---
schema_version: "secwatch.filing_event.v1"
accession: "0001165002-23-000025"
form_type: "8-K"
ticker: "WHG"
cik: "0001165002"
company_name: "WESTWOOD HOLDINGS GROUP INC"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T10:39:24.934243+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Westwood Q4 rev $20.5M, net loss $3.1M; closed Salient acquisition

## Summary
- Q4 revenue $20.5M (+6% YoY); net loss $3.1M vs net income $2.8M a year ago, including $5.3M acquisition expenses.
- Acquisition of Salient Partners' asset management closed Nov 18; expected ~100% economic EPS accretion in first full year.
- AUM rose to $14.8B from $11.5B QoQ, with $2.7B from Salient; AUA increased to $1.3B.
- Declared $0.15/share quarterly dividend, payable April 3, 2023 to holders of record March 1.
- Multiple strategies beat benchmarks; SmallCap Value, AllCap Value, Select Equity ranked top 20th percentile.

## SEC filing metadata
- accession: 0001165002-23-000025
- form_type: 8-K
- ticker: WHG
- cik: 0001165002
- company_name: WESTWOOD HOLDINGS GROUP INC
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/0001165002-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/whg-20230215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001165002-23-000025
- JSON: https://secwatch.observer/filing/0001165002-23-000025.json
- Plain text: https://secwatch.observer/filing/0001165002-23-000025.txt

## Key facts
- Earnings Releases
  WESTWOOD HOLDINGS GROUP INC reported the quarter ended December 31, 2022 results: revenue $20.5 million, net income net loss of $3.1 million.
  - Period: the quarter ended December 31, 2022
  - Revenue: $20.5 million
  - Net income: net loss of $3.1 million
  - Result: reported results
  source text: We reported revenues totaling $20.5 million compared with $15.4 million in the third quarter and $19.4 million a year ago, and a net loss of $3.1 million compared with a net loss of $1.2 million in the third quarter and net income of $2.8 million in last year's fourth quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/0001165002-23-000025-index.htm
- Earnings Releases
  WESTWOOD HOLDINGS GROUP INC reported the fiscal year ended December 31, 2022 results: net income net loss of $4.6 million, EPS $(0.59) per share.
  - Period: the fiscal year ended December 31, 2022
  - Net income: net loss of $4.6 million
  - EPS: $(0.59) per share
  - Result: reported results
  source text: 2022 net loss of $4.6 million compared to 2021's net income of $9.8 million on lower revenues, higher expenses primarily related to the acquisition ($7.1 million, $1.8 million of which was incurred in the first three quarters of 2022 and included in earnings), and higher realized gains on private investments in 2021. Diluted EPS was $(0.59) per share compared with $1.23 per share for 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/0001165002-23-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.