samg-8k_20200728.htm
false 0001549966 0001549966 2020-07-28 2020-07-28

 

 

 

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): July 28, 2020

 

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: (212649-0600

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 July 28, 2020, Silvercrest Asset Management Group Inc. (the “Company”) issued a press release announcing that it will host a teleconference at 8:30 am Eastern Time on August 4, 2020, to discuss the Company’s financial results for the second quarter ended June 30, 2020. A copy of the press release is attached hereto as Exhibit 99.1, and is incorporated herein by reference.

On July 28, 2020, the Company’s Board of Directors declared a quarterly dividend of $0.16 per share of Class A common stock.  The dividend will be paid on or about September 18, 2020 to shareholders of record as of the close of business on September 11, 2020.

The information furnished in this Form 8-K, including the exhibit hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof, except as expressly set forth by specific reference in such a filing.

 

Item 9.01      Financial Statements and Exhibits

 

Exhibit Number

      

Description of Exhibit

   

   

99.1

      

Press Release of Silvercrest Asset Management Group Inc., dated July 28, 2020.

 

 

 

104

 

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

 

 

 


EXHIBIT LIST

 

Exhibit Number

      

Description of Exhibit

   

   

99.1

      

Press Release of Silvercrest Asset Management Group Inc., dated July 28, 2020.

 

 

 

104

 

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

 

 

 

 

 

 

 



SIGNATURES

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: July 28, 2020

 

Silvercrest Asset Management Group Inc.

   

   

By:

   

/s/ Scott A. Gerard

   

   

Name: Scott A. Gerard

   

   

Title: Chief Financial Officer

 

 

 

 

 

 

samg-ex991_6.htm

Exhibit 99.1

 

 

 

Silvercrest Asset Management (SAMG) to Announce

Second Quarter 2020 Results and Host Investor Conference Call

NEW YORK, NY, July 28, 2020 — Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on August 4, 2020, to discuss the company’s financial results for the second quarter ended June 30, 2020. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/.

Chairman, Chief Executive Officer and President Richard R. Hough III and Chief Financial Officer Scott A. Gerard will review the quarterly results during the call. Immediately after the prepared remarks, there will be a question and answer session for analysts and institutional investors.


Analysts, institutional investors and the general public may listen to the call by dialing 1-844-836-8743 or for international callers please dial 1-412-317-5723.  An archived replay of the call will be available after the completion of the live call on the Investor Relations page of the Silvercrest website at http://ir.silvercrestgroup.com/.

 

The Company’s Board of Directors today declared a quarterly dividend of $0.16 per share of Class A common stock.  The dividend will be paid on or about September 18, 2020 to shareholders of record as of the close of business on September 11, 2020.


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 March 31, 2020, the firm reported assets under management of $20.6 billion.

Contact: Richard Hough
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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