TWFG Inc

More Details of TWFG Inc Company

TWFG, Inc. provides an independent distribution platform for personal and commercial insurance in the United States. Its offerings are fulsome and flexible in that it offers all lines of insurance, multiple distribution contract options, mergers and acquisitions (M&A) services, proprietary virtual assistants, proprietary technology, proprietary premium financing, unlimited continuing education, recognition programs, co-op funding, marketing support and overall lower costs to operate. Its business model, developed by agents for agents, serves over 2,400 TWFG Agencies and offers a distinctive level of autonomy and entrepreneurial opportunity. It provides TWFG Agencies with resources, technology, training, and insurance carrier access to succeed in an increasingly complex market. Its independent distribution platform offers its branches and managing general agency (MGA) agencies a choice of contracts to execute with it, including branch contracts, MGA contracts and producer contracts.

Company Info

Company codeTWFG

Company nameTWFG Inc

IPO dateJul 18, 2024

Founded at2024

CEOMr. Richard (Gordy) Bunch, III

Number of employees- -

Security typeOrdinary Share

Fiscal year-endJul 18

Address1201 Lake Woodlands Drive

CityTHE WOODLANDS

Stock exchangeNASDAQ Global Select Consolidated

CountryUnited States of America

Postal code77380

Phone12813673424

Websitehttps://www.twfg.com

Company codeTWFG

IPO dateJul 18, 2024

Founded at2024

Company Executives

Name

Name/Position

Position

Shareholding

Change

Ms. Michelle Caroline Bunch

Director

335.68K

+2.71K%

Ms. Katherine Nolan

Chief Operating Officer

93.52K

--

Mr. Charles Alexander Bunch

Chief Creative and Marketing Officer

44.20K

+6.22%

Ms. Janet S. Wong

Independent Director Nominee

8.62K

+69.36%

Mr. Jonathan Anderson

Independent Director

6.12K

--

Ms. Robin A. Ferracone

Independent Director Nominee

--

Ms. Julie Benes

General Counsel, Secretary

--

Mr. Michael Doak

Independent Director

--

Ms. Janice E. Zwinggi

Chief Financial Officer

--

Mr. Eugene N. Padgett

Chief Accounting Officer

--

Name

Name/Position

Position

Shareholding

Change

Ms. Michelle Caroline Bunch

Director

335.68K

+2.71K%

Ms. Katherine Nolan

Chief Operating Officer

93.52K

--

Mr. Charles Alexander Bunch

Chief Creative and Marketing Officer

44.20K

+6.22%

Ms. Janet S. Wong

Independent Director Nominee

8.62K

+69.36%

Mr. Jonathan Anderson

Independent Director

6.12K

--

Ms. Robin A. Ferracone

Independent Director Nominee

--

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2024

FY2024Q1

FY2023

FY2023Q1

FY2022

By BusinessUSD

Name

Revenue

Proportion

Commission income

183.16M

89.89%

Contingent income

8.72M

4.28%

Branch fees

4.74M

2.32%

Policy fees

3.54M

1.74%

License fees

1.90M

0.93%

Other

1.71M

0.84%

No Data

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Commission income

183.16M

89.89%

Contingent income

8.72M

4.28%

Branch fees

4.74M

2.32%

Policy fees

3.54M

1.74%

License fees

1.90M

0.93%

Other

1.71M

0.84%

Shareholder

Update time: Sat, Apr 26

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

T. Rowe Price Investment Management, Inc.

10.42%

AllianceBernstein L.P.

6.78%

Capital International Investors

5.90%

Capital Research Global Investors

5.90%

Baron Capital Management, Inc.

5.85%

Other

65.15%

Shareholder Statistics

Shareholder

Proportion

T. Rowe Price Investment Management, Inc.

10.42%

AllianceBernstein L.P.

6.78%

Capital International Investors

5.90%

Capital Research Global Investors

5.90%

Baron Capital Management, Inc.

5.85%

Other

65.15%

Type

Shareholder

Proportion

Investment Advisor

48.26%

Investment Advisor/Hedge Fund

23.51%

Hedge Fund

12.32%

Individual Investor

6.52%

Corporation

6.24%

Pension Fund

1.15%

Sovereign Wealth Fund

0.90%

Research Firm

0.82%

Other

0.27%

Institutional Shareholding

Update time: Tue, Mar 4

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

120

13.94M

94.14%

-74.85K

2024Q4

117

13.94M

93.97%

+232.83K

2024Q3

95

13.98M

94.22%

+10.53M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

T. Rowe Price Investment Management, Inc.

1.55M

10.49%

+415.16K

+36.46%

Dec 31, 2024

AllianceBernstein L.P.

1.01M

6.83%

+71.11K

+7.56%

Dec 31, 2024

Capital International Investors

878.81K

5.93%

+206.97K

+30.81%

Dec 31, 2024

Capital Research Global Investors

878.81K

5.93%

+206.97K

+30.81%

Dec 31, 2024

Baron Capital Management, Inc.

871.66K

5.88%

+142.91K

+19.61%

Dec 31, 2024

Fidelity Institutional Asset Management

732.79K

4.95%

-229.38K

-23.84%

Dec 31, 2024

Nuveen LLC

711.89K

4.81%

-86.33K

-10.81%

Dec 31, 2024

The Vanguard Group, Inc.

616.90K

4.16%

+32.38K

+5.54%

Dec 31, 2024

American Century Investment Management, Inc.

559.97K

3.78%

-4.98K

-0.88%

Dec 31, 2024

Related ETFs

Update time: Sun, Apr 6

Name

Proportion

Texas Capital Texas Small Cap Equity Index ETF

0.05%

Texas Capital Texas Equity Index ETF

0.05%

Janus Henderson Small Cap Growth Alpha ETF

0.04%

Janus Henderson Small/Mid Cap Growth Alpha ETF

0.03%

T Rowe Price Small-Mid Cap ETF

0%

Innovator IBD Breakout Opportunities ETF

0%

Texas Capital Texas Small Cap Equity Index ETF

Proportion0.05%

Texas Capital Texas Equity Index ETF

Proportion0.05%

Janus Henderson Small Cap Growth Alpha ETF

Proportion0.04%

Janus Henderson Small/Mid Cap Growth Alpha ETF

Proportion0.03%

T Rowe Price Small-Mid Cap ETF

Proportion0%

Innovator IBD Breakout Opportunities ETF

Proportion0%

Dividend

A total of 0.00 USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

No Data

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

31.690USD

TWFG Inc

31.690

Overview

Company