3 Small-Cap Stocks on the Rise With Over 4% Dividend Yields Silvercrest Asset Management Group (NASDAQ:SAMG) reported second-quarter 2026 revenue of $30.8 million and consolidated net income of $0.5 million as the wealth and institutional asset manager continued investing in…
ternational distribution, licensing and personnel. Chairman and CEO Rick Hough said discretionary assets under management, the primary driver of the company’s revenue, rose 6.9% during the quarter to $24.7 billion as of June 30, from $23.1 billion at the end of March
Discretionary AUM was up 4.2% from $23.7 billion a year earlier. Total AUM increased 3.6% during the quarter to $37.0 billion. The increase in discretionary AUM reflected market appreciation, partly offset by net client outflows.
Hough said second-quarter outflows were largely related to seasonal high-net-worth client withdrawals for tax payments, as well as institutional withdrawals. More than $200 million of outflows had no revenue impact because they were associated with flat-fee or other arrangements, he said. AUM, Client Flows and Institutional Expansion Organic new client account flows totaled $111 million in the second quarter, compared with $81 million in the first quarter and $80 million in the prior-year period.