Silverymoon is the prime signatory state of the Confederation of the Silver Marches and therefore, viewed by many as the capital. It has been ruled for centuries by High Lady Alustriel Silverhand, a powerful wizard and one of the Seven Sisters, some of the most powerful individuals on Faerûn and also Chosen of Mystra, the goddess of magic. Recently, Alustriel stepped down, paving the way for her trusted advisor Taern “Thunderspell” Hornblade to ascend to the city’s supreme office. She is now the leader of the entire confederation.
Silverymoon is often dubbed “the Gem of the North”, for it resembles and emulates the lost elven city of Myth Drannor in many respects. It is one of the few civilized places in the middle of the rough and untamed wilderness that is the North of Faerûn. It has a rich cultural life and is renowned as a meeting place for all races that are morally inclined towards good. Even the occasional drow with good intentions can eventually find hospitality in the city of Silverymoon.
Silverymoon is also famous for its pervading tradition of magic, and is home to many notable wizards, sorcerers and other mages. One of its permanent structures, the Moonbridge, was created by magic.
The fighting force that protects Silverymoon is comprised of the famed Knights in Silver, currently led by a paladin named Sernius Alathar. There is also the Spellguard, an order of, primarily, wizards and sorcerers led by the half-elven wizard Jorus Azuremantle. The High Marshal of the Argent Legion, the army of the Confederation of the Silver Marches (comprised of soldiers from every signatory of the confederation) also resides in Silverymoon. The current High Marshal is a half-elf fighter/wizard by the name of Methrammar Aerasumé.