Silvetti achieved many successes and accolades throughout his long and prolific career. In 2004, Silvetti was honored posthumously as recipient of the 2003 Latin Grammy Award for Producer of the Year for his work on "Hasta Que Vuelvas" by Luis Miguel, "Quién Da un Peso Por Mis Sueños" by Armando Manzanero featuring Alex Lora and the albums "Rocío Dúrcal ... En Concierto Inolvidable" by Rocío Dúrcal and "Suma" by Ricardo Montaner. In 2002, he received the "Billboard" Producer of the Year Award. In 2001, he topped Billboard's year-end "Hot Latin Tracks Producer Chart."