Silvercrest secured a MiFID license to expand services for ultra-high-net-worth clients in Europe, led by Fintan Maher in Dublin.
Quiver AI Summary
Silvercrest Asset Management Group Inc., a New York-based firm specializing in wealth management for ultra-high-net-worth clients and institutional investors, has received a full MiFID license from the Central Bank of Ireland, allowing it to expand its operations in Europe. Established in 2002, Silvercrest manages $25 billion in discretionary assets and prides itself on a low client-to-professional ratio and a high client retention rate. The company recently appointed Fintan Maher as Managing Director of its new Dublin office, along with Colm Galvin as Director and Portfolio Manager, strengthening its leadership team in Europe. This new office in Dublin aims to better serve clients across Ireland and the broader EU while adhering to regulations that enhance investor protection.
Potential Positives
- Securing a full MiFID license from the Central Bank of Ireland allows Silvercrest to expand its services to ultra-high-net-worth clients and institutional investors across Europe, significantly enhancing its international growth potential.
- The establishment of the Dublin office positions Silvercrest strategically within the European market, facilitating better service for existing clients and attracting new ones.
- The firm’s experienced leadership team in Dublin, including Fintan Maher and Colm Galvin, brings over 45 years of combined expertise in wealth management, strengthening Silvercrest’s capacity to cater to high-value clients in the region.
- With $25 billion in discretionary assets under management, the firm demonstrates a strong market presence and client retention rate, indicating robust operational performance and trust from its clientele.
Potential Negatives
- Securing a MiFID license may indicate a necessary response to regulatory pressures faced by investment firms in Europe, suggesting that the firm needed to enhance compliance to maintain its operations in the region.
- The announcement of new executive hires may raise concerns about high turnover or the previous leadership structure, which could impact the firm's stability and client relationships.
FAQ
What is Silvercrest's recent achievement in Ireland?
Silvercrest has secured a full MiFID license from the Central Bank of Ireland to expand its international growth.
Who leads Silvercrest's European headquarters in Dublin?
Fintan Maher, a veteran family advisor, is the Managing Director of Silvercrest's Dublin office.
What types of clients does Silvercrest serve?
Silvercrest serves ultra-high-net-worth individuals, families, and institutional investors, focusing on a limited number of relationships.
How much assets does Silvercrest manage?
Silvercrest manages approximately $25 billion in discretionary assets as of June 30, 2026.
Where are Silvercrest's global offices located?
Silvercrest has offices in the United States, Singapore, Dublin, London, and Australia.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SAMG Revenue
$SAMG had revenues of $30.8M in Q2 2026. This is an increase of 0.36% from the same period in the prior year.
You can track SAMG financials on Quiver Quantitative's SAMG stock page.
You can access data on SAMG stock through the Quiver Quantitative API.
$SAMG Hedge Fund Activity
We have seen 47 institutional investors add shares of $SAMG stock to their portfolio, and 44 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BOSTON PARTNERS removed 194,061 shares (-79.9%) from their portfolio in Q2 2026, for an estimated $1,961,956
- ROYCE & ASSOCIATES LP removed 192,907 shares (-55.0%) from their portfolio in Q2 2026, for an estimated $1,950,289
- MORGAN STANLEY added 103,852 shares (+123.5%) to their portfolio in Q2 2026, for an estimated $1,049,943
- PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. added 80,890 shares (+33.0%) to their portfolio in Q2 2026, for an estimated $817,797
- ANCORA ADVISORS LLC removed 54,505 shares (-95.2%) from their portfolio in Q2 2026, for an estimated $551,045
- CM WEALTH ADVISORS LLC added 45,305 shares (+inf%) to their portfolio in Q2 2026, for an estimated $458,033
- PACIFIC RIDGE CAPITAL PARTNERS, LLC added 39,173 shares (+19.0%) to their portfolio in Q2 2026, for an estimated $396,039
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
- This license enables Silvercrest to service ultra-high-net-worth clients and institutional investors in Ireland and across Europe.
- Nasdaq-listed Silvercrest is a 24-year-old business headquartered in New York with $25 billion in discretionary assets under management.
-
Silvercrest’s EU headquarters in Dublin is led by Managing Director Fintan Maher, a veteran family advisor.
NEW YORK, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Silvercrest, an ultra-high net worth wealth advisor and asset manager, today announces that it has secured a full MiFID (Markets in Financial Instruments Directive) license from the Central Bank of Ireland to expand the firm’s international growth.
Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) was founded in the United States in 2002 to serve the world’s wealthiest families and select institutional investors.
Silvercrest is an independent, employee-owned, and publicly registered investment adviser, with $25 billion (€21.7 billion) in discretionary assets under management as of 30 June 2026. Relative to its assets under management, the firm serves a small number of client relationships globally, maintaining a 5:1 client-to-professional ratio and 98% client retention.
Silvercrest’s private client business offers institutional-quality investment management alongside financial planning, tax-aware portfolio construction, estate and trust coordination, philanthropy, family governance, and other advisory services tailored to a limited number of ultra-high-net-worth individuals and families.
The firm’s asset management business provides specialist investment solutions for large institutional allocators, including pension funds, endowments, and foundations.
Last month in Ireland, Silvercrest announced the key executive hires of veteran family advisor Fintan Maher as Managing Director and Head of its Dublin-based European office, along with Colm Galvin as a Director and Portfolio Manager.
Maher joined Silvercrest with more than 25 years of leadership experience in wealth management and family office businesses across Ireland and Australia. He served as CIO of Irelandia Investments, and most recently led Goodbody's family advisory business.
Galvin joined Silvercrest with over 20 years of experience in financial markets. He was most recently Founding Partner of MGK Capital Partners, a Dublin-based multi-family office.
With the hiring of Maher and Galvin, the firm’s Dublin leadership team now numbers four; they join Sarah-Jane Leonard, Director of Finance and Operations in Ireland, and Carina Myles, Head of Compliance and Risk.
Silvercrest has seven offices in the United States, offices in Singapore, Dublin, and professionals in London and Australia. The firm’s Irish office is located in Ballsbridge, Dublin.
The European Union (Markets in Financial Instruments) Regulations 2017 (S.I. No. 375 of 2017) implement the MiFID II directive in Ireland, establishing rules for investment firms and enhancing investor protection.
About Silvercrest:
Silvercrest Asset Management Group LLC (the “firm”) is the principal operating subsidiary of Silvercrest Asset Management Group Inc. Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser, headquartered in New York. The firm has seven offices in the United States, an office in Singapore, and team members based in Europe and Australia. The firm has opened its Dublin office as its first European base of operations to support existing clients across the EU.
Contact: Richard Hough
212-649-0601
[email protected]