Silvercrest Serves Families, Foundations, & Funds

The financial services sector includes nineteen industries all related to managing money: asset management; banks either global or from any of seven regions, capital markets, credit services, financial exchanges, insurance in six specializations, savings banks, and specialty finance.

Today I’m reviewing a small-cap asset management firm

It’s name is Silvercrest Asset Management Group Inc.

 It’s trading ticker symbol is SAMG.  

Silvercrest Asset Management Group Inc. provides financial advisory services to clients in the United States. Its area of coverage includes equities, fixed income, and cash, as well as non-traditional investment strategies, such as hedge funds.

The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors. It also manages funds of funds and other investment funds.

The company was founded in 2002 and is headquartered in New York, New York.

I use three key data points gauge the value of any dividend equity or fund like Silvercrest Asset Management Group Inc.: 

(1) Price

(2) Dividends

(3) Returns

After those three, four more keys will finally unlock an equity or fund in which to invest. 

No matter what, it’s the first three primary traits that best tell whether a company has made, is making, and will make money. 

SAMG Price

Silvercrest’s price was $17.00 per share at yesterday’s market close. A year ago its price was $13.40 for a gain of $3.60 per share in the past year.  

Assuming Silvercrest’s price will continue to trade in the range of $12.00 to $22.00 next year, its price could grow another $3.60 from $17.00 to $20.60 by June 20, 2019. 

SAMG Dividends

Silvercrest’s most recently declared quarterly dividend was $0.14 per share payable June 22 (Friday). That $0.14 quarterly dividend equates to an estimated annual payout of $0.56 per share for 2018-19 which yields 3.3% at yesterday’s $17.00 closing stock price.  

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.