Westwood Holdings Adds To Board

Vanessa Doctor

2 December 2010

Westwood Holdings Group has elected Martin Weiland to its board of directors.

Weiland is the former chairman, president and chief executive of Northern Trust Bank of Texas and brings over 35 years of experience in the trust and investment management industry. Prior to Northern Trust, he served senior positions at First Republic Bank, Texas Commerce Bank, and Continental Illinois Bank.

His appointment comes at an opportune time for the Dallas-based investment services firm, which just recently announced the takeover of McCarthy Group Advisors as part of an expansion strategy. McCarthy serves affluent investors and institutions.

Westwood operates through its two subsidiaries, Westwood Management and Westwood Trust. The former provides advisory services to corporate pension funds, public retirement plans, endowments and foundations, while Westwood Trust provides services to institutions and high net worth individuals.