Retained earnings 12,330 7,359
Total Silvercrest Asset Management Group Inc.’s equity 56,047 49,095
Non-controlling interests 26,352 23,024
Total equity 82,399 72,119
Total liabilities and equity 133,363 117,360
Class A Common Stock    
Equity    
Common stock, value 85 81
Total equity 85 81
Class B Common Stock    
Equity    
Common stock, value 48 49
Total equity $ 48 $ 49