Wealth manager Silvercrest's Q3 revenue and EPS miss estimates

Silvercrest Asset Management

30/10/2025 21:46

Overview

Silvercrest Q3 revenue and adjusted EPS missed analyst expectations

Discretionary AUM increased 3% sequentially, reaching $24.3 bln

Total AUM hit a new high of $37.6 bln, driven by market appreciation

Outlook

Silvercrest expects discretionary AUM to exceed all-time highs in coming quarters

Company plans to adjust non-discretionary AUM reporting in 2026

Compensation ratio to remain elevated due to strategic investments

Result Drivers

DISCRETIONARY AUM GROWTH - Increase primarily due to beneficial equity markets, despite overall negative flows

ORGANIC GROWTH FOCUS - Added $46.4 mln in new client accounts during Q3, with $564 mln added YTD

STRATEGIC INVESTMENTS - Ongoing investments in intellectual capital and headcount aimed at long-term growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$31.29 mln
$32.20 mln (3 Analysts)
Q3 Adjusted EPS
Miss
$0.19
$0.28 (3 Analysts)
Q3 Adjusted Net Income
Miss
$2.40 mln
$3.63 mln (3 Analysts)
Q3 Net Income
$1.08 mln
Q3 Adjusted EBITDA
Miss
$4.52 mln
$6.64 mln (3 Analysts)
Q3 Adjusted EBITDA Margin
14.50%


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy."

Wall Street's median 12-month price target for Silvercrest Asset Management Group Inc is $22.00, about 34.8% above its October 30 closing price of $14.34

Press Release: ID:nGNX38xD6F

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)