Silvercrest Asset Management Group Inc. (SAMG) Q3 2024 Earnings Call Transcript Summary
Silvercrest Asset Management Group Inc. (SAMG) Q3 2024 Earnings Call Transcript Summary
Year-over-year, revenue increased by approximately 2%, driven by increased discretionary AUM, while expenses increased by 12% due to higher compensation and benefits.The following is a summary of the Silvercrest Asset Management Group Inc. (SAMG) Q3 2024 Earnings Call Transcript:
以下是silvercrest asset management集團Inc. (SAMG) 2024年第三季度業績會文本摘要:
Financial Performance:
金融業績：
In Q3 2024, Silvercrest reported discretionary AUM of $22.6 billion and total AUM of $35.1 billion.
Revenue for the quarter was $30.4 million, with a net income of $3.7 million.
Year-over-year, revenue increased by approximately 2%, driven by increased discretionary AUM, while expenses increased by 12% due to higher compensation and benefits.
2024年第三季度，Silvercrest報告的自主資產管理（AUm）爲$226億，總AUm爲$351億。
本季度營業收入爲$3040萬，淨利潤爲$370萬。
與去年同期相比，營業收入增長約2%，主要受增加的自主資產管理推動，而費用增長12%，這是因爲高額的薪酬和福利支出。
Business Progress:
業務進展：
Silvercrest saw growth in assets under management due to supportive market conditions, with a 5% increase since Q2 and a 10% increase year-over-year.
The firm is expanding its global equity strategy and has seen increased business opportunities with a $1.2 billion pipeline.
New client accounts and relationships increased, particularly through new Small Cap Opportunity mandates.
由於市場環境的支持，Silvercrest資產管理的管理規模增長，自第二季度以來增長5%，同比增長10%。
該公司正在擴大其全球股票策略，並且看到了與一個12億美元的業務機會管道相關聯的增長。
新客戶帳戶和關係增加，特別是通過新的小盤機會委託。
Opportunities:
機會：
Silvercrest plans significant inflows from a new global equity strategy and expects robust net organic flows over the next quarters.
The firm is actively hiring to support business growth and invest in its future capabilities.
silvercrest asset management計劃從新的全球股票策略中獲得顯著資金流入，並預計未來幾個季度淨有機流入強勁。
公司正在積極招聘以支持業務增長，並投資於未來能力。
Risks:
風險：
Despite increased revenue, most business metrics are down due to higher operational expenses.
The firm faces the challenge of managing increased expenses while still aiming for growth.
儘管營業收入增加，但由於運營成本較高，大多數業務指標下降。
公司面臨管理增加的費用的挑戰，同時仍然致力於增長。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
