Exhibit 99.1

Silvercrest Asset Management Group Inc. Reports Q3 2014 Results

New York, NY – November 12, 2014 — Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported its results for the quarter ended September 30, 2014.

Business Update

Silvercrest successfully obtained meaningful new assets, contributing to the firm's organic growth, for the third quarter ended September 30, 2014, along with increased revenue. The firm's relationships increased from 526 as of June 30, 2014, to 533 as of September 30, 2014. There were 483 relationships as of December 31, 2013. 

While total assets under management declined to $16.4 billion during the third quarter due to market volatility, the firm's discretionary assets under management remained substantially unchanged for the quarter due to new client acquisition and client commitments. 

We are pleased with the continued organic growth result during a time of market volatility. The firm’s growth was due to organic growth in both our core family wealth business and continued progress building our institutional business. 

The Company’s Board of Directors declared a dividend of $0.12 cents per Class A share payable on December 19, 2014 to Class A shareholders of record on December 12, 2014.

Third Quarter 2014 Highlights

The table below presents a comparison of certain GAAP and non-GAAP (“adjusted”) financial measures and AUM.

SILVERCREST ASSET MANAGEMENT GROUP LLC

1330 AVENUE OF THE AMERICAS, NEW YORK, NEW YORK 10019 • (212) 649-0600

WWW.SILVERCRESTGROUP.COM

AUM of $16.4 billion

Silvercrest’s AUM decreased by $0.3 billion, or 1.8%, to $16.4 billion at September 30, 2014 from $16.7 billion at June 30, 2014. The decrease in AUM was attributable to $0.5 billion in market depreciation. This was partially offset by an increase in new discretionary AUM of $0.2 billion during the quarter ended September 30, 2014.

Silvercrest’s AUM increased by $1.8 billion, or 12.3%, to $16.4 billion at September 30, 2014 from $14.6 billion at September 30, 2013. The increase was attributable to $1.0 billion of net client inflows and $0.8 billion of market appreciation.

Third Quarter 2014 vs. Third Quarter 2013

Revenue increased by $3.1 million, or 20.9%, to $17.8 million for the three months ended September 30, 2014, from $14.7 million for the three months ended September 30, 2013. This increase was driven primarily by growth in the Company’s management and advisory fees as a result of increased AUM.

Total expenses increased by $1.8 million, or 15.5%, to $13.3 million for the three months ended September 30, 2014 from $11.5 million for the three months ended September 30, 2013. This increase was primarily attributable to increases in compensation and benefits expense and general and administrative expenses of $1.6 million and $0.2 million, respectively. The increase in compensation and benefits expense was primarily attributable to an increase in the partner incentive bonuses of $1.4 million as a result of the recognition of partner incentive payments as compensation expense, an increase in accrued employee incentive bonuses of $0.3 million, the accrual of earnouts related to our Richmond expansion of $0.1 million and an increase in salaries expense of $0.1 million, as a result of both merit increases and increased headcount. This was partially offset by a decrease in equity-based compensation expense primarily as a result of lower levels of deferred equity units due to vesting in prior periods. General and administrative expenses increased by $0.2 million for the three months ended September 30, 2014 from the same period in the prior year. This increase was primarily due to an increase in occupancy and related expenses of $0.2 million as a result of a reduction in subtenant rental income earned for the three months ended September 30, 2014 as compared to the same period in the prior year.

Consolidated net income was $2.9 million. Net income attributable to Silvercrest was $1.4 million, or $0.18 per basic and diluted share for the three months ended September 30, 2014. The Company’s Adjusted Net Income¹ was $2.8 million, or $0.23 per adjusted basic and diluted share⁴ for the three months ended September 30, 2014.

Adjusted EBITDA¹ was $5.3 million or 29.7% of revenue for the three months ended September 30, 2014 as compared to $4.3 million or 29.1% of revenue for the same period in the prior year.

Nine Months Ended September 30, 2014 vs. Nine Months Ended September 30, 2013

Revenue increased by $8.9 million, or 20.7%, to $51.8 million for the nine months ended September 30, 2014, from $42.9 million for the nine months ended September 30, 2013. This increase was driven primarily by growth in the Company’s management and advisory fees as a result of increased AUM.

