In accordance with Securities and Exchange Commission Release No. 34-47583, the following information, which is being furnished pursuant to the requirements of Item 2.02, "Results of Operations and Financial Condition," is being reported under Item 7.01, "Regulation FD Disclosure."

On October 23, 2008, Westwood Holdings Group, Inc. issued a press release entitled "Westwood Holdings Group, Inc. (NYSE: WHG) Reports Third Quarter 2008 Results and Declares Quarterly Dividend Assets Under Management Rise to $8.3 Billion at September 30, 2008 and Third Quarter Revenue Increases 15% Year-over-Year", a copy of which is furnished with this Current Report on Form 8-K as Exhibit 99.1. The information in this Current Report on Form 8-K shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended.

Westwood also announced today that its Board of Directors has approved the payment of a quarterly cash dividend of $0.30 per common share payable on January 2, 2009 to stockholders of record on December 15, 2008.

(d) Exhibits: The following exhibit is furnished with this report:

Exhibit Number                              Description

99.1             Press Release dated October 23, 2008, entitled "Westwood Holdings
                 Group, Inc. (NYSE: WHG) Reports Third Quarter 2008 Results and
                 Declares Quarterly Dividend Assets Under Management Rise to $8.3
                 Billion at September 30, 2008 and Third Quarter Revenue Increases
                 15% Year-over-Year".