Rmb Capital Management Disclosed New Silvercrest Asset Management Group Inc Position

February 14, 2018 - By Dolores Ford

 Rmb Capital Management Disclosed New Silvercrest Asset Management Group Inc Position

Investors sentiment increased to 1.69 in 2017 Q3. Its up 0.47, from 1.22 in 2017Q2. It increased, as 4 investors sold Silvercrest Asset Management Group Inc. shares while 9 reduced holdings. 5 funds opened positions while 17 raised stakes. 5.61 million shares or 0.70% less from 5.65 million shares in 2017Q2 were reported.

Vanguard Grp reported 0% stake. Ameritas Investment Prns reported 548 shares stake. Nationwide Fund Advisors holds 0% or 4,047 shares in its portfolio. Barclays Plc stated it has 167 shares. 4,786 were accumulated by Group Inc. Natl Bank Of America Corporation De has invested 0% of its portfolio in Silvercrest Asset Management Group Inc. (NASDAQ:SAMG). Renaissance Ltd Company owns 148,513 shares or 0% of their US portfolio. Pacific Ridge Prtn Limited Liability Com owns 225,225 shares for 0.93% of their portfolio. Mendon stated it has 600,761 shares. Perritt Cap Mngmt reported 1.35% stake. Acadian Asset Management Ltd has invested 0% in Silvercrest Asset Management Group Inc. (NASDAQ:SAMG). Parallax Volatility Advisers Limited Partnership reported 440 shares. Punch And Assoc Invest Mgmt owns 558,860 shares. Meeder Asset Mgmt holds 211 shares or 0% of its portfolio. Blackrock Incorporated holds 337,902 shares or 0% of its portfolio.

Since October 10, 2017, it had 0 buys, and 5 insider sales for $5.03 million activity.

The New Rmb Capital Management Holding in Silvercrest Asset Management Group Inc

Rmb Capital Management reported SC 13G/A form with the SEC for Silvercrest Asset Management Group Inc. Access it here: 000117266118000473. As reported by Rmb Capital Management, the filler owns 10.7% or 866,933 shares of the Finance–company.

Silvercrest Asset Management Group Inc stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Rmb Capital Management’s positive view for Silvercrest Asset Management Group Inc. For a hedge fund managing $3.98 billion in assets and having 75+ experts this is interesting position.

The hedge fund is investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Rmb Capital Management’s portfolio is in the sector.

Silvercrest Asset Management Group Inc Institutional Sentiment

Filings show 39 investors own Silvercrest Asset Management Group Inc. The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is decreased by 385694. 5134793 were owned by these investors. 1 funds opened new Silvercrest Asset Management Group Inc stakes, 19 increased positions. There were 11 that closed positions and 14 reduced them.

Perritt Capital Management Inc is an investor bullish on Silvercrest Asset Management Group Inc, owning 313106 shares as of Q3 2015 for 0.71% of its portfolio. Continental Advisors Llc owns 130748 shares or 0.38% of its portfolio. KY Community Trust & Investment Co have 0.52% of its portfolio for 358380 shares. Further, Banc Funds Co Llc reported stake worth 0.46% of its portfolio. The NY Mendon Capital Advisors Corp owns 283131 shares. Silvercrest Asset Management Group Inc is 0.85% of its portfolio.

Business Profile

Silvercrest Asset Management Group Inc. (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs. It advises clients on traditional investment strategies focused on equities, fixed income and cash, as well as non-traditional investment strategies, including hedge funds, private equity funds, real estate and commodities. It offers clients an array of investment solutions together with an array of non-proprietary solutions offered by unaffiliated firms selected. Silvercrest’s family office services include financial planning; tax planning and preparation; partnership accounting and fund administration; consolidated wealth reporting; estate or trust agency, and art consultancy and management.

SEC Form 13G.

Rmb Capital Management website.

It closed at $14.1 lastly. It is down 1.75% since February 14, 2017 and is uptrending. It has underperformed by 14.95% the S&P500.

Silvercrest Asset Management Group Inc., a wealth management firm, provides financial advisory and related family office services in the United States. The company has market cap of $186.14 million. The firm serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors. It has a 17.2 P/E ratio. It also manages funds of funds and other investment funds.

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) Ratings Coverage

Among 2 analysts covering Silvercrest Asset Management (NASDAQ:SAMG), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Silvercrest Asset Management had 2 analyst reports since January 26, 2016 according to SRatingsIntel.

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