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SEGMENT REPORTING
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
We operate two segments: Advisory and Trust. These segments are managed separately based on the types of products and services offered and their related client bases. The Company’s segment information is prepared on the same basis that management uses to review the financial information for operational decision-making purposes.
The Company's Chief Operating Decision Maker ("CODM"), our Chief Executive Officer, evaluates the performance of our segments based primarily on revenues. The CODM does not evaluate the performance of our segments on segment expenses so those have not been disclosed.
Westwood Holdings Group, Inc., the parent company of Advisory and Trust, does not have revenues and is the entity in which we record typical holding company expenses including employee compensation and benefits for holding company employees, directors’ fees and investor relations costs. All segment accounting policies are the same as those described in the summary of significant accounting policies. Intersegment balances that eliminate in consolidation have been applied to the appropriate segment.
Advisory
Our Advisory segment provides investment advisory services to (i) corporate pension and profit sharing plans, public employee retirement funds, Taft-Hartley plans, endowments, foundations and individuals, (ii) sub-advisory relationships where Westwood provides investment management services to the Westwood Funds®, funds offered by other financial institutions and funds offered by our Trust segment and (iii) pooled investment vehicles, including collective investment trusts. Westwood Management provides investment advisory services to similar clients, which are included in our Advisory segment.
Trust
Westwood Trust provides trust and custodial services and participation in common trust funds that it sponsors to institutions and high net worth individuals. Westwood Trust is included in our Trust segment.
(in thousands)AdvisoryTrustWestwood
Holdings		EliminationsConsolidated
Three Months Ended March 31, 2025
Net fee revenues from external sources$17,731 $5,429 $— $— $23,160 
Net intersegment revenues1,576 39 — (1,615)— 
Other, net92 — — — 92 
Total revenues$19,399 $5,468 $— $(1,615)$23,252 
Interest income$192 $131 $— $— $323 
Net income (loss)$3,533 $702 $(3,758)$— $477 
Segment assets$309,360 $44,849 $15,398 $(234,619)$134,988 
Segment goodwill$23,100 $16,401 $— $— $39,501 
Segment equity-method investments$4,208 $— $— $— $4,208 
Segment expenditures for long-lived assets$— $— $6 $— $6 
Three Months Ended March 31, 2024
Net fee revenues from external sources$16,817 $5,113 $— $— $21,930 
Net intersegment revenues1,574 58 — (1,632)— 
Other, net802 — — — 802 
Total revenues$19,193 $5,171 $— $(1,632)$22,732 
Interest income$210 $59 $— $— $269 
Net income (loss)$3,150 $368 $(1,352)$— $2,166 
Segment assets$286,921 $46,553 $13,465 $(197,897)$149,042 
Segment goodwill$23,100 $16,401 $— $— $39,501 
Segment equity-method investments$4,519 $— $— $— $4,519 
Segment expenditures for long-lived assets$1 $— $2 $— $3