Silvercrest Asset Management (SAMG) Appoints J. Allen Gray to its Board

Silvercrest Asset Management Group Inc. (NASDAQ: SAMG), a leading registered investment advisory firm specializing in institutional and wealth asset management services, is pleased to announce the appointment of J. Allen Gray to its Board of Directors, effective immediately.

Mr. Gray brings extensive experience in financial services and strategic leadership to Silvercrest. As head of Silvercrest’s institutional business, Mr. Gray has played a pivotal role in the success of the firm’s institutional equity business over his tenure. The institutional asset management business has grown to approximately 30% of its discretionary assets under management under Mr. Gray’s nearly 17-year tenure. He is a Silvercrest Partner and Managing Director, and has been a member of the company’s Executive Committee since 2019.

“We are thrilled to welcome Allen Gray to our Board of Directors,” said Richard Hough, Chairman and CEO of Silvercrest Asset Management Group Inc. “Allen will provide the Board with important strategic insights with regards to our ongoing growth in the institutional asset management business as well our global initiatives. Our ambitious growth plans will greatly benefit from Allen's careful advice and counsel. His deep industry knowledge, proven leadership, and commitment to excellence align perfectly with Silvercrest’s mission to deliver exceptional value to our clients.”

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