DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Westwood Management Corp

Other adviserDallas, TexasCRD 110269SEC 801-18727websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 33 filings
SEC status approved since Apr 11, 1983
RAUM
$12B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
2.2%
$277M individuals and HNW
Advisors
13
registered through the firm on IAPD
RAUM per advisor
$958M
derived; firm RAUM over IAPD count
Employees
95
68 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$12B as of Mar 31, 2026
Mar 29, 2012$12B then
HNW client RAUM$81.7M as of Mar 31, 2026
Mar 30, 2018$290M then
State-registered IARs (5.B.3)12 as of Mar 31, 2026
Mar 27, 20131 then
Employees (5.A)95 as of Mar 31, 2026
Mar 27, 201358 then
Private funds: no history
RAUM -2.7% over the last fiscal year+2.2% a year over threeIARs 11 to 12offices 3 to 2
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
$958MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
13derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.3MderivedHNW RAUM over HNW clients
Average account
$50.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
37%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
7.3derivedItem 5.A over advisors
Advisors per office
4.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-2.7%derivedbetween the last two annual amendments
Advisor growth, one year
+9.1%derivedItem 5.B.3 between annual amendments
Client growth, one year
-16%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, otherreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • a related person acts as qualified custodian (9.D.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$5.8B46%
  • State and municipal entities$2.7B22%
  • Pooled investment vehicles$1.5B12%
  • Pension and profit-sharing plans$1.1B9.2%
  • Sovereign wealth funds$475M3.8%
  • Corporations and businesses$307M2.5%
  • Charitable organizations$248M2.0%
  • Individuals$196M1.6%
  • High-net-worth individuals$81.7M0.7%
Individual clients
146reported
HNW clients
19reported
Pension plan clients
10reported
Charitable clients
7reported
Accounts
249reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $23.6M managedreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.02 fund_share=0.58 institutional_share=0.37 related_bd=true related_bank=true bd_reps=27.0derived
Advisors registered through the firm
13 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Gregory Allen ReidHouston, Tx Aug 28, 201534 y7
David I FriedmanDallas, TxAug 5, 201921 y4
William J HunterDallas, TxNov 1, 201931 y2
Anibal Jose AngelDallas, Tx Feb 16, 202322 y3
Frank Theodore GardnerChartered Financial AnalystDallas, Tx May 1, 202324 y2
Dan Hall HindsChartered Financial AnalystHouston, Tx May 1, 202316 y2
Matthew Robert GranditsHouston, Tx May 1, 202314 y2
Parag Kirtikumar SanghaniChartered Financial AnalystDallas, Tx May 1, 202321 y1
Bradley Steven EisenWestport, Ct May 1, 202320 y5
Michael Carl BlazeDallas, Tx Jul 8, 202420 y3
Christopher James DoranDallas, Tx Aug 5, 202432 y2
Jamie Lee SchlagBlaine, Mn Jun 10, 202614 y2
Aidan William McnallySaint Paul, Mn Jun 10, 202614 y1
Advisor movement
1 left, 3 joined in 12 months
net +2 in 12 months1 left in 90 days1 joined in 90 daysdeparture rate 7.7% of current headcount4 left over 36 months
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Oconnor Brian Casey · President And Ceo, Directorcontrol
      since 01/2006 · owns less than 5%
    • John Ehinger · Senior Vice President, Head Of Legal, Chief Compliance Officercontrol
      since 03/2023 · owns less than 5%
    • Murray Forbes · Svp, Chief Financial Officer, Treasurercontrol
      since 11/2018 · owns less than 5%
    • Fabian Gomez · Chief Operating Officercontrol
      since 02/2018 · owns less than 5%
    • Byrne Susan Montgomery · Chairman And Directorcontrol
      since 02/1983 · owns less than 5%
    Entity owners
    • Westwood Holdings Group, Inc. · Owner
      direct · owns 75% or more · public reporting company
    Related persons
    Schedule D 7.A
    Advisers that list Westwood Management Corp as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Dallas, Tx · principal1321
    Houston, Tx600
    Huntington Beach, Ca000
    Offices
    Schedule D 1.F, the 25 largest
    • Houston, TX12 employees
    • Oak Brook, IL3 employees
    What changed
    consecutive filings, newest first
    • Accounts · 293 to 249
      Feb 17, 2026 to Mar 31, 2026
    • Advisory employees · 76 to 68
      Feb 17, 2026 to Mar 31, 2026
    • BD registered reps · 31 to 27
      Feb 17, 2026 to Mar 31, 2026
    • Charity clients · 8 to 7
      Feb 17, 2026 to Mar 31, 2026
    • Corporate clients · 15 to 7
      Feb 17, 2026 to Mar 31, 2026
    • HNW clients · 67 to 19
      Feb 17, 2026 to Mar 31, 2026
    • Individual clients · 130 to 146
      Feb 17, 2026 to Mar 31, 2026
    • Pension plan clients · 11 to 10
      Feb 17, 2026 to Mar 31, 2026
