Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.25.3
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Treasury Stock
Treasury Stock
Class A Common Stock
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Total Silvercrest Asset Management Group Inc.'s Equity
Total Silvercrest Asset Management Group Inc.'s Equity
Class A Common Stock
Non-controlling Interest
Balance at Dec. 31, 2023 $ 121,810     $ 103 $ 43 $ 55,809 $ (15,057)   $ (12) $ 41,851 $ 82,737   $ 39,073
Balance, Shares at Dec. 31, 2023       9,479,000 4,431,000                
Balance, Shares at Dec. 31, 2023             808,000            
Distributions to partners (3,304)                       (3,304)
Repayment of notes receivable from partners 94                       94
Equity-based compensation 354                       354
Net Income 4,915                 3,000 3,000   1,915
Deferred tax, net of amounts payable under tax receivable agreement (1)         (1)         (1)    
Share conversion           27         27   (27)
Share conversion, Shares       3,000 (3,000)                
Dividends paid on Class A common stock (1,808)                 (1,808) (1,808)    
Cumulative translation adjustment (10)               (10)   (10)    
Balance at Mar. 31, 2024 122,050     $ 103 $ 43 55,835 $ (15,057)   (22) 43,043 83,945   38,105
Balance, Shares at Mar. 31, 2024       9,482,000 4,428,000                
Balance, Shares at Mar. 31, 2024             808,000            
Balance at Dec. 31, 2023 121,810     $ 103 $ 43 55,809 $ (15,057)   (12) 41,851 82,737   39,073
Balance, Shares at Dec. 31, 2023       9,479,000 4,431,000                
Balance, Shares at Dec. 31, 2023             808,000            
Issuance of notes receivable to partners 0                        
Net Income 13,025                        
Balance at Sep. 30, 2024 122,878     $ 104 $ 43 56,643 $ (16,421)   (19) 44,227 84,577   38,301
Balance, Shares at Sep. 30, 2024       9,503,000 4,406,000                
Balance, Shares at Sep. 30, 2024             891,000            
Balance at Dec. 31, 2023 121,810     $ 103 $ 43 55,809 $ (15,057)   (12) 41,851 82,737   39,073
Balance, Shares at Dec. 31, 2023       9,479,000 4,431,000                
Balance, Shares at Dec. 31, 2023             808,000            
Balance at Dec. 31, 2024 $ 119,693     $ 104 $ 42 56,369 $ (19,728)   (43) 43,953 80,697   38,996
Balance, Shares at Dec. 31, 2024   9,376,280 4,373,315 9,376,000 4,373,000                
Balance, Shares at Dec. 31, 2024 1,074,279           1,074,000            
Balance at Mar. 31, 2024 $ 122,050     $ 103 $ 43 55,835 $ (15,057)   (22) 43,043 83,945   38,105
Balance, Shares at Mar. 31, 2024       9,482,000 4,428,000                
Balance, Shares at Mar. 31, 2024             808,000            
Distributions to partners (1,612)                       (1,612)
Issuance of Class B shares, Shares         2,000                
Issuance of Class B shares, Value 25                       25
Equity-based compensation 485         54         54   431
Equity-based compensation, Shares       11,000 67,000                
Net Income 4,380                 2,665 2,665   1,715
Deferred tax, net of amounts payable under tax receivable agreement 4         4         4    
Accrued interest on notes receivable from partners (1)                       (1)
Share conversion           482         482   (482)
Share conversion, Shares       54,000 (54,000)                
Dividends paid on Class A common stock (1,820)                 (1,820) (1,820)    
Cumulative translation adjustment (6)               (6)   (6)    
Balance at Jun. 30, 2024 123,505     $ 103 $ 43 56,375 $ (15,057)   (28) 43,888 85,324   38,181
Balance, Shares at Jun. 30, 2024       9,547,000 4,443,000                
Balance, Shares at Jun. 30, 2024             808,000            
Distributions to partners (1,479)                       (1,479)
Equity-based compensation 537     $ 1   82         83   454
Equity-based compensation, Shares       2,000                  
Net Income 3,730                 2,252 2,252   1,478
Deferred tax, net of amounts payable under tax receivable agreement (147)         (147)         (147)    
Share conversion           333         333   (333)
Share conversion, Shares       37,000 (37,000)                
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc., Shares       (83,000)     83,000            
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc (1,364)           $ (1,364)       (1,364)    
Dividends paid on Class A common stock (1,913)                 (1,913) (1,913)    
Cumulative translation adjustment 9               9   9    
Balance at Sep. 30, 2024 122,878     $ 104 $ 43 56,643 $ (16,421)   (19) 44,227 84,577   38,301
Balance, Shares at Sep. 30, 2024       9,503,000 4,406,000                
Balance, Shares at Sep. 30, 2024             891,000            
Balance at Dec. 31, 2024 $ 119,693     $ 104 $ 42 56,369 $ (19,728)   (43) 43,953 80,697   38,996
