WESTWOOD HOLDINGS GROUP Business Summary

Westwood Holdings Group Inc. (WHG) is a boutique investment management firm that generates revenue primarily through asset-based advisory fees and performance-based incentives across its Institutional, Wealth Management, and Trust segments. As of early 2026, the company manages approximately $17.4 billion in assets under management and advisement (AUM/AUA), with a strategic pivot toward high-growth vehicles including an expanded ETF platform and private energy secondaries funds, such as the oversubscribed Westwood Energy Secondaries Fund II. The firm distinguishes itself through high-conviction, fundamental research and specialized multi-asset solutions for institutional investors and high-net-worth individuals. Within the competitive landscape, Westwood operates alongside larger peers like T. Rowe Price Group and Eaton Vance, as well as direct boutique competitors such as Diamond Hill Capital Management and Silvercrest Asset Management Group, positioning itself as a specialized, agile alternative with deep expertise in energy infrastructure and income-oriented strategies. Founded in 1983 by Susan Byrne, who currently serves as Director Emerita, the leadership team is led by Brian O. Casey, who has served as CEO since 2005 and spearheaded the company’s 2002 spin-off into a public entity. The executive suite includes Fabian Gomez as President and Chief Operating Officer, and Murray "Terry" Forbes III as Chief Financial Officer and Treasurer, both of whom bring extensive experience in operational scaling and financial governance. The firm’s strategic direction is further guided by a board of directors featuring Chairman Randy Bowman and notable members such as tech entrepreneur Jan Ryan and energy finance veteran Katherine Murray. Major institutional backers include Allspring Global Investments, Gamco Investors, and Renaissance Technologies, reflecting a stable shareholder base that supports Westwood’s long-term focus on innovative investment solutions and client-centric wealth services.