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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 13, 2024

SILVERCREST ASSET MANAGEMENT GROUP INC.

(Exact name of registrant as specified in its charter)

Delaware

001-35733

45-5146560

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

1330 Avenue of the Americas, 38th Floor

New York, New York

 

10019

(Address of principal executive offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (212) 649-0600

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class:

Trading Symbol(s)

Name of each exchange on which registered:

Class A common stock, $0.01 par value per share

SAMG

Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 

Item 8.01. Other Events.

On February 13, 2024, the Board of Directors of Silvercrest Asset Management Group Inc. (the “Company”) declared a quarterly dividend of $0.19 per share of Class A common stock. The dividend will be paid on or about March 15, 2024 to shareholders of record as of the close of business on March 8, 2024.

A Copy of the news release is attached as Exhibit 99.1 and is incorporated into this report by reference.

Item 9.01. Financial Statements and Exhibits

Exhibit
No.

Description

 

 

99.1

Press release of Silvercrest Asset Management Group Inc. dated February 13, 2024.

 

 

 

104

 

Cover Page Interactive Data File (embedded within Inline XBRL document).

 

 

 

 

 

 

 

 

 

 

Exhibits

 

 

 

Exhibit
No.

Description

 

 

99.1

Press release of Silvercrest Asset Management Group Inc. dated February 13, 2024.

 

 

 

104

 

Cover Page Interactive Data File (embedded within Inline XBRL document).

 

 

 

 

 

 

 

 

 

 

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: February 13, 2024

 

 

 

 

 

Silvercrest Asset Management Group Inc.

 

 

By:

/s/ Scott A. Gerard

 

Name: Scott A. Gerard

 

Title: Chief Financial Officer

 

 

 

 

 

 

 

 

Exhibit 99.1

 

img57283581_0.jpg 

 

 

Silvercrest Asset Management Group Inc. Announces Quarterly Dividend

NEW YORK, February 13, 2024 — Silvercrest Asset Management Group Inc. (NASDAQ: SAMG), (the “Company”) today announced that its board of directors declared a quarterly dividend of $0.19 per share of Class A common stock on February 13, 2024. The dividend will be paid on or about March 15, 2024 to shareholders of record as of the close of business on March 8, 2024.

About Silvercrest
Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser. With offices in New York, Boston, Virginia, New Jersey, California and Wisconsin, Silvercrest provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors. As of September 30, 2023, the firm reported assets under management of $31.2 billion.

Investor Relations Contact:


Richard R. Hough III
212-649-0601
rhough@silvercrestgroup.com

 

 

SILVERCREST ASSET MANAGEMENT GROUP INC.

1330 AVENUE OF THE AMERICAS, NEW YORK, NEW YORK 10019 • (212) 649-0600

WWW.SILVERCRESTGROUP.COM

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