Detail akcie Westwod online

Business Summary: Westwood Holdings Group, Inc. manages investment assets and provides services for clients through its subsidiaries, Westwood Management Corp., Westwood Advisors, L.L.C. and Salient Advisors, L.P. The Company’s segments include Advisory and Trust. The Advisory segment provides investment advisory services to corporate pension and profit-sharing plans, public employee retirement funds, Taft-Hartley plans, endowments, foundations and individuals, sub-advisory. It also provides investment management services to the Westwood Funds. The Company’s advisory business investment capabilities: United States Value Equity, Multi-Asset, Energy and Real Assets, Tactical Absolute Return, and Income Alternatives. The Trust segment provides trust and custodial services and participation in common trust funds that it sponsors to institutions and high-net worth individuals. It provides investment advisory services to institutional investors; a family of mutual funds called the Westwood Funds.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Westwood Holdings Group, Inc. revenues increased 2% to $45.4M. Net income decreased 99% to $53K. Revenues reflect Trust segment increase of 2% to $10.5M, Advisory segment increase of 1% to $38.1M. Net income was offset by Fair Value Adjustments on Other Assets increase from $4.1M (income) to $1.9M (expense), General and administrative increase of 13% to $5.9M (expense).