Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-03

Silvercrest Asset Management Group (SAMG)

CEO Richard Hough III was paid $4,039,647 in fiscal year 2025, ↑ up 1.3% from fiscal year 2024 (SEC filing 0001193125-26-197178 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,039,647 ↑
Richard Hough III total, FY2025
—
CEO pay percentile vs peers
16:1
CEO-to-median pay ratio
60.13%
Say-on-pay support, latest vote

Track this company's pay every filing: join the Pro seat waitlist

Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year

A confirmation now and one email when Pro opens, and nothing else. Privacy

SAMG's next annual pay disclosure, estimated April 30, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Richard Hough III$900,000$1,400,000$0$1,600,000$0$0$139,647$4,039,647
Chairman, Chief Executive Officer and President
Matthew Arpano375,0003,114,000000056,4113,545,411
Managing Director and Portfolio Manager
J. Allen Gray500,0001,267,876000033,0261,800,902
Managing Director – Institutional Business
Scott Gerard391,6671,158,000158,15000062,1351,769,952
Chief Financial Officer
David Campbell391,667875,000000014,7501,281,417
General Counsel and Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Richard Hough III$4,039,647$3,988,958$5,641,698↑ +50,689
Matthew Arpano3,545,4113,461,272—↑ +84,139
J. Allen Gray1,800,9022,271,5042,484,137↓ −470,602
Scott Gerard1,769,9521,626,6941,313,802↑ +143,258
David Campbell1,281,4171,303,5781,180,159↓ −22,161

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

You have just read Silvercrest Asset Management Group's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper SAMG reports.

We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.

How we handle your data → Privacy

Companies that benchmark against SAMG
3 companies name SAMG as a compensation peer

Each company listed discloses SAMG in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SAMG in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
David CampbellGeneral Counsel$1,281,417
Richard Hough IIICEO$4,039,647
Scott GerardCFO$1,769,952
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Brian D. DunnIndependent Director$301,944
Darla M. RomfoIndependent Director$120,000
J. Allen GrayDirector—
Richard J. BurnsIndependent Director$125,000
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Brian D. DunnDirector2026-05-06A10,432$0$0RSUForm 4 ↗
Richard J. BurnsDirector2026-05-06A4,32200RSUForm 4 ↗
Darla M. RomfoDirector2026-05-06A4,32200RSUForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Scott GerardRSU2025-12-03——10,922—$158,151
Richard Hough IIIOPTION2025-12-10——509,481—1,600,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Scott Gerard$158,151$0$00.0%
Richard Hough III001,600,0000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Richard Hough IIIRSU41,254—$626,648
Scott GerardRSU10,239—155,530
Richard Hough IIIRSU19,747—299,961
Richard Hough IIIOption186,35314.65—
Scott GerardRSU10,922—165,905
Richard Hough IIIRSU25,598—388,826
Richard Hough IIIOption509,48115.29—
Scott GerardRSU5,501—83,553
David CampbellRSU2,030—30,839
David CampbellRSU1,091—16,572
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation program is designed to reward past performance at an individual, team, and company level, and encourages future contributions to achieving our strategic goals and enhancing stockholder value. The program aims to attract, retain, and motivate top-tier professionals while aligning the interests of our principals with those of our stockholders through a combination of cash and equity compensation.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-034,959,1782,220,8701,066,86760.13%Passed
20252025-06-045,983,1902,619,5751,440,88159.57%Passed
20242024-06-056,704,9753,448,0951,263,52358.73%Passed
20232023-06-0610,598,962496,544469,43391.65%Passed
20222022-06-0810,559,508287,617754,73491.02%Passed
20212021-06-028,919,009286,014440,26092.47%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0360.13%a
20252025-06-0459.57%b
20242024-06-0558.73%c

a. Approved under the standard stated in the filing — “Abstentions have the effect of a vote against the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions have the effect of a vote against the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions have the effect of a vote against the proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)16 : 1
CEO total compensation$4,039,647
Median employee compensation$247,000
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Brian D. DunnIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance$70,000$50,000$0$0$181,944$301,944
Richard J. BurnsIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance75,00050,000000125,000
Darla M. RomfoIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair)70,00050,000000120,000
Richard R. Hough IIIEmployee director · Board Chair000—00
J. Allen GrayEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$50,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)5,000 / 5,000 / 5,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$215,000
Equity awards (grant-date value)$150,000
All other compensation$181,944
Total cost of the board$546,944

