Westwood Global Investments LLC (Boston)

Westwood Global Investments LLC is a large advisory firm based in Boston. It manages $9.4 billion of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Massachusetts and Texas.

Westwood Global Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. 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 Global Investments: assets under management

The assets under management (AUM) of Westwood Global Investments LLC is $9.4 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7420% since the beginning of its operation, and $608.48 million of the total AUM is attributable to clients outside of the United States.

The firm manages $9.4 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $391.67 million each.

Westwood Global Investments has custody of $4.48 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in derivatives form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Westwood Global Investments LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Westwood Global Investments serves?

The firm provides services to investment companies, charitable organizations, and pooled investment vehicles. The largest group of clients of Westwood Global Investments is pooled investment vehicles with 5 clients and $4.52 billion of assets under management. Among the 5 most similar advisory firms, Westwood Global Investments has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $7.94 billion for 17 clients. 16% of the firm’s clients are foreign persons or businesses.

Westwood Global Investments also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Westwood Global Investments LLC

The company employs 28 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Sheila Ann Stanton joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Margaret Mary Reynolds	Principal/chief executive officer	1 Jan 2003	50% - 75%	1687009
Bryan Lee Ward	Principal/chief financial officer	1 Jan 2003	50% - 75%	2084806
Sheila Ann Stanton	Chief compliance officer	1 Sep 2007	Other	1924439

Based in Boston

The principal office where Westwood Global Investments LLC performs its advisory services is located at One Financial Center, Boston, MA 02111, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-428-4040 or by fax 617-428-4069. The normal business hours are 9am - 5pm on Monday - Friday.