Westwood Advisors, L.L.C (Dallas)

Name: Westwood Advisors, L.L.C
Address: 200 Crescent Court, Dallas, TX, 75201
Telephone: 2147566900

Westwood Advisors, L.L.C is a related adviser based in Dallas. It manages $61.41 million of regulatory assets for 200 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 20 other states.

Westwood Advisors, L.L.C provides portfolio management for individuals and small businesses, pension consulting services, and robo advisory platform. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Westwood Advisors, L.L.C: assets under management

The assets under management (AUM) of Westwood Advisors, L.L.C is $61.41 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -87% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $61.41 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $307.05 thousand each.

Westwood Advisors, L.L.C has custody of $9.13 million in cash and securities for 2 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is investment and business development companies, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Westwood Advisors, L.L.C for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Westwood Advisors, L.L.C serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Westwood Advisors, L.L.C is individuals with 81 clients and $42.92 million of assets under management. Among the 1 most similar advisory firms, Westwood Advisors, L.L.C has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $59.04 million for 121 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Westwood Advisors, L.L.C also advises several private funds. Namely, one real estate fund and one private equity fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Westwood Advisors, L.L.C

The company employs 47 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 16 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Art Neal Burtscher	President, western region and director	1 Nov 2010	Other	4334943
Inc. Westwood Holdings Group	Owner	1 Nov 2010	75% - 100%	75-2969997
Sylvia Ludwig Fry	Senior vice president and chief compliance officer	1 Nov 2010	Other	2931235
Julie Kramer Gerron	Senior vice president and general counsel	1 Nov 2010	Other	4525156
Richard Lee Jarvis	Senior vice president, director	1 Nov 2010	Other	1576967
William Ralph Hardcastle	Chief financial officer	1 Nov 2010	Other	2048742
Christopher James Macdonald	Vice president, director	1 Nov 2010	Other	1968164
Mark Alan Wallace	Chief financial officer	1 Nov 2012	Other	6175924
Tiffany Bennett Kice	Chief financial officer	1 Aug 2014	Other	6443556
John Anthony Ehinger	Vp, senior legal counsel, managing member	1 Mar 2017	Other	4870414
Nicholas Alan Wilwerding	Managing member	1 Mar 2017	Other	5178185
John Porter Montgomery	Managing member	1 Mar 2017	Other	3277934
Fabian Gomez	Chief operating officer	1 Feb 2018	Other	2457988
Murray Forbes	Svp, chief financial officer, treasurer	1 Nov 2018	Other	7091298

Based in Dallas

The principal office where Westwood Advisors, L.L.C performs its advisory services is located at 200 Crescent Court, Dallas, TX 75201, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 2147566900 or by fax 2147566979. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at westwoodfunds.com and its LinkedIn profile.