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Silvercrest Asset Management Group2025Richard Hough III$900,000$0$1,600,000$0$4,039,647

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at Silvercrest Asset Management Group in fiscal 2025?
As disclosed, Richard Hough III (Chairman, Chief Executive Officer and President) was the highest-paid executive at Silvercrest Asset Management Group in fiscal 2025, with total compensation of $4,039,647.
What is Silvercrest Asset Management Group's CEO-to-median employee pay ratio?
As disclosed, Silvercrest Asset Management Group's CEO-to-median employee pay ratio was 16:1.
How did shareholders vote on Silvercrest Asset Management Group's executive compensation?
As disclosed, 60.13% of shareholders supported Silvercrest Asset Management Group's executive compensation in the latest say-on-pay vote.
How much does Silvercrest Asset Management Group spend in total on board compensation for fiscal 2025?
As disclosed, Silvercrest Asset Management Group reported total board compensation of $546,944 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Richard Hough IIIDEF 14A2026-04-300001193125-26-197178Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 4,039,647. Filing ↗machine: r4 · c18 · span 365210–365219
2Section 01, Matthew ArpanoDEF 14A2026-04-300001193125-26-197178Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 3,545,411. Filing ↗machine: r16 · c18 · span 449960–449969
3Section 01, J. Allen GrayDEF 14A2026-04-300001193125-26-197178Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 1,800,902. Filing ↗machine: r13 · c18 · span 428690–428699
4Section 01, Scott GerardDEF 14A2026-04-300001193125-26-197178Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 1,769,952. Filing ↗machine: r7 · c18 · span 386417–386426
5Section 01, David CampbellDEF 14A2026-04-300001193125-26-197178Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 1,281,417. Filing ↗machine: r10 · c18 · span 407553–407562
6Section 03, Scott Gerard RSUDEF 14A1900-01-010001193125-26-197178Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 506037–506044
7Section 03, Richard Hough III OPTIONDEF 14A1900-01-010001193125-26-197178Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 501747–501756
8Section 07, pay ratioDEF 14A2026-04-300001193125-26-197178Section “CEO Pay Ratio”. As printed: 16 : 1. Filing ↗
9Section 08, Brian D. DunnDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 301,944. Filing ↗machine: span 261262–261470
10Section 08, Richard J. BurnsDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 125,000. Filing ↗machine: span 254276–254484
11Section 08, Darla M. RomfoDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 120,000. Filing ↗machine: span 267940–268148
12Section 08, Richard R. Hough IIIDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, J. Allen GrayDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 0. Filing ↗
14Section 02, Brian D. Dunn 2026-05-06Form 42026-05-080001193125-26-214666Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, Richard J. Burns 2026-05-06Form 42026-05-080001193125-26-214671Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Darla M. Romfo 2026-05-06Form 42026-05-080001193125-26-214667Insider equity transaction reported since the proxy statement. Filing ↗
17Section 06, 2026 voteForm 8-K2026-06-030001193125-26-255406Item 5.07 · say-on-pay result. As reported: 60.13% (votes for as printed: 4,959,178). Filing ↗
18Section 06, 2025 voteForm 8-K2025-06-040000950170-25-081639Item 5.07 · say-on-pay result. As reported: 59.57% (votes for as printed: 5,983,190). Filing ↗
19Section 06, 2024 voteForm 8-K2024-06-050000950170-24-069290Item 5.07 · say-on-pay result. As reported: 58.73% (votes for as printed: 6,704,975). Filing ↗
20Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
21Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
22Section 09b board cost (computed)Computed——Cash 215,000 + equity 150,000 + all other 181,944 = 546,944, summed across the director compensation table rows.machine: formula: Σ = 546,944
23Silvercrest Asset Management Group (subject), Section 10b CEO totalDEF 14A2026-04-300001193125-26-197178CEO total compensation as printed in Silvercrest Asset Management Group's own proxy. As printed: 4,039,647. Filing ↗machine: r4 · c18 · span 365210–365219

The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.

You'll confirm on The Pay Desk's sign-up page.