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Terms of Use and Policies

1. Acceptance of the Terms and Conditions

1.1 Silvercrest Asset Management Group LLC (herein referred to as the “Company,” “we,” “us” or “our”) provides and makes available this web site (the “Web Site”). All use of this Web Site is subject to the terms and conditions contained in this Terms of Use Agreement (the “Agreement”). By accessing, browsing or using this Web Site, you acknowledge that you have read, understood, and agree to be bound by this Agreement. If you do not accept the terms and conditions of this Agreement, do not access, browse or use the Web Site.

1.2 You understand and agree that we may change this Agreement at any time without prior notice. You may read a current, effective copy of this Agreement at any time by selecting the “Terms of Use” link on the Web Site. If any change to this Agreement is not acceptable to you, your sole remedy is to cease accessing, browsing and using the Web Site. Any use of the Web Site after changes are made to the Agreement shall constitute your acceptance of such revised terms and conditions.

2. Use of the Web Site.

2.1 This Web Site contains material, including but not limited to works of original authorship, software, text, graphics and images (collectively referred to as the “Content”). We may own the Content. Portions of the Content may be made available to us for distribution through arrangements that we have with third parties. The Content is protected by copyright under both United States and foreign laws. Unauthorized use of the Content may result in violation of copyright, trademark, and other laws. Except as to information regarding your securities and positions, you agree not to use the Content except as permitted under this Agreement. No other use is permitted without prior written consent from us. Clients of Silvercrest may print copies of pages on our site for their own lawful, personal, non-commercial use. In so doing, they must retain all copyright and other proprietary notices contained in the original Content. You may not sell, transfer, assign, license, sublicense, or modify the Content or reproduce, display, publicly perform, make a derivative version of, distribute, or otherwise use the Content in any way for any public or commercial purpose. The use or posting of the Content on any other web site or in a networked computer environment for any purpose is expressly prohibited.

2.2 The trademarks, service marks, and logos of the Company (the “Company Trademarks”) used and displayed on this Web Site are registered and unregistered trademarks or service marks of the Company. Other company, product, and service names located on the Web Site may be trademarks or service marks owned by third parties (the “Third-Party Trademarks”, and, collectively with the Company Trademarks, the “Trademarks”). Nothing on this Web Site should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any Trademark displayed on this Web Site without the prior written consent of the Company specific for each such use. The Trademarks may not be used to disparage the Company or the applicable third-party, the Company’s or third-party’s products or services, or in any manner (using commercially reasonable judgment) that may damage any goodwill in the Trademarks. Use of any Trademarks as part of a link to or from any site is prohibited unless the Company, in advance, in writing, approves the establishment of such a link. All goodwill generated from the use of any Company Trademark shall inure to the Company’s benefit.

2.3 No user of this Web Site may (a) take any action that imposes an unreasonable load on the Web Site’s infrastructure, (b) use any device, software or routine to interfere or attempt to interfere with the proper working of the Web Site or any activity being conducted on the Web Site, (c) attempt to decipher, decompile, disassemble or reverse engineer any of the software comprising or making up the Web Site, (4) delete or alter any material posted by any other person or entity, or (5) frame or link to any of the materials or information available from the Web Site.

2.4 The Web Site may contain links to third party web sites (“External Sites”). These links are provided solely as a convenience to you and not as an endorsement by us of the content on such External Sites. The content of such External Sites is developed and provided by others. You should contact the site administrator or Webmaster for those External Sites if you have any concerns regarding such links or any content located on such External Sites.

We are not responsible for the content of any linked External Sites and do not make any representations regarding the content or accuracy of materials on such External Sites. You should take precautions when downloading files from all web sites to protect your computer from viruses and other destructive programs. If you decide to access linked External Sites, you do so at your own risk.

3. Limit of Liability and Warranty.

3.1 THE COMPANY, ITS AFFILIATES, THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SUPPLIERS, OR LICENSORS (COLLECTIVELY, THE “COMPANY PARTIES“) MAKE NO WARRANTIES OR REPRESENTATIONS ABOUT THE CONTENT, INCLUDING BUT NOT LIMITED TO ITS ACCURACY, RELIABILITY, COMPLETENESS, TIMELINESS, OR RELIABILITY. THE COMPANY PARTIES SHALL NOT BE SUBJECT TO LIABILITY FOR TRUTH, ACCURACY, OR COMPLETENESS OF ANY INFORMATION CONVEYED TO THE USER OR FOR ERRORS, MISTAKES OR OMISSIONS THEREIN OR FOR ANY DELAYS OR INTERRUPTIONS OF THE DATA OR INFORMATION STREAM FROM WHATEVER CAUSE. YOU AGREE THAT YOU USE THE WEB SITE AND THE CONTENT AT YOUR OWN RISK. THE COMPANY PARTIES DO NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THIS WEB SITE, ITS SERVER, OR THE CONTENT ARE FREE OF COMPUTER VIRUSES OR SIMILAR CONTAMINATION OR DESTRUCTIVE FEATURES. IF YOUR USE OF THE WEB SITE OR THE CONTENT RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, NO COMPANY PARTY SHALL BE RESPONSIBLE FOR THOSE COSTS. THE WEB SITE AND CONTENT ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY PARTIES DISCLAIM ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE WARRANTY OF TITLE, MERCHANTABILITY, NON-INFRINGEMENT OF THIRD PARTIES’ RIGHTS, AND FITNESS FOR PARTICULAR PURPOSE.

