SAMG — what changed in the latest 10-Q
A section-by-section comparison of SAMG's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-07-30 vs the prior 10-Q · 2026-05-11
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +34 | −17 | ~25 | 65 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | −1 | ~3 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-07-30
For the three months ended June 30, 2026 and 2025, $7,389 and $6,826, respectively, of partner incentive payments were included in cash compensation and benefits expense in the Condensed Consolidated Statements of Operations. For the six months ended June 30, 2026 and 2025, $14,599 and $13,353, resp…
Our total revenue increased by $0.1 million, or 0.4% to $30.8 million for the three months ended June 30, 2026 from $30.7 million for three months ended June 30, 2025. This increase was mainly due to market appreciation partially offset by net client outflows during the period.
Six Months Ended June 30, 2026 versus Six Months Ended June 30, 2025
Our total revenue increased by $0.1 million, or 0.2% to $62.2 million for the six months ended June 30, 2026 from $62.1 million for six months ended June 30, 2025. This increase was mainly due to market appreciation partially offset by net client outflows during the period.
Total assets under management increased by $0.3 billion, or 0.8%, to $37.0 billion at June 30, 2026 from $36.7 billion at June 30, 2025. The increase was a result of market appreciation of $3.5 billion and client inflows of $4.5 billion, partially offset by client outflows of $7.7 billion. During th…
Text removed vs the prior filing · source: 10-Q · 2026-05-11
For the three months ended March 31, 2026 and 2025, $7,210 and $6,527, respectively, of partner incentive payments were included in cash compensation and benefits expense in the Condensed Consolidated Statements of Operations.
Our total revenue stayed flat at $31.4 million for the three months ended March 31, 2026 and March 31, 2025.
Our expenses for the three months ended March 31, 2026 and 2025 are set forth below:
For the three months ended March 31, 2026 and 2025, $7,210 and $6,527, respectively, of partner incentive payments were included in cash compensation and benefits expense in the Condensed Consolidated Statements of Operations.
Our expenses are driven primarily by our compensation costs. The table included in “—Expenses—Compensation and Benefits Expense” describes the components of our compensation expense for the three months ended March 31, 2026 and 2025. Other expenses, such as rent, professional service fees, data-rela…
Controls & procedures
Text removed vs the prior filing · source: 10-Q · 2026-05-11
Chief Financial Officer, evaluated the effectiveness of our internal control over financial reporting as of March 31, 2026, based on the 2013 version of the Internal Control - Integrated Framework set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control -…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice