Chip Kelleher Joins Silvercrest Asset Management Group as Managing Director and Opens New Atlanta Office

Rhea-AI Summary

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) has announced the appointment of Chip Kelleher as Managing Director, who will lead the firm's expansion in the southern market by opening a new office in Atlanta, Georgia. Kelleher brings extensive experience in asset management and a strong network in the financial industry. The Atlanta office will serve as a key hub for Silvercrest's operations, offering comprehensive asset management and advisory services.

This expansion follows the success of Silvercrest's fast-growing Richmond, VA, office and aims to strengthen the firm's regional presence. The new office will provide a full suite of investment management services, including customized portfolio strategies and comprehensive financial planning, catering to the evolving needs of clients across diverse geographic regions.

Positive

• Expansion into the southern market with a new office in Atlanta
• Appointment of experienced Managing Director Chip Kelleher
• Strengthening regional presence and client service capabilities
• Potential for growth in the dynamic Atlanta financial center

Negative

• None.

ATLANTA, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) is pleased to announce that Chip Kelleher has joined the firm as a Managing Director. Kelleher will spearhead the further expansion of Silvercrest’s presence in the southern market by opening a new Atlanta, Georgia, office.

Kelleher brings with him a distinguished career in asset management and a robust network of relationships in the financial industry. He has a proven track record of delivering strategic investment solutions and fostering strong client relationships. At Silvercrest, Kelleher will leverage his expertise to enhance the firm's offerings and extend its reach.

“I am thrilled to welcome Chip to the Silvercrest team,” said Richard Hough, Chairman and CEO of Silvercrest Asset Management Group. “Chip’s extensive experience, proven success, and deep understanding of the financial landscape make him an invaluable addition to the firm. Our new Atlanta office will strengthen our regional presence and provide our clients with an elevated level of personalized service.”

The Atlanta office will serve as a key hub for Silvercrest’s operations in the southern market, providing comprehensive asset management and advisory services. The expansion underscores Silvercrest’s commitment to growth and to meeting the evolving needs of clients across diverse geographic regions. Silvercrest already has a fast-growing Richmond, VA, office, and works with a substantial number of families and select institutions throughout the Southeast.

“I am excited to join Silvercrest and to lead the firm’s expansion into the southern market,” said Kelleher. “Atlanta is a dynamic financial center with significant growth potential, and I look forward to building on Silvercrest’s reputation for excellence and innovation in asset management.”

The Atlanta office will provide a full suite of investment management services, including customized portfolio strategies and comprehensive financial planning.

About Silvercrest Asset Management
Silvercrest Asset Management Group is a leading independent wealth management firm dedicated to providing innovative investment solutions and personalized client service. With a focus on long-term growth and strategic planning, Silvercrest serves a diverse clientele, including high-net-worth individuals, families, and institutional investors. For more information, please visit www.silvercrestgroup.com.

FAQ

Who is Chip Kelleher and what is his new role at Silvercrest Asset Management Group (SAMG)?

Chip Kelleher has joined Silvercrest Asset Management Group (NASDAQ:SAMG) as a Managing Director. He will lead the firm's expansion in the southern market by opening and managing a new office in Atlanta, Georgia.

What services will Silvercrest's new Atlanta office offer?

The new Atlanta office will provide a full suite of investment management services, including customized portfolio strategies and comprehensive financial planning, serving as a key hub for Silvercrest's operations in the southern market.

How does the Atlanta office expansion align with Silvercrest's (SAMG) growth strategy?

The Atlanta office expansion underscores Silvercrest's commitment to growth and meeting client needs across diverse regions. It follows the success of their Richmond, VA office and aims to strengthen their presence in the Southeast, where they already work with numerous families and select institutions.

What is the significance of Silvercrest (SAMG) expanding into Atlanta?

Atlanta is described as a dynamic financial center with significant growth potential. The expansion into Atlanta allows Silvercrest to tap into this market, strengthen its regional presence, and provide an elevated level of personalized service to clients in the southern market.