Clients
Silvercrest Asset Management Group serves 1,205 clients, 1,081 of them high-net-worth individuals. The average client has about $24 million with the firm, and high-net-worth clients hold 67% of its $28.3 billion in assets.
- High-net-worth individuals1,081 clients67%
- Investment companies7 clients11%
- Pension and profit-sharing plans26 clients11%
- Charitable organizations50 clients5%
- State or municipal government entities11 clients3%
- OtherPooled investment vehicles, Insurance companies, Corporations and other businesses3%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 1,081 | $18,933,968,558 | 66.8% | $17.5M |
| Investment companies | 7 | $3,111,841,585 | 11.0% | $444.5M |
| Pooled investment vehicles | 3 | $105,962,849 | 0.4% | $35.3M |
| Pension and profit-sharing plans | 26 | $3,162,762,417 | 11.2% | $121.6M |
| Charitable organizations | 50 | $1,312,623,867 | 4.6% | $26.3M |
| State or municipal government entities | 11 | $907,073,082 | 3.2% | $82.5M |
| Insurance companies | 3 | $267,455,410 | 0.9% | $89.2M |
| Corporations and other businesses | 24 | $526,306,031 | 1.9% | $21.9M |
| Total | 1,205 | $28,327,993,799 | 100% | $23.5M |
- Clients
- 1,081
- Regulatory AUM
- $18,933,968,558
- Share
- 66.8%
- Avg. per client
- $17.5M
- Clients
- 7
- Regulatory AUM
- $3,111,841,585
- Share
- 11.0%
- Avg. per client
- $444.5M
- Clients
- 3
- Regulatory AUM
- $105,962,849
- Share
- 0.4%
- Avg. per client
- $35.3M
- Clients
- 26
- Regulatory AUM
- $3,162,762,417
- Share
- 11.2%
- Avg. per client
- $121.6M
- Clients
- 50
- Regulatory AUM
- $1,312,623,867
- Share
- 4.6%
- Avg. per client
- $26.3M
- Clients
- 11
- Regulatory AUM
- $907,073,082
- Share
- 3.2%
- Avg. per client
- $82.5M
- Clients
- 3
- Regulatory AUM
- $267,455,410
- Share
- 0.9%
- Avg. per client
- $89.2M
- Clients
- 24
- Regulatory AUM
- $526,306,031
- Share
- 1.9%
- Avg. per client
- $21.9M
Total
- Clients
- 1,205
- Regulatory AUM
- $28,327,993,799
- Share
- 100%
- Avg. per client
- $23.5M
What it does
Silvercrest Asset Management Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, fixed fees and performance-based fees.
Silvercrest Asset Management Group provided financial planning to 26–50 clients last fiscal year and advises 12 private funds.
84.2% of assets ($23.84B across 1,185 accounts) are managed with discretion; $4.49B across 20 accounts are not. 3% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks61%
- Funds18%
- Registered funds11%
- Pooled vehicles7%
- Bonds16%
- State and local bonds10%
- U.S. government and agency bonds5%
- Investment grade corporate bonds1%
- Cash4%
- Other1%
- Tangible assets1%
Custodians
Silvercrest Asset Management Group’s client accounts are held mainly at Charles Schwab, with 25% of managed assets, and Pershing, with 24%. Silvercrest Asset Management Group has custody of $15.11B for 1,184 clients.
- PershingPershing LLC · Jersey City, NJ · $6.67B24%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $7.11B25%
- All other custodians$14.55B51%
Ownership and leadership
Silvercrest L.P. owns 75% or more of Silvercrest Asset Management Group, and Richard Hough is its CEO.
- Owns 75% or more of Silvercrest Asset Management Group LLC
Silvercrest L.P.
Control person · since January 2009
Silvercrest Asset Management Group Inc.
General partner · Control person · since June 2013
Leadership
- Richard HoughChairman and Chief Executive Officer
- Scott GerardChief Financial Officer
- David CampbellChief Compliance Officer
- Matthew ArpanoManaging Director
- John GrayManaging Director
Staff
- 175 employees
- 92 in advisory functions
- 35 state-registered reps
- 12 soliciting firms
Reported holdings
Silvercrest Asset Management Group’s reported 13F holdings total $15.26B across 844 positions, and the ten largest make up 14.0% of it.
- $15.26B
- Reported 13F value
- 844
- Positions
- 14.0%
- In the 10 largest
- +10.3%
- Value vs. prior quarter
- Broadcom Inc.2.0%
- Alphabet Inc. Cap Stk CL C1.9%
- Microsoft Corp.1.6%
- Apple Inc.1.5%
- Cisco Sys Inc.1.4%
- Alphabet Inc. Cap Stk CL A1.3%
- Element Solutions Inc.1.2%
- TD Synnex Corp.1.1%
- Littelfuse Inc.1.0%
- Delta Air Lines Inc. Del Com New1.0%
Together, the ten largest are 14.0% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $15.26B is not its $28.33B in regulatory assets and does not represent any individual client's portfolio.
Fees
Silvercrest Asset Management Group is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Silvercrest Asset Management Group’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Silvercrest Asset Management Group has 7 offices, with 8 listed addresses across 7 states.
Virginia · 2 listed addresses
- 230 Court Square, Charlottesville
- 9030 Stony Point Parkway, Richmond
California · 1 listed address
- 12760 High Bluff DR, San Diego
Georgia · 1 listed address
- 3560 Lenox Road Ne, Atlanta
Massachusetts · 1 listed address
- 30 Rowes Wharf, Boston
New Jersey · 1 listed address
- 135 Route 202/206, Bedminster
New York · 1 listed address
- 1330 Avenue of the Americas, 38th Floor, New YorkHQ
Wisconsin · 1 listed address
- 790 North Water Street, Milwaukee
Registration details
- Legal name
- Silvercrest Asset Management Group LLC
- Headquarters
- 1330 Avenue of the Americas, 38th Floor, New York, NY 10019-5400
- Phone
- 212-649-0600
- Website
- Not reported
- SEC file
- 801-61004
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Silvercrest Asset Management Group have?
Silvercrest Asset Management Group has 1,205 clients and manages $28.3 billion for them, as of March 2026. They include 1,081 high-net-worth individuals, 50 charitable organizations and 26 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Silvercrest Asset Management Group offer?
Silvercrest Asset Management Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Silvercrest Asset Management Group use?
Silvercrest Asset Management Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $7,111,133,356 and Pershing LLC (Jersey City, NJ), with $6,671,339,875. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Silvercrest Asset Management Group have?
Silvercrest Asset Management Group has 35 investment adviser representatives registered with state securities authorities, out of 175 employees, and 92 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Silvercrest Asset Management Group invest in?
At the end of its last fiscal year, Silvercrest Asset Management Group’s separately managed accounts held 61% exchange-traded equities, 11% registered funds (mutual funds, ETFs, BDCs), 10% state and local bonds, 7% pooled vehicles (private funds and similar), 5% U.S. government and agency bonds, 4% cash and equivalents, 1% investment grade corporate bonds and 1% tangible assets. It advises 12 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Silvercrest Asset Management Group?
Silvercrest Asset Management Group’s direct owner is Silvercrest L.P. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Silvercrest Asset Management Group get paid?
Silvercrest Asset Management Group is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file