3.2 IN NO EVENT SHALL ANY COMPANY PARTY BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE CONTENT, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER LEGAL THEORY, EVEN IF A COMPANY PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

3.3 Some states do not allow exclusion of implied warranties or limitation of liability for incidental or consequential damages, so the above limitations or exclusions may not apply to you. IN SUCH STATES, THE LIABILITY OF THE COMPANY PARTIES SHALL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.

4. Indemnification. You agree to defend, indemnify, and hold harmless the Company, from and against any claims, actions or demands, including, without limitation, reasonable legal and accounting fees, arising or resulting from your breach of this Agreement or your access to, use or misuse of the Content or Web Site. The Company shall provide notice to you of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding. The Company reserves the right to assume the exclusive defense and control of any matter which is subject to indemnification under this section. In such case, you agree to cooperate with any reasonable requests assisting the Company’s defense of such matter.

5. Termination of the Agreement.

5.1 Termination. The Company reserves the right, in its sole discretion, to restrict, suspend, or terminate this Agreement and your access to all or any part of the Web Site or the Content, at any time and for any reason without prior notice or liability. The Company reserves the right to change, suspend, or discontinue all or any part of the Web Site or the Content at any time without prior notice or liability.

5.2 Survival. If this Agreement is terminated, Sections 2 (Use of the Web Site), 3 (Limit of Liability and Warranty), 4 (Indemnification), 5 (Termination of Agreement), 6 (No Framing), and 9 (Miscellaneous) shall survive the termination of this Agreement.

6. No Framing. Elements of the Web Site are protected by trade dress, trademark, unfair competition, and other state and federal laws and may not be copied or imitated in whole or in part, by any means, including but not limited to, the use of framing or mirrors, except where allowed in Section 2. None of the Content for this Web Site may be retransmitted without express written consent from the Company for each and every instance.

7. User Must Comply with Applicable Laws.

7.1 This Web Site is based in and operated out of the State of New York. We make no claims concerning whether the Content may be downloaded, viewed, or be appropriate for use outside of the United States. If you access the Web Site or the Content from outside of the United States, you do so at your own risk. Whether inside or outside of the United States, you are solely responsible for ensuring compliance with the laws of your specific jurisdiction.

7.2 The United States controls the export of products and information. You expressly agree to comply with such restrictions and not to export or re-export any of the Content to countries or persons prohibited under the export control laws. By downloading the Content, you are expressly agreeing that you are not in a country where such export is prohibited or are a person or entity for which such export is prohibited. You are solely responsible for compliance with the laws of your specific jurisdiction regarding the import, export, or re-export of the Content.

8. U.S. Government Restricted Rights. The Content is provided with “RESTRICTED RIGHTS.” Use, duplication, or disclosure by the Government is subject to the restrictions contained in 48 CFR 52.227-19 and 48 CFR 252.227-7013 et seq. or its successor. Use of the Web Site or Content by the Government constitutes acknowledgement of our proprietary rights in the Web Site and Content.

9. Miscellaneous.

9.1 This Agreement is governed by the internal substantive laws of the State of New York, without respect to its conflict of laws provisions. You expressly agree to submit to the exclusive personal jurisdiction of the United States District Court for the Southern District of New York.

9.2 If any provision of this Agreement is found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of this Agreement, which shall remain in full force and effect.

9.3 Failure of the Company to act on or enforce any provision of the Agreement shall not be construed as a waiver of that provision or any other provision in this Agreement. No waiver shall be effective against the Company unless made in writing, and no such waiver shall be construed as a waiver in any other or subsequent instance.

9.4 Except as expressly agreed by the Company and you, this Agreement constitutes the entire Agreement between you and the Company with respect to the subject matter, and supercedes all previous or contemporaneous agreements, whether written or oral, between the parties with respect to the subject matter.

9.5 The section headings are provided merely for convenience and shall not be given any legal import.

9.6 This Agreement will inure to the benefit of our successors, assigns, licensees, and sublicensees.

9.7 Any information submitted or provided by you to the Web Site might be publicly accessible. Important and private information should be protected by you. The Company is not liable for protection of privacy of electronic mail or other information transferred through the Internet or any other network that you may use.

