Board of Directors
Responsible for establishing and upholding broad polices within Silvercrest, our Board of Directors provides direction and support for achieving the firm’s current and future objectives. The Board is comprised of financial professionals who are deeply committed to Silvercrest’s rich heritage of client satisfaction and guiding the firm to even greater success in the future.
Richard R. Hough IIIChairman and Chief Executive Officer
Richard R. Hough III is our Chairman and Chief Executive Officer and a member of our board of directors. Mr. Hough served as President of SAMG LLC from 2012-2015 and as its Chief Operating Officer from July 2010-November 2013 when he assumed his duties as Chief Executive Officer. He has been a member of the firm’s Management Committee and Executive Committee since 2007. Mr. Hough, who joined us in 2003, has at various times held responsibility for all aspects of our operations, including corporate strategy and development. Previously, Mr. Hough served as the founding national program director of Children’s Scholarship Fund. Mr. Hough also worked in Washington, DC, as a managing editor and policy analyst. Mr. Hough is a member of the Board of Governors of the Investment Adviser Association, a not-for-profit organization that represents the interests of SEC-registered investment adviser firms. He serves on the advisory board of the New Criterion, a monthly review of the arts and intellectual life and on the executive board of Monmouth Council, Boy Scouts of America. Mr. Hough was graduated with a degree in politics from Princeton University.
Mr. Hough has been involved in the strategy of our company for over 12 years. His various leadership roles enable him to provide valuable insight on the strategic direction of the Company.
Winthrop B. Conrad, Jr.Director
Winthrop B. Conrad, Jr. is a member of our board of directors. Winthrop B. Conrad, Jr. is Senior Counsel, retired, of Davis Polk & Wardwell, LLP, a New York-based global law firm. Prior to July 2007, Mr. Conrad was a senior partner at Davis Polk, specializing in capital markets transactions, mergers and acquisitions and general corporate matters. Mr. Conrad is a graduate of Yale College and received his J.D. from Harvard Law School. Davis Polk has not performed and does not perform legal services for us.
Mr. Conrad has extensive experience with corporate transactions, as well as finance, which provides us with important perspectives in those areas. With his broad experience in corporate legal matters, Mr. Conrad is uniquely equipped to provide the board with insight into capitalization strategies, fiduciary matters, capital markets mechanics and strategic expansion opportunities.
Wilmot H. Kidd IIIDirector
Wilmot H. Kidd III is a member of our board of directors. Mr. Kidd is Chairman of the Board and President of Central Securities Corporation, a non-diversified, publicly traded, investment company. Mr. Kidd has served as its President since 1973 and became Chairman of its board of directors in 2010. Mr. Kidd graduated from Washington & Lee University with a B.S. and from Northwestern University with an M.B.A.
Mr. Kidd has been involved in the financial services industry generally and the financial aspects of the investment company environment specifically for many years. He has extensive financial expertise through his various roles in publicly traded investment companies. In addition, Mr. Kidd’s service as chairman of the board of another public company provides our company with valuable insights on corporate governance issues that face the board and our company.
Richard S. PechterDirector
Richard S. Pechter is a member of our board of directors. Mr. Pechter joined Donaldson, Lufkin & Jenrette in 1969 and spent his career there, retiring in 2000 as a Director of the parent and Chairman of DLJ’s Financial Services Group and DLJdirect. He is currently a Director of the Financial Industry Regulatory Authority, Inc., or FINRA and was previously a Director of the New York Stock Exchange Regulatory Authority. Mr. Pechter graduated from Yale and received his M.B.A. from the Harvard Business School, where he was a Baker Scholar.
Mr. Pechter has 42 years of experience in the investment management sector in various business, finance and strategic leadership roles. He has broad expertise and knowledge of the investment management business. Through his experience, Mr. Pechter has gained and developed extensive business, finance, distribution, marketing and leadership skills. Further, Mr. Pechter possesses an understanding of the regulatory aspects affecting our business through his relationships with FINRA and the New York Stock Exchange Regulatory Authority. These unique characteristics make him an important asset to our board, providing insight into the regulatory developments within our sector.
Albert S. MessinaDirector
Albert S. Messina is a member of our board of directors as well as the firm’s Executive Committee. Mr. Messina joined Silvercrest Asset Management at its founding as a Managing Director and portfolio manager of equity and fixed income portfolios. Prior to Silvercrest, Mr. Messina was a Managing Director at Credit Suisse Asset Management, where he served in a similar capacity. He arrived at CSAM as a result of that firm's merger with Donaldson, Lufkin & Jenrette (DLJ), where he had worked since 1983. Previously, he spent 14 years with Bankers Trust Company, where he advised private clients and oversaw the fiduciary department's Tax Services Division. Mr. Messina holds a B.A. in Economics from Brooklyn College.
Mr. Messina is a member of the Board of Directors of The Royal Oak Foundation, the American affiliate of The National Trust of England, Wales and Northern Ireland serving on the Investment and Programs Committees. He serves as co-President and Chairman of the Board of ArtWatch International, the international advocate for the proper conservation and stewardship of historically significant works of art. Mr. Messina is also on the board of The Training Institute for Mental Health which provides postgraduate psychoanalytic training for mental health professionals in addition to offering high quality therapy services.
Mr. Messina has extensive experience in managing client portfolios and providing financial and estate planning advice to individuals and families.