The Silvercrest Podcast

In this latest Silvercrest Market Update, our Chairman & CEO, Richard Hough, and Robert Teeter, Silvercrest Chief Investment Strategist break down the Fed’s latest rate cut, what it signals for the economy, and how it could support valuations in an expensive market. They also explore risks, the role of AI-driven productivity, and whether more cuts may follow this year.Important Disclosure:This communication was recorded on September 17, 2025 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Hough. No part of Mr. Teeter’s or Mr. Hough's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed.

Important Disclosure: This communication was recorded on May 29, 2025 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Brown and Mr. Kelleher. No part of Mr. Brown’s or Mr. Kelleher’s compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

How are companies finding earnings growth in today's economy? Silvercrest's Chairman & CEO, Richard Hough, and Robert Teeter, Chief Investment Strategist, discuss inflation, tariffs, and corporate earnings growth in the Silvercrest Podcast.. Important Disclosure:This communication was recorded on June 5, 2025 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Hough. No part of Mr. Teeter’s or Mr. Hough's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

Silvercrest's Chairman & CEO, Richard Hough, and Robert Teeter, Chief Investment Strategist, discuss the current economy. Important Disclosure:This communication was recorded on May 14, 2025 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Hough. No part of Mr. Teeter’s or Mr. Hough's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

Silvercrest's Chairman & CEO, Richard Hough, and Robert Teeter, Chief Investment Strategist, discuss their recent trip together to China. Important Disclosure:This communication was recorded on May 7, 2025 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Hough. No part of Mr. Teeter’s or Mr. Hough's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

Silvercrest's Chief Investment Strategist Robert Teeter, and Rehan Chaudhri, Global Equity Portfolio Manager, discuss markets and the economy. Important Disclosure:This communication was recorded on April 15, 2025 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Chaudhri. No part of Mr. Teeter’s or Mr. Chaudhri's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

Silvercrest's Chairman & CEO, Richard Hough, and Robert Teeter, Chief Investment Strategist, provide a market update. Important Disclosure:This communication was recorded on April 3, 2025 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Hough. No part of Mr. Teeter’s or Mr. Hough's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

Silvercrest's Chairman & CEO, Richard Hough, and Robert Teeter, Chief Investment Strategist, provide a market update. Important Disclosure:This communication was recorded on April 3, 2025 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Hough. No part of Mr. Teeter’s or Mr. Hough's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed.

The Silvercrest Podcast, Episode 11 Robert Teeter, Silvercrest's Chief Investment Strategist, and Patrick Chovanec, Silvercrest Economic Advisor discuss GDP and how it is calculated in our podcast series on understanding economic data. We'd love to hear from you! Contact us at www.silvercrestgroup.com/contact Important Disclosure: This communication was recorded on October 11, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Chovanec. No part of Mr. Teeter’s or Mr. Chovanec's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

The Silvercrest Podcast, Episode 10 Robert Teeter, Silvercrest's Chief Investment Strategist, and Patrick Chovanec, Silvercrest Economic Advisor discuss inflation in our podcast series on understanding economic data. We'd love to hear from you! Contact us at www.silvercrestgroup.com/contact Important Disclosure: This communication was recorded on October 11, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Chovanec. No part of Mr. Teeter’s or Mr. Chovanec's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

The Silvercrest Podcast, Episode 9 Robert Teeter, Silvercrest's Chief Investment Strategist, and Patrick Chovanec, Silvercrest Economic Advisor kick off our podcast series on understanding economic data. We'd love to hear from you! Contact us at www.silvercrestgroup.com/contact Important Disclosure: This communication was recorded on September 19, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Chovanec. No part of Mr. Teeter’s or Mr. Chovanec's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

The Silvercrest Podcast, Episode 8. In this episode, Jennifer Baker and Judy Morrill, Silvercrest Portfolio Managers, discuss their experience helping women reach their financial goals. We'd love to hear from you. Contact us at www.silvercrestgroup.com/contact Important Disclosure: This communication was recorded on August 5, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mrs. Baker and Mrs. Morrill. No part of Mrs. Baker's or Mrs. Morrill's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

The Silvercrest Podcast, Episode 7. In this episode, Alex Waldorf, Silvercrest Senior Analyst and Bernard Paternina, Silvercrest Portfolio Manager, discuss Alex's recently published article and answer questions pertaining to Bitcoin's energy consumption. We'd love to hear from you. Contact us at www.silvercrestgroup.com/contact Important Disclosure: This communication was recorded on July 1, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Waldorf and Mr. Paternina. No part of Mr. Waldorf's or Mr. Paternina's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

The Silvercrest Podcast, Episode 6. In this episode, Rohan Kalyanpur, Silvercrest Chief Technology Officer and Jeff Nevins, Silvercrest Portfolio Manager, discuss how companies are racing to experiment, implement or innovate using the latest Artificial Intelligence technology. We'd love to hear from you. Contact us at www.silvercrestgroup.com/contact Important Disclosure: This communication was recorded on June 17, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Kalyanpur and Mr. Nevins. No part of Mr. Kalyanpur's or Mr. Nevins' compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

The Silvercrest Podcast, Episode 5. In this episode, Patrick Chovanec, Silvercrest Economic Advisor, and Al Chan, a Portfolio Manager of Silvercrest's International Value Equity team, discuss Taiwan's role in the semiconductor industry and the global economy at large. We'd love to hear from you. Contact us at www.silvercrestgroup.com/contact Important Disclosure: This communication was recorded on May 1, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Chan and Mr. Chovanec. No part of Mr. Chan's or Mr. Chovanec's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

In this episode, Silvercrest Chairman & CEO, Rick Hough, and Robert Teeter, Chief Investment Strategist, discuss the economy and markets. Important Disclosure: This communication was recorded on June 4, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Hough. No part of Mr. Teeter’s or Mr. Hough's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed.

Robert Teeter, Silvercrest's Chief Investment Strategist, and Patrick Chovanec, Silvercrest Economic Advisor discuss the current state of Saudi Arabia and its ongoing socio-economic transformation. Important Disclosure: This communication was recorded on April 17, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Chovanec. No part of Mr. Teeter’s or Mr. Chovanec's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

Robert Teeter, Silvercrest's Chief Investment Strategist, and Patrick Chovanec, Silvercrest Economic Advisor discuss the latest news on Mexico's economic and political situation and its current relationship with the U.S. Important Disclosure: This communication was recorded on April 4, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Chovanec. No part of Mr. Teeter’s or Mr. Chovanec's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC

Robert Teeter, Silvercrest's Chief Investment Strategist, and Patrick Chovanec, Silvercrest Economic Advisor discuss Japan's recent market news and provide some history of the country's economics.   Important Disclosure: This communication was recorded on March 14, 2024 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Teeter and Mr. Chovanec. No part of Mr. Teeter’s or Mr. Chovanec's compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC