SCHEDULE: Royce & Associates Amends Silvercrest Stake

Royce & Associates LP has filed an amended Schedule 13G, disclosing a 4.56% beneficial ownership stake in Silvercrest Asset Management Group Inc.'s Class A Common Stock.

Summary

• Royce & Associates LP, an investment adviser, reported beneficial ownership of 385,002 shares of Silvercrest Asset Management Group Inc.'s Class A Common Stock.
• This ownership represents 4.56% of the Class A Common Stock outstanding.
• Royce & Associates LP holds sole voting and sole dispositive power over all 385,002 shares.
• The filing is an Amendment No. 13 to Schedule 13G, with the date of event requiring the filing stated as September 30, 2025.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• Royce & Associates LP is an indirect majority-owned subsidiary of Franklin Resources, Inc. (FRI) and exercises investment and voting powers independently from FRI affiliates.
• Royce & Associates LP disclaims any pecuniary interest in the reported securities and denies being a 'group' with FRI affiliates or Principal Shareholders for reporting purposes.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine beneficial ownership disclosure (Schedule 13G) and does not contain performance or operational updates.

Future Outlook

NA

Industry Context

This filing reflects a routine disclosure of beneficial ownership by an investment adviser in a publicly traded asset management firm. Such disclosures are common in the financial industry, providing transparency on institutional holdings and investment strategies.

Stakeholder Impact

• Provides transparency to shareholders regarding institutional ownership in Silvercrest Asset Management Group Inc.

Key Dates

Keywords

Silvercrest Asset Management Group Inc., ROYCE & ASSOCIATES LP, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Adviser, SEC Filing, Asset Management