FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 23, 2008

WESTWOOD HOLDINGS GROUP, INC.
(Exact name of registrant as specified in charter)

Delaware

001-31234

75-2969997

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

200 Crescent Court, Suite 1200

Dallas, Texas 75201

(Address of principal executive offices)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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.

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”.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


		WESTWOOD HOLDINGS GROUP, INC.


	By:	/s/ William R. Hardcastle, Jr.
		William R. Hardcastle, Jr.,
		Chief Financial Officer

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”.