September 26, 2012 Cerulli Associates Boston, MA 02116 Attn: Kristofer Hart, Account Manager BY FAX: 617-507-8129

Exhibit 23.5

September 26, 2012

Xxxxxxx Associates

000 Xxxxxxxx Xxxxxx

Xxxxxx, XX 00000

Attn: Xxxxxxxxx Xxxx, Account Manager

BY FAX: 000-000-0000

Re: Consent to being named in registration statement

Ladies and Gentlemen:

This letter agreement (“Consent Letter”) is being delivered to you in connection with the Registration Statement on Form S-1 (the “Registration Statement”), filed by Silvercrest Asset Management Group Inc. (the “Company”) with the Securities and Exchange Commission, which relates to the Company’s issuance of its Class A Common Stock. The Company requests your consent to be named in the Registration Statement and each amendment or supplement thereto as the source for the factual information and projections included on Exhibit A hereto.

Please acknowledge your consent to the foregoing by signing this Consent Letter in the space provided below and faxing it to the attention of the undersigned at the Company (fax number: 000-000-0000).

Sincerely,

/s/ Xxxxx Xxxxxxxx

Xxxxx Xxxxxxxx

General Counsel

ACKNOWLEDGED AND CONSENTED:
XXXXXXX ASSOCIATES
By:		/s/ XXXX XXXXXXX
Name:		XXXX XXXXXXX
Title:		PRESIDENT

SILVERCREST ASSET MANAGEMENT GROUP INC.

0000 XXXXXX XX XXX XXXXXXXX, XXX XXXX, XXX XXXX 00000 • (000) 000-0000

XXX.XXXXXXXXXXXXXXXX.XXX

Exhibit A

**********************

We operate in the multi-family office (MFO)/registered investment adviser (RIA) channel of private wealth management, the fastest growing sector of the market according to Xxxxxxx Associates. The aggregate assets of managers in this channel have doubled from 2005 to 2010, largely due to market share gains primarily from large financial institutions.

Our client relationships with ultra-high not worth individuals currently represent less than 1% of U.S. families with investable assets over $25 million. Our assets represent less than 5% of the $356 billion multi-family office (MFO)/registered investment adviser (RIA) channel, which, according to data from Xxxxxxx Associates, itself represents 8% of the estimated $4.6 trillion high net worth market.

Over the last 14 years, the number of households with over $5 million in net worth has grown at an annual rate of 12% per year, Xxxxxxx Associates estimates that 92% of the $4.6 trillion high net worth market is at firms outside the MFO/RIA channel.

Xxxxxxx Associates estimates that MFO/RIAs are the fastest growing firms in the wealth management industry. Assets have doubled over the last five years as they have taken greater market share, primarily from large financial institutions. Assets managed by MFO/RIAs grew from 2005-2010 at a CAGR of 14.9% as compared with a 4.3% CAGR for all high net worth providers. Xxxxxxx Associates further estimates that high net worth managed assets will grow at a 9.4% CAGR from 2010 through 2014. We are an RIA which is also regarded as an MFO, and thus we are well positioned to benefit from the growth Xxxxxxx Associates foresees.

Continuing our short-term growth strategy, we intend to establish offices in major wealth centers on the West Coast, in the Southwest and in the Midwest in order to be closer to both our clients and to prospective clients. The following chart identifies those U.S. cities which contain the greatest number of families with net worth of $30 million or more:

RANK		CITY		RESIDENTS WITH A NET WORTH > $30 XXXXXXX
0		Xxx Xxxx, XX			7,270
2		Los Angeles, CA			4,350
3		San Francisco, CA			4,230
4		Chicago, IL			2,550
5		Washington, DC			2,300
6		Houston, TX			2,250
7		Dallas, TX			1,855
8		Xxxxxxx, XX			000
0		Xxxxxx, XX			890
10		Seattle, WA			885

Source: Xxxxxxx Associates/Wealth-X