    • Pooled vehicle clients · 18 to 16
      Feb 17, 2026 to Mar 31, 2026
    • Employees · 103 to 95
      Feb 17, 2026 to Mar 31, 2026
    • State-registered IARs · 11 to 12
      Feb 17, 2026 to Mar 31, 2026
    • Other offices · 3 to 2
      Feb 17, 2026 to Mar 31, 2026
    • Discretionary RAUM · $13B to $12B
      Feb 17, 2026 to Mar 31, 2026
    • HNW RAUM · $79.8M to $81.7M
      Feb 17, 2026 to Mar 31, 2026
    • Individual RAUM · $156M to $196M
      Feb 17, 2026 to Mar 31, 2026
    • Pension RAUM · $1.3B to $1.1B
      Feb 17, 2026 to Mar 31, 2026
    • Pooled vehicle RAUM · $1.7B to $1.5B
      Feb 17, 2026 to Mar 31, 2026
    • RAUM · $13B to $12B
      Feb 17, 2026 to Mar 31, 2026
    • Wrap assets (manager) · $14.6M to $23.6M
      Feb 17, 2026 to Mar 31, 2026
    • Accounts · 307 to 293
      Apr 24, 2024 to Apr 11, 2025
    • Advisory employees · 68 to 76
      Apr 24, 2024 to Apr 11, 2025
    • Corporate clients · 12 to 15
      Apr 24, 2024 to Apr 11, 2025
    • HNW clients · 61 to 67
      Apr 24, 2024 to Apr 11, 2025
    • Individual clients · 180 to 130
      Apr 24, 2024 to Apr 11, 2025
    • Pension plan clients · 12 to 11
      Apr 24, 2024 to Apr 11, 2025
    • Employees · 98 to 103
      Apr 24, 2024 to Apr 11, 2025
    • Insurance-licensed employees · 1 to 0
      Apr 24, 2024 to Apr 11, 2025
    • Financial planning clients · unset to
      Apr 24, 2024 to Apr 11, 2025
    • State-registered IARs · 5 to 11
      Apr 24, 2024 to Apr 11, 2025
    • Other offices · 2 to 3
      Apr 24, 2024 to Apr 11, 2025
    • Discretionary RAUM · $12B to $13B
      Apr 24, 2024 to Apr 11, 2025
    • HNW RAUM · $70.7M to $79.8M
      Apr 24, 2024 to Apr 11, 2025
    • Individual RAUM · $210M to $156M
      Apr 24, 2024 to Apr 11, 2025
    • Pension RAUM · $1.2B to $1.3B
      Apr 24, 2024 to Apr 11, 2025
    • Pooled vehicle RAUM · $1.1B to $1.7B
      Apr 24, 2024 to Apr 11, 2025
    • RAUM · $12B to $13B
      Apr 24, 2024 to Apr 11, 2025
    • Wrap assets (manager) · $17.6M to $14.6M
      Apr 24, 2024 to Apr 11, 2025
    • Accounts · 467 to 307
      Mar 31, 2023 to Mar 29, 2024
    • Advisory employees · 70 to 68
      Mar 31, 2023 to Mar 29, 2024
    • BD registered reps · 36 to 31
      Mar 31, 2023 to Mar 29, 2024
    Signals
    11 dated events
    • Daniel Braun left Westwood Management Corp for Westwood Wealth Management (registered 2026-07-21)
      Jul 21, 2026 · Advisor changed firm · fact
    • Steven Craig Blokdyk left Westwood Management Corp for Crossmark Global Investments, Inc. (registered 2025-02-19)
      Jul 2, 2024 · Advisor changed firm · fact
    • Harvey Patrick Steele left Westwood Management Corp for Caz Investments L.P. (registered 2024-07-13)
      Jun 13, 2024 · Advisor changed firm · fact
    • Ronald Winston Cato left Westwood Management Corp for Victory Capital Management Inc. (registered 2024-06-06)
      Feb 14, 2024 · Advisor changed firm · fact
    • John Ehinger (Senior Vice President, Head Of Legal, Chief Compliance Officer) appeared on Schedule A of Westwood Management Corp
      Mar 31, 2023 · Control person joined · fact
    • Kramer Julie Gerron (Senior Vice President - General Counsel And Chief Compliance Officer) no longer on Schedule A of Westwood Management Corp (listed 2023-02-01, absent 2023-03-31)
      Mar 31, 2023 · Control person left · inference
    • Salient Capital Advisors, LLC's advisors moved to Westwood Management Corp (Houston, TX): 8 of 10 registered, on the same day
      Nov 21, 2022 · Firm absorbed (people side) · derived
    • Westwood Management Corp reported RAUM $13.2B, down 31% from $19.3B (2018-03-30 to 2019-03-30)
      Mar 30, 2019 · RAUM change · derived
    • Bennett Tiffany Kice (Chief Financial Officer) no longer on Schedule A of Westwood Management Corp (listed 2018-03-30, absent 2019-03-30)
      Mar 30, 2019 · Control person left · inference
    • Murray Forbes (Svp, Chief Financial Officer, Treasurer) appeared on Schedule A of Westwood Management Corp
      Mar 30, 2019 · Control person joined · fact
    • Richard Mark Freeman (Executive Vice President And Chief Investment Officer) no longer on Schedule A of Westwood Management Corp (listed 2018-03-30, absent 2019-03-30)
      Mar 30, 2019 · Control person left · inference
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    How to reach
    public business contact points only, each with its source
    Firm profile
    LINKEDIN.COM/COMPANY/1059301reportedpublic record, Form ADV, Sep 17, 2026
    Firm profile
    linkedin.com/company/westwoodholdingsgroupreportedpublic record, Form ADV, Sep 17, 2026
    Website
    westwoodetfs.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    214-756-6900reportedpublic record, Form ADV, Mar 31, 2026
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Other adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $958Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026