In this episode of the Global Investment Leaders podcast, Rosemont CEO Chas Burkhart is joined by Rick Hough, CEO of Silvercrest Asset Management Group, a leading US wealth management firm with approximately $29 billion in assets under management.* Founded in 2002, Silvercrest provides traditional and alternative investment advisory and family office services to wealthy families, institutional investors and endowments. 

Prior to becoming CEO, Hough worked closely with Silvercrest Founder Moffett Cochran to build the business and execute the firm’s strategy, with roles as president and chief operating officer. Cochran’s goal from the beginning was to create a publicly traded company, and Hough has executed that vision capably throughout his tenure.  During their conversation, Hough and Burkhart discuss Silvercrest's evolution and defining characteristics, the benefits and challenges publicly traded investment firms face, and Hough’s thoughts on Silvercrest’s future. 

Listen to learn more about:

• Hough’s unique background in the nonprofit world and what led him to Silvercrest
• Silvercrest’s hybrid architecture and the investment engine driving returns for clients
• How Silvercrest delivers institutional quality investment skills, a conflict-free model and exemplary client service in an increasingly crowded and competitive landscape
• Why Silvercrest became – and remains – one of the few publicly traded wealth management firms
• Hough’s leadership orientation and how he spends his day as CEO at Silvercrest 

When it comes to Silvercrest’s near- and long-term aspirations, Hough balances innovation with remaining focused on protecting the generations of capital with which the firm is entrusted. “Being conservative with capital does not mean you're unable to innovate…and there are a number of ways you can innovate on behalf of clients.” Hough cites technology as an important focus that is improving and deepening client relationships. 

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*Silvercrest Asset Management Group’s AUM at time of recording