Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Financial Condition (Unaudited)

v3.25.3
Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 36,128 $ 68,611
Investments 153 1,354
Receivables, net 13,205 12,225
Furniture, equipment and leasehold improvements, net 7,633 7,387
Goodwill 63,675 63,675
Operating lease assets 15,044 16,032
Finance lease assets 167 254
Intangible assets, net 14,999 16,644
Deferred tax asset 2,076 4,220
Prepaid expenses and other assets 3,991 3,085
Total assets 157,557 194,432
Liabilities and Equity    
Accounts payable and accrued expenses 3,116 1,953
Accrued compensation 29,293 39,865
Operating lease liabilities 20,867 22,270
Finance lease liabilities 175 262
Deferred tax and other liabilities 10,603 10,389
Total liabilities 64,054 74,739
Commitments and Contingencies (Note 9)
Equity    
Preferred Stock, par value $0.01, 10,000,000 shares authorized; none issued and outstanding 0 0
Additional Paid-In Capital 58,685 56,369
Treasury stock, at cost, 2,578,012 and 1,074,279 shares as of September 30, 2025 and December 31, 2024, respectively (43,426) (19,728)
Accumulated other comprehensive income (loss) (54) (43)
Retained earnings 43,532 43,953
Total Silvercrest Asset Management Group Inc.’s equity 58,885 80,697
Non-controlling interests 34,618 38,996
Total equity 93,503 119,693
Total liabilities and equity 157,557 194,432
Silvercrest Funds    
Assets    
Due from Silvercrest Funds $ 486 $ 945
Other Receivable, after Allowance for Credit Loss, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Class A Common Stock    
Equity    
Common stock, value $ 108 $ 104
Class B Common Stock    
Equity    
Common stock, value $ 40 $ 42