Name | Value |
---|---|
Revenues | 22.9M |
Cost of Revenue | 3.5M |
Gross Profit | 19.4M |
Operating Expense | 8.4M |
Operating I/L | 0.9M |
Other Income/Expense | -4.0M |
Interest Income | 0.0M |
Pretax | -3.4M |
Income Tax Expense | -1.2M |
Net Income/Loss | -2.2M |
Westwood Holdings Group, Inc. manages investment assets and provides investment advisory and trust services. The company operates in two segments, Advisory and Trust. The Advisory segment offers investment advisory services to various clients, including corporate and public retirement plans, endowments, foundations, individuals, and mutual funds. The Trust segment provides trust and custodial services, as well as sponsors common trust funds for institutions and high net worth individuals. Through these services, Westwood Holdings Group generates revenue by charging fees for managing investment assets and providing advisory and trust services.