Silvercrest Secures MiFID License to Expand European Ultra-High-Net-Worth Services — Silvercrest Asset Management Group Inc.

Event summary

Silvercrest Asset Management secured a full MiFID license from the Central Bank of Ireland on September 11, 2026.
The firm manages $25 billion in discretionary assets under management as of June 30, 2026.
Silvercrest's Dublin office is led by Fintan Maher, a veteran family advisor, and Colm Galvin, a former portfolio manager.
The firm maintains a 5:1 client-to-professional ratio and 98% client retention.

The big picture

Silvercrest's MiFID license is a strategic move to tap into the growing demand for specialized wealth management services among ultra-high-net-worth individuals and institutional investors in Europe. The firm's focus on maintaining a high client-to-professional ratio and strong client retention suggests a disciplined approach to growth. This expansion comes amid increasing regulatory scrutiny and competition in the European wealth management sector.

What we're watching

Regulatory Compliance: How Silvercrest will leverage the MiFID license to expand its ultra-high-net-worth client base across Europe.
Market Penetration: Whether Silvercrest can sustain its high client retention rate as it scales operations in Ireland and beyond.
Execution Risk: The pace at which Silvercrest can integrate new hires and expand its service offerings in the European market.