Silvercrest Asset Management Group LLC Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2025

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Summary of Intangible Assets, net

The following is a summary of intangible assets, net as of September 30, 2025 and December 31, 2024:


		Customer Relationships				Other Intangible Assets				Total
Cost
Balance, January 1, 2025		$	44,060			$	2,461			$	46,521
Balance, September 30, 2025			44,060				2,461				46,521
Useful lives		10-20 years				3-5 years
Accumulated amortization
Balance, January 1, 2025			(27,416	)			(2,461	)			(29,877	)
Amortization expense			(1,645	)			—				(1,645	)
Balance, September 30, 2025			(29,061	)			(2,461	)			(31,522	)
Net book value		$	14,999			$	—			$	14,999
Cost
Balance, January 1, 2024		$	44,060			$	2,461			$	46,521
Balance, September 30, 2024			44,060				2,461				46,521
Useful lives		10-20 years				3-5 years
Accumulated amortization
Balance, January 1, 2024			(25,127	)			(2,461	)			(27,588	)
Amortization expense			(1,717	)			—				(1,717	)
Balance, September 30, 2024			(26,844	)			(2,461	)			(29,305	)
Net Book Value		$	17,216			$	—			$	17,216

Schedule of Future Amortization Related to Intangible Assets

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


Remainder of 2025		$	548
2026			1,832
2027			1,828
2028			1,824
2029			1,820
Thereafter			7,147
Total		$	14,999