Your Privacy is Important to Us

At Silvercrest, we understand that our relationship with you is based on trust. This is reflected in everything we do, including the way we handle our clients’ nonpublic personal information. The following disclosure explains what personal information we collect, what we do with that information and the steps we have put in place to protect the nonpublic personal information you have entrusted to us.

If you have received a separate client privacy notice from us, as listed below, please refer to that notice for information on how we will collect and process your personal data for the provision of our products or services. For California residents, please see below.

Information We Collect

From time to time, we gain access to your personal information through:

  • Our interaction with you on the telephone, in person or through e-mail
  • Account Applications or other forms you complete
  • Transactions in your accounts or on your behalf
  • Our website or the websites of our affiliated companies
  • Trading tools or other information tools we may make available to you
  • Third parties with whom we deal

The categories of personal information that we collect and process in order to provide our products and services include:

  • Our website or the websites of our affiliated companies
  • Trading tools or other information tools we may make available to you
  • Third parties with whom we deal

Transactional details (e.g. client account information as well as information about services, requests, queries or complaints)It is the policy of Silvercrest, in collecting personal information in the course of business to:

  • protect the confidentiality of your personal information;
  • prohibit the unlawful disclosure of your personal information; and
  • limit access to such personal information.

What We Use Personal Information For

Personal information is used to manage the relationship with our clients, to comply with a legal obligation, and/or because we have a legitimate interest. This will include the following:

  • For research and statistical analysis with the aim of improving our services
  • To validate authorized signatories when concluding agreements and transactions;
  • To contact individuals in connection with existing transactions and contractual agreements;
  • For risk management, for fraud detection and prevention, including know your customer, antimoney laundering, due diligence requirements, credit checks, compliance with sanction rules, fraud monitoring, and tax reporting;
  • To comply with laws and regulations (including any legal or regulatory guidance, codes oropinions);
  • To send administrative information to you, such as changes to our terms, conditions and policies.

What We Use Personal Information For

It is Silvercrest policy not to disclose any of your nonpublic personal information to third parties without your consent, unless those parties are providing services or support to us and have agreed to keep your nonpublic personal information confidential. Examples of these parties include the custodians with which you have entrusted your assets, our attorneys and the firm(s) that perform our internal auditing. Even if you cease to transact business with Silvercrest, we will continue to apply the same protections to your nonpublic personal information as we did when you were an active client.

The Silvercrest Family of Companies

Silvercrest Asset Management Group LLC is at the center of a small family of related companies which are owned in whole or in part by Silvercrest L.P. These affiliated companies allow us to provide greater value to our customers, employees and shareholders. In the course of our business, employees or representatives of various Silvercrest affiliates will have access to your nonpublic personal information. They have agreed to hold your information confidential and to comply with the privacy policy established by Silvercrest.

Protecting Your Information

Silvercrest protects your nonpublic information from access by third parties by maintaining physical, electronic and procedural safeguards. We limit access to your information to those employees who are trained in the proper handling of nonpublic client information and who need access to the information to perform their job functions. We do not share your information for marketing purposes.

Federal law gives you the right to limit some but not all disclosure (or sharing) of your information. State laws may give you additional rights to limit sharing. You can limit our sharing information: (i) about your creditworthiness with our affiliates; and (ii) with anyone for marketing purposes.

For more information, to find out what personal information of yours we have collected, or to update your personal information, please contact the Office of the General Counsel at Silvercrest at 212-649-0623.

For separate client privacy notices received from us, please refer to these, as applicable:
Silvercrest European Investor Privacy Policy Notice
Silvercrest Cayman Funds – Cayman DPL Notice
Silvercrest California Residents Privacy Policy

Employees of Silvercrest always have a responsibility to treat others with dignity and respect, in keeping with the firm’s principles. All employees are expected to exhibit conduct that reflects respect for and collegiality toward each individual during work, at work functions in or out of the office, and at all other company-sponsored events.

Silvercrest Asset Management Group embraces and cultivates a culture of diverse ideas and backgrounds. Our employees are the most important assets at the firm. Their individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent makes us a better firm. We are committed to an inclusive work environment and value our employees’ differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics.

We seek to attract talent from the broadest candidate pools possible. Our commitment to diversity affects our practices and policies with respect to recruitment and hiring; compensation and benefits; professional development and training; promotions; transfers; social and recreational programs; layoffs; and terminations. We seek a work environment that encourages and enforces:

  • Respectful communication and cooperation between all employees;
  • Teamwork and employee participation, permitting the representation of all groups and employee perspectives;
  • Work/life balance through flexible work schedules to accommodate employees’ varying needs.
  • Employer and employee contributions to and involvement in the communities we serve.