Profile: Westwood Holdings Group Inc (WHG)
16 Aug 2019
Westwood Holdings Group, Inc. (Westwood), incorporated on December 12, 2001, is a holding company. The Company, through its subsidiaries, manages investment assets and provides services for its clients. The Company operates through two segments: Advisory and Trust. The Company's subsidiaries include Westwood Management Corp. and Westwood Advisors, LLC (together, Westwood Management), Westwood International Advisors Inc. (Westwood International) and Westwood Trust.
The Company's assets are categorized into three types of accounts: institutional, private wealth and mutual funds. Institutional includes separate accounts of corporate pension and profit sharing plans, public employee retirement funds, Taft-Hartley plans, endowments, foundations and individuals; sub advisory relationships where Westwood provides investment management services for funds offered by other financial institutions; pooled investment vehicles, including Undertakings for Collective Investment in Transferable Securities (UCITS) funds and collective investment trusts; and managed account relationships with brokerage firms and other registered investment advisors that offer Westwood products to their customers. Private Wealth includes assets for which Westwood Trust provides trust and custodial services and participation in common trust funds that it sponsors to institutions and high net worth individuals pursuant to trust or agency agreements and assets. Mutual Funds include the Westwood Funds, a family of mutual funds for which Westwood Management serves as advisor.
The Company's advisory segment includes Westwood Management and Westwood International, and encompasses three distinct investment teams: the United States Value Team, the Global Convertible Securities Team, and the Global and Emerging Markets Equity Team. Westwood Management provides investment advisory services to large institutions, including corporate retirement plans, public retirement plans, endowments and foundations. Institutional separate account minimums vary by investment strategy. Westwood Management also provides advisory services to individuals, the Westwood Funds and UCITS funds, as well as sub advisory services to other mutual funds and pooled investment vehicles. Westwood International provides investment advisory services to large institutions, pooled investment vehicles and UCITS funds, as well as sub advisory services to the National Bank Westwood Funds, which are mutual funds offered by National Bank of Canada. Westwood International provides advisory and sub advisory services to certain Westwood Funds, pooled investment vehicles and the United States institutions under the supervision of Westwood Management.
The Company, through Westwood Trust, provides fiduciary and investment services to high net worth individuals and families, non-profit endowments and foundations, public and private retirement plans and individual retirement accounts (IRAs). Westwood Trust's fiduciary services include financial planning, wealth transfer planning, customizable trust services, trust administration and estate settlement. Westwood Trust also provides custodial services, tax reporting, accounting of trust income and principal, beneficiary and retiree distributions, and safekeeping of assets. Westwood Trust manages separate portfolios of equity and fixed income securities for certain agency and trust clients. Westwood Trust also sponsors various common trust funds. Westwood Trust's common trust funds fall within two categories: personal trusts and employee benefit trusts. Westwood Trust also develops asset allocation models for certain clients utilizing mutual funds managed by Westwood Management and Westwood International, as well as from certain other mutual fund families.
Westwood Holdings Group Inc
200 Crescent Ct Ste 1200
DALLAS TX 75201-1807