Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Financial Condition

v3.8.0.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 53,822 $ 37,517
Investments 626 335
Receivables, net 9,436 6,270
Due from Silvercrest Funds 1,094 2,876
Furniture, equipment and leasehold improvements, net 2,453 2,411
Goodwill 25,168 25,168
Intangible assets, net 11,578 13,404
Deferred tax asset—tax receivable agreement 11,838 20,221
Prepaid expenses and other assets 1,345 4,079
Total assets 117,360 112,281
Liabilities and Equity    
Accounts payable and accrued expenses 3,506 4,485
Accrued compensation 28,274 23,797
Notes payable 740 2,486
Deferred rent 3,473 436
Deferred tax and other liabilities 9,248 14,993
Total liabilities 45,241 46,197
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 41,606 41,260
Retained earnings 7,359 5,916
Total Silvercrest Asset Management Group Inc.’s equity 49,095 47,305
Non-controlling interests 23,024 18,779
Total equity 72,119 66,084
Total liabilities and equity 117,360 112,281
Class A Common Stock    
Equity    
Common stock, value 81 81
Total equity 81 81
Class B Common Stock    
Equity    
Common stock, value 49 48
Total equity $ 49 $ 48