Total expenses increased by $11.1 million, or 39.6%, to $39.2 million for the nine months ended September 30, 2014 from $28.1 million for the nine months ended September 30, 2013. This increase was primarily attributable to increases in compensation and benefits expense and general and administrative expenses of $9.9 million and $1.2 million, respectively. The increase in compensation and benefits expense was primarily attributable to an increase in the accrual for partner incentive bonuses of $9.8 million as a result of the recognition of partner incentive payments as compensation expense and an increase in salaries and benefits expense of $0.5 million and $0.2 million, respectively, as a result of both merit increases and increased headcount. This was partially offset by a decreased equity-based compensation expense of $0.6 million primarily due to lower levels of deferred equity units due to vesting in prior periods. General and administrative expenses increased by $1.2 million for the nine months ended September 30, 2014 from the same period in the prior year. This increase was primarily due to an increase in occupancy expense of $0.5 million as a result of a reduction of subtenant rental income earned for the nine months ended September 30, 2014 as compared to the same period in the prior year, an increase in the provision for doubtful accounts of $0.2 million in conjunction with increased revenue levels, an increase in client reimbursement costs of $0.1 million, an increase in marketing costs of $0.1 million, an increase in sub-advisory fees of $0.1 million and an increase in insurance costs of $0.1 million.

Consolidated net income was $8.0 million. Net income attributable to Silvercrest was $3.7 million, or $0.48 per basic and diluted share for the nine months ended September 30, 2014. The Company’s Adjusted Net Income¹ was $7.6 million, or $0.62 per adjusted basic and diluted share⁴ for the nine months ended September 30, 2014.

2

Adjusted EBITDA¹ was $15.4 million or 29.7% of revenue for the nine months ended September 30, 2014 as compared to $12.8 million or 29.9% of revenue for the same period in the prior year.

Liquidity and Capital Resources

Cash and cash equivalents were $27.9 million at September 30, 2014, compared to $27.1 million at December 31, 2013. Silvercrest L.P. had notes payable of $8.1 million at September 30, 2014 and $8.3 million at December 31, 2013. As of September 30, 2014 and December 31, 2013, the principal balance on the Company’s revolving credit facility with City National Bank was $3.0 million. In July 2013, Silvercrest completed its initial public offering of 4,790,684 of its Class A common shares at $11.00 per share (the “IPO”). Silvercrest’s stock began trading on June 27, 2013 on NASDAQ under the symbol “SAMG”. The net proceeds from the IPO were $47.9 million. In connection with the IPO, the Company used a portion of the net proceeds to purchase 3,540,684 Class B units from partners of Silvercrest L.P. for $35.4 million. Furthermore, on July 12, 2013, Silvercrest sold an additional 718,603 shares of its Class A common stock at $11.00 per share pursuant to the underwriters’ exercise in full of the over-allotment option that Silvercrest granted to the underwriters in connection with its IPO. The net proceeds from this exercise were $7.4 million.

Total stockholders’ equity was $49.9 million at September 30, 2014. The Company had 7,658,010 shares of Class A common stock outstanding and 4,570,413 shares of Class B common stock outstanding at September 30, 2014.

Non-GAAP Financial Measures

To provide investors with additional insight, promote transparency and allow for a more comprehensive understanding of the information used by management in its financial and operational decision-making, the Company supplements its consolidated financial statements presented on a basis consistent with GAAP with Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Income, and Adjusted Earnings Per Share which are non-GAAP financial measures of earnings. These adjustments, and the non-GAAP financial measures that are derived from them, provide supplemental information to analyze the Company’s operations between periods and over time. Investors should consider the Company’s non-GAAP financial measures in addition to, and not as a substitute for, financial measures prepared in accordance with GAAP.

Conference Call

The Company will host a conference call on November 13, 2014, at 8:30am (Eastern Time) to discuss these results. Hosting the call will be Richard R. Hough III, Chief Executive Officer and President and Scott A. Gerard, Chief Financial Officer. Listeners may access the call by dialing 1-866-394-9665 or for international listeners the call may be accessed by dialing 1-253-237-1128. An archived replay of the call will be available after the completion of the live call on the Investor Relations page of the Silvercrest website at http://ir.silvercrestgroup.com.

Forward-Looking Statements And Other Disclosures

Certain statements in this release, and other written or oral statements made by or on behalf of the Company, are “forward-looking statements” within the meaning of the federal securities laws. Statements regarding future events and developments and Silvercrest’s future performance, as well as management’s current expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements are only predictions based on current expectations and projections about future events. These forward-looking statements are subject to a number of risks and uncertainties, and there are important factors that could cause actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Among the important factors that could cause actual results, level of activity, performance or achievements to differ materially from those indicated by such forward-looking statements are: fluctuations in quarterly and annual results, incurrence of net losses, adverse effects

3

of management focusing on implementation of a growth strategy, failure to develop and maintain the Silvercrest brand and other factors disclosed in the Company’s filings with the Securities and Exchange Commission, including those factors listed under the caption entitled “Risk Factors” in the Company’s annual report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Any discrepancies included in this release between totals and the sums of the amounts listed are due to rounding.

About Silvercrest

Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser. With offices in New York, Boston, Los Angeles and Virginia, Silvercrest provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors.

Silvercrest Asset Management Group Inc.

Contact: Richard Hough

212-649-0601

rhough@silvercrestgroup.com

4

Exhibit 1

Silvercrest Asset Management Group Inc.

