Silvercrest Asset Management Group Inc
0.0 %
11.45 %
Yet to be announced
Company Overview
Silvercrest Asset Management Group provides financial advisory and related family office services in the United States. The company was founded in 2002 and is headquartered in New York, New York.
Revenue Sources
Based on the review of Silvercrest's business model and financial statements, their primary revenue comes from wealth management and advisory fees. These fees are charged as a percentage of assets under management, which represents a legitimate service-based income stream. The company does not derive significant revenue from prohibited activities such as gambling, alcohol, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $30.41m | $15,000 | $-15,000.0 | $15,000 | 0.05% | 100.00% |
| June 30, 2024 | $30.96m | $29,000 | $-29,000.0 | $29,000 | 0.09% | 100.00% |
| March 31, 2024 | $30.22m | $51,000 | $-51,000.0 | $51,000 | 0.17% | 100.00% |
| Dec. 31, 2023 | $28.86m | $-310,000.0 | $314,000 | $-310,000.0 | 1.09% | 100.00% |
Examining the last four quarters of financial data, both interest income and interest expense are minimal relative to total revenue. Interest-related items consistently represent less than 0.5% of total revenue, indicating that interest is not a material component of the company's business model or operations.
Operational Ethics
Based on available public information, SEC filings, and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company primarily operates in the United States and has no known direct ties to the state of Israel or the Chinese Communist Party.
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