Balance, Shares at Dec. 31, 2024   9,376,280 4,373,315 9,376,000 4,373,000                
Balance, Shares at Dec. 31, 2024 1,074,279           1,074,000            
Distributions to partners $ (1,507)                       (1,507)
Issuance of Class B shares, Shares         23,000                
Issuance of Class B shares, Value 410                       410
Issuance of notes receivable to partners (410)                       (410)
Repayment of notes receivable from partners 76                       76
Equity-based compensation 454                       454
Net Income 3,928                 2,469 2,469   1,459
Deferred tax, net of amounts payable under tax receivable agreement (125)         (125)         (125)    
Accrued interest on notes receivable from partners (4)                       (4)
Share conversion       $ 3 $ (3) 2,824         2,824   (2,824)
Share conversion, Shares       315,000 (315,000)                
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc., Shares       (217,000)       217,000          
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc (3,906)             $ (3,906)       $ (3,906)  
Dividends paid on Class A common stock (1,911)                 (1,911) (1,911)    
Cumulative translation adjustment (6)               (6)   (6)    
Balance at Mar. 31, 2025 116,692     $ 107 $ 39 59,068 $ (23,634)   (49) 44,511 80,042   36,650
Balance, Shares at Mar. 31, 2025       9,474,000 4,081,000                
Balance, Shares at Mar. 31, 2025             1,291,000            
Balance at Dec. 31, 2024 $ 119,693     $ 104 $ 42 56,369 $ (19,728)   (43) 43,953 80,697   38,996
Balance, Shares at Dec. 31, 2024   9,376,280 4,373,315 9,376,000 4,373,000                
Balance, Shares at Dec. 31, 2024 1,074,279           1,074,000            
Issuance of Class B shares, Shares     29,927                    
Issuance of notes receivable to partners $ (485)                        
Net Income 8,166                        
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc., Shares   (1,503,733)                      
Balance at Sep. 30, 2025 $ 93,503     $ 108 $ 40 58,685 $ (43,426)   (54) 43,532 58,885   34,618
Balance, Shares at Sep. 30, 2025   8,240,149 4,117,303 8,240,000 4,117,000                
Balance, Shares at Sep. 30, 2025 2,578,012           2,578,000            
Balance at Mar. 31, 2025 $ 116,692     $ 107 $ 39 59,068 $ (23,634)   (49) 44,511 80,042   36,650
Balance, Shares at Mar. 31, 2025       9,474,000 4,081,000                
Balance, Shares at Mar. 31, 2025             1,291,000            
Distributions to partners (2,723)                       (2,723)
Equity-based compensation 401     $ 1 $ 1           2   399
Equity-based compensation, Shares       13,000 68,000                
Net Income 3,149                 1,918 1,918   1,231
Deferred tax, net of amounts payable under tax receivable agreement (567)         (567)         (567)    
Accrued interest on notes receivable from partners (5)                       (5)
Share conversion           203         203   (203)
Share conversion, Shares       23,000 (23,000)                
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc., Shares       (1,009,000)       1,009,000          
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc (15,232)             $ (15,232)     (15,232)    
Dividends paid on Class A common stock (1,769)                 (1,769) (1,769)    
Cumulative translation adjustment 8               8   8    
Balance at Jun. 30, 2025 99,955     $ 108 $ 40 58,704 $ (38,866)   (41) 44,660 64,605   35,350
Balance, Shares at Jun. 30, 2025       8,501,000 4,126,000                
Balance, Shares at Jun. 30, 2025             2,300,000            
Distributions to partners (1,452)                       (1,452)
Issuance of Class B shares, Shares         8,000                
Issuance of Class B shares, Value 125                       125
Issuance of notes receivable to partners (75)                       (75)
Equity-based compensation 353                       353
Net Income 1,089                 618 618   471
Deferred tax, net of amounts payable under tax receivable agreement (168)         (168)         (168)    
Accrued interest on notes receivable from partners (5)                       (5)
Share conversion           149         149   (149)
Share conversion, Shares       17,000 (17,000)                
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc., Shares       (278,000)     278,000            
Purchase of shares of Class A common stock of Silvercrest Asset Management Group Inc (4,560)           $ (4,560)       (4,560)    
Dividends paid on Class A common stock (1,746)                 (1,746) (1,746)    
Cumulative translation adjustment (13)               (13)   (13)    
Balance at Sep. 30, 2025 $ 93,503     $ 108 $ 40 $ 58,685 $ (43,426)   $ (54) $ 43,532 $ 58,885   $ 34,618
Balance, Shares at Sep. 30, 2025   8,240,149 4,117,303 8,240,000 4,117,000                
Balance, Shares at Sep. 30, 2025 2,578,012           2,578,000