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Silvercrest Asset Management Group Inc. (SAMG) CEO Rick Hough on Q1 2020 Results - Earnings Call Transcript

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Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) Q1 2020 Earnings Conference Call May 1, 2020 8:30 AM ET

Company Participants

Rick Hough - Chairman and Chief Executive Officer

Scott Gerard - Chief Financial Officer

Conference Call Participants

Sumeet Mody - Piper Sandler

Sandy Mehta - Evaluate Research


Good morning and welcome to the Silvercrest Asset Management Group Inc. First Quarter 2020 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

Before we begin, let me remind you that during today’s call, Silvercrest will make forward-looking statements. Pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, all statements other than statements of historical facts, including statements regarding future events and developments and Silvercrest’s future performance as well as management’s current expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements. These forward-looking statements are only predictions based on current expectations and projections about future events. These forward-looking statements are subject to a number of risks and uncertainties, and there are important factors that could cause actual results level of activity, performance or achievements to differ materially to statements made.

Among these factors are fluctuations in quarterly and annual results, incurrence of net losses, adverse effects of management focusing on implementation of a growth strategy, failure to develop and maintain the Silvercrest brand and other factors disclosed in the company’s filings with the SEC, including these factors listed under the caption entitled Risk Factors in the company’s annual report on Form 10-K for the year ended December 31, 2019, and quarterly report on Form 10-Q for the 3 months ended March 31, 2020, filed with the SEC.

In some cases, these statements can be identified by forward-looking words such as believe, expect, anticipate, plan, estimate, likely, may, will, could, continue, project, predict, goal, the negative or plural of these words and other similar expressions. These

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