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Silvercrest Asset Management Group Inc   (SAMG)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
 

Silvercrest Asset Management Group Inc's Customers Performance

SAMG

 
SAMG's Source of Revenues Silvercrest Asset Management Group Inc's Corporate Customers have recorded an advance in their cost of revenue by 2.29 % in the 3 quarter 2023 year on year, sequentially costs of revenue were trimmed by -14.79 %. During the corresponding time, Silvercrest Asset Management Group Inc recorded revenue increase by 3.55 % year on year, sequentially revenue grew by 1.08 %. While revenue at the Silvercrest Asset Management Group Inc 's corporate clients fell by -17.5 % year on year, sequentially revenue fell by -2.61 %.

List of SAMG Customers




Silvercrest Asset Management Group Inc's Customers have recorded an advance in their cost of revenue by 2.29 % in the 3 quarter 2023 year on year, sequentially costs of revenue were trimmed by -14.79 %, for the same period Silvercrest Asset Management Group Inc recorded revenue increase by 3.55 % year on year, sequentially revenue grew by 1.08 %.

List of SAMG Customers


   
Customers Net Income grew in Q3 by Customers Net margin grew to
64.1 % 9.46 %



Silvercrest Asset Management Group Inc's Customers, Q3 2023 Revenue Growth By Industry
Customers in Accident & Health Insurance Industry      1.7 %
Customers in Life Insurance Industry -36.54 %   
Customers in Property & Casualty Insurance Industry -5.62 %   
Customers in Miscellaneous Financial Services Industry -3.88 %   
Customers in Professional Services Industry      3.64 %
     
• Customers Valuation • Customers Mgmt. Effect.


Silvercrest Asset Management Group Inc's Comment on Sales, Marketing and Customers



We take a holistic approach to client service, whereby a senior portfolio manager spearheads the coordination of the IPSC recommendations, family office services work and the investment management team in order to deliver the full range of our capabilities to the client.
Eight out of our ten largest high net worth clients use one or more components of our family office services. We believe that this is an attractive growth area for our company and we have initiated plans to increase the provision of these services to both broaden relationships with existing clients and to attract potential clients. Our family office services are profitable and are not used as a loss-leader for attracting clients. Our family office capabilities include the following:

Financial Planning;

Tax Planning and Preparation;

Partnership Accounting and Fund Administration;

Consolidated Wealth Reporting;

Estate or Trust Agency; and

Art Consultancy and Management.
For institutional client relationships, contact with our clients is handled by a dedicated institutional client service team headed by a Managing Director who also maintains our relationships with institutional investment consultants. This structure permits our investment professionals to maintain their focus on achieving superior investment results without the distraction of client demands.





Silvercrest Asset Management Group Inc's Comment on Sales, Marketing and Customers


We take a holistic approach to client service, whereby a senior portfolio manager spearheads the coordination of the IPSC recommendations, family office services work and the investment management team in order to deliver the full range of our capabilities to the client.
Eight out of our ten largest high net worth clients use one or more components of our family office services. We believe that this is an attractive growth area for our company and we have initiated plans to increase the provision of these services to both broaden relationships with existing clients and to attract potential clients. Our family office services are profitable and are not used as a loss-leader for attracting clients. Our family office capabilities include the following:

Financial Planning;

Tax Planning and Preparation;

Partnership Accounting and Fund Administration;

Consolidated Wealth Reporting;

Estate or Trust Agency; and

Art Consultancy and Management.
For institutional client relationships, contact with our clients is handled by a dedicated institutional client service team headed by a Managing Director who also maintains our relationships with institutional investment consultants. This structure permits our investment professionals to maintain their focus on achieving superior investment results without the distraction of client demands.








SAMG's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Silvercrest Asset Management Group Inc 141.90 117.79 19.11 109
Accenture Plc 220,720.49 64,573.60 7,038.47 721,000
American International Group Inc 56,728.19 46,802.00 3,878.00 36,600
Principal Financial Group inc 21,093.49 13,665.80 670.10 18,600
Lincoln National Corporation 4,880.36 11,645.00 -752.00 10,848
Prudential Financial Inc 43,336.97 53,979.00 2,508.00 40,916
Unum Group 10,598.26 12,385.90 1,283.80 10,300
Genworth Financial Inc 2,889.64 7,488.00 139.00 5,300
The Hartford Financial Services Group Inc 32,104.54 24,527.00 2,504.00 18,100
Metlife Inc 56,503.76 66,905.00 1,602.00 43,000
Lpl Financial Holdings Inc 20,267.32 10,052.85 1,066.25 3,410
Security National Financial Corporation 173.98 351.77 32.87 1,271
Atlantic American Corp 57.86 185.28 3.10 147
American National Group Inc 5,108.64 4,299.31 639.89 4,736
Citizens Inc 106.91 240.68 24.44 620
Fbl Financial Group Inc 1,493.99 788.43 102.89 1,637
First Trinity Financial Corp 0.00 75.76 7.92 9
National Security Group Inc. 41.46 66.13 0.82 1
National Western Life Group Inc 1,736.96 639.35 128.42 261
Utg Inc 98.25 44.80 16.24 42
Voya Financial Inc 7,795.01 7,348.00 729.00 0
China United Insurance Service Inc 46.04 134.74 15.91 2,239
Horace Mann Educators Corporation 1,489.54 1,491.90 45.00 1,350
United Fire Group Inc 550.47 1,174.22 36.38 1,057
Midwest Holding Inc 102.33 37.47 1.06 0
SUBTOTAL 487,924.44 328,901.98 21,721.55 921,444


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