Condensed Consolidated Statements of Operations

(Unaudited)

(in thousands, except share and per share amounts or as noted)

5

Exhibit 2

Silvercrest Asset Management Group Inc.

Reconciliation of GAAP to non-GAAP (“Adjusted”) Adjusted EBITDA Measure

(Unaudited and in thousands, except share and per share amounts or as noted)

6

Exhibit 3

Silvercrest Asset Management Group Inc.

Reconciliation of GAAP to non-GAAP (“Adjusted”)

Adjusted Net Income and Adjusted Earnings Per Share Measures

(Unaudited and in thousands, except per share amounts or as noted)

7

Exhibit 4

Silvercrest Asset Management Group Inc.

Condensed Consolidated Statements of Financial Condition

(in thousands, except par value data)

8

Exhibit 5

Silvercrest Asset Management Group Inc.

Total Assets Under Management

(Unaudited and in billions)

9

Exhibit 6

Silvercrest Asset Management Group Inc.

Discretionary Assets Under Management

(Unaudited and in billions)

10

Exhibit 7

Silvercrest Asset Management Group Inc.

Non-Discretionary Assets Under Management

(Unaudited and in billions)

11

Exhibit 8

Silvercrest Asset Management Group Inc.

Assets Under Management

(Unaudited and in billions)

12

Exhibit 9

Silvercrest Asset Management Group Inc.

Equity Investment Strategy Composite Performance^{1, 2}

As of September 30, 2014

(Unaudited)

PROPRIETARY EQUITY PERFORMANCE

as of 9/30/14

The Russell 1000 Index is a capitalization-weighted, unmanaged index that measures the 1000 largest companies in the Russell 3000. The Russell 1000 Value Index is a capitalization-weighted, unmanaged index that includes those Russell 1000 Index companies with lower price-to-book ratios and lower expected growth values.

The Russell 2000 Index is a capitalization-weighted, unmanaged index that measures the 2000 smallest companies in the Russell 3000. The Russell 2000 Value Index is a capitalization-weighted, unmanaged index that includes those Russell 2000 Index companies with lower price-to-book ratios and lower expected growth values.

The Russell 2500 Index is a capitalization-weighted, unmanaged index that measures the 2500 smallest companies in the Russell 3000. The Russell 2500 Value Index is a capitalization-weighted, unmanaged index that includes those Russell 2000 Index companies with lower price-to-book ratios and lower expected growth values.

The Russell 3000 Value Index is a capitalization-weighted, unmanaged index that measures those Russell 3000 Index companies with lower price-to-book ratios and lower forecasted growth.

13

Exhibit 10

Silvercrest Asset Management Group Inc.

Model Portfolio Performance

As of September 30, 2014

(Unaudited)

MODEL PORTFOLIO PERFORMANCE

as of 9/30/14

These model portfolios are not actual strategies in which clients can invest or allocate assets. They are hypothetical combinations of: (i) internally-managed strategies in which clients are invested and (ii) externally-managed funds or products in which clients are invested. We track three such portfolios depending on the overall strategy by which the securities purchased may be characterized. They are Income, Growth, and Balanced (Income and Growth). The returns shown assume annual rebalancing and reinvestment of dividends over the entirety of each of the periods shown. Some of the underlying returns used to calculate each portfolio’s returns were net of fees and some were gross of fees. The rates of return for each of the three portfolios are presented gross of investment management fees and custody fees, but include the deduction of estimated brokerage commissions and transaction costs. An investor’s actual return on a portfolio of the type shown would be reduced by the advisory fees and any other expenses it may incur in the management of the investment advisory account. For example, assume the Firm achieves a 10% annual return prior to the deduction of fees each year for a period of 10 years. If an annual investment management fee of 1% of assets under management for the 10 year period were charged, the resulting annual average return after fees would be reduced to 8.9%. Silvercrest’s standard annual asset-based fee schedule is described in Part 2 of its Form ADV, and outsourced manager’s standard annual asset-based fee schedules are described in Part 2 of each of their Form ADVs. Actual fees and expenses will vary depending on a variety of factors, including the size of a particular account. Generally, investment management fees are charged based upon the size of the portfolio, computed quarterly. An investor’s actual result would be different from those portrayed in the models. A reader should not infer or assume that any portfolio is appropriate to meet the objectives, situation or needs of a particular investor, as the implementation of any financial strategy, and the purchase or sale of any security, should only be made after consultation with an attorney, tax advisor and investment advisor. Past performance is no indication of future results.

The benchmark is a composite of the S&P 500 Index, the Barclays Capital Aggregate Index, and the HFRI Fund of Funds Composite Index. Each index’s blend is rebalanced annually. Index returns do not reflect a deduction for fees or expenses. Investors cannot invest directly in any of these indices.

The market indices used to compare to the performance of our strategies are as follows:

14