Wilhelmina Models
An international modeling and talent representation agency founded in New York in 1967.
Last updated August 25, 2026
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Overview
Wilhelmina Models is an international modeling and talent representation business founded in New York City in 1967 by Dutch-American model Wilhelmina Cooper, her husband Victor Bruce Cooper, and partners Bill Weinberg and Fran Rothchild. The agency began as a specialist model-management firm and developed into a broader talent business representing fashion models, commercial talent, entertainers, artists, musicians, athletes, and content creators. Its work combines career management, bookings, casting, brand partnerships, and placement of talent in fashion, advertising, entertainment, and related commercial markets. The agency takes its name from Wilhelmina Cooper, who was an established model before becoming an agency founder. Her death in 1980 led to a transfer of the business to her partners. In 1989, German businessman Horst-Dieter Esch acquired the agency for approximately $4 million, according to the cited historical account. During Esch's ownership, discussions were held about combining Wilhelmina with other major agencies, including Elite Model Management and Ford Models, although the proposed larger public conglomerate did not materialize. The company was incorporated in Delaware in 1996. Wilhelmina broadened its commercial reach through partnerships and new divisions. In 1998, it worked with Atlantic Records to establish an Artist Division intended to connect music artists with international brands. The business later expanded its physical presence beyond New York. It opened a London office in January 2015 and a Chicago office in 2016. In the same year, it launched Aperture, a talent and commercial agency serving models and actors working in film, advertising, television, and theatre, with offices in New York and Los Angeles. A major corporate change occurred in February 2009, when New Century Equity Holdings Corp. acquired Wilhelmina Models. New Century subsequently adopted the name Wilhelmina International, Inc., and the business became a publicly traded modeling and talent agency under the WHLM ticker. The company entered the NASDAQ Capital Market in September 2014 after previously trading over the counter. It has also licensed the Wilhelmina name to third-party agencies in international locations, including the United States and Dubai. The agency's represented talent has included prominent fashion models and entertainment figures, although rosters change over time and representation does not necessarily imply an ongoing relationship. Publicly cited examples include Kendall Jenner, Nicki Minaj, Demi Lovato, Nick Jonas, Billie Eilish, Shawn Mendes, Leona Lewis, Niall Horan, Normani, Iggy Azalea, Karolína Kurková, Lindsay Ellingson, Bianca Balti, Mark Vanderloo, Noah Mills, Francisco Lachowski, Marlon Teixeira, Robyn Lawley, Barbie Ferreira, and others. The company has described its worldwide roster as spanning thousands of models, celebrities, artists, athletes, and creators. Wilhelmina's current business identity is therefore broader than a conventional runway agency. It operates as a talent-management and representation platform with offices in New York, Los Angeles, Miami, and London, combining fashion representation with commercial, entertainment, and brand-facing services. Its public-company structure distinguishes it from many privately held agencies, while its heritage and name continue to connect the business to the fashion-modeling industry.
History
Wilhelmina Models was established in New York City in 1967 by Dutch-American fashion model Wilhelmina Cooper, her husband Victor Bruce Cooper, and business partners Bill Weinberg and Fran Rothchild. The agency was created as a dedicated model-management company and became associated with the development and representation of editorial, runway, and commercial talent. By the late 1990s it was described as one of the world's older and larger full-service model-management businesses. Wilhelmina Cooper died in 1980 at the age of 40. Following her death, ownership and control passed to business partners. In 1989, Horst-Dieter Esch, a German businessman with construction-industry interests, purchased the agency for approximately $4 million. Esch explored the possibility of combining Wilhelmina with competitors such as Elite Model Management and Ford Models into a larger agency group that could eventually pursue a public listing. Those discussions did not result in the proposed conglomerate. The company was incorporated in Delaware in 1996. The business expanded beyond conventional fashion modeling during the 1990s. In 1998, Wilhelmina partnered with Atlantic Records to create an Artist Division. The division was designed to connect music artists with international brands, extending the agency's role into entertainment-related representation and commercial partnerships. Over time, Wilhelmina's stated scope came to include entertainers, artists, musicians, athletes, and other public-facing talent alongside fashion and commercial models. In February 2009, New Century Equity Holdings Corp. acquired Wilhelmina Models from Esch. New Century later changed its corporate name to Wilhelmina International, Inc., while continuing to use Wilhelmina as the consumer-facing agency brand. This transaction made Wilhelmina part of a publicly traded structure and was described as creating the first and only publicly traded modeling and talent agency. The company traded under the symbol WHLM and subsequently moved from over-the-counter trading to the NASDAQ Capital Market in September 2014. Wilhelmina continued geographic and service expansion in the 2010s. It opened a London office in January 2015 and a Chicago office in 2016. Also in 2016, it launched Aperture, a related talent and commercial operation representing models and actors for film, advertising, television, and theatre. Aperture maintained offices in New York City and Los Angeles. Wilhelmina also licensed its brand to third-party agencies in selected international markets, including the United States and Dubai, allowing the name to operate beyond the company's directly managed offices. The agency's publicly associated roster has included major fashion models, musicians, actors, athletes, and other personalities. Examples cited in reference material include Kendall Jenner, Karolína Kurková, Bianca Balti, Lindsay Ellingson, Mark Vanderloo, Noah Mills, Francisco Lachowski, Robyn Lawley, Barbie Ferreira, Nicki Minaj, Demi Lovato, Nick Jonas, Billie Eilish, Shawn Mendes, Niall Horan, Normani, Iggy Azalea, and Leona Lewis. Such lists are historical snapshots rather than a definitive statement of current representation. The company's later corporate history also included share repurchases and financing arrangements. Reference material reports that Wilhelmina spent $2.7 million on a stock buyback in 2016, funded through a term loan, and modified the arrangement in 2018 while purchasing an additional $1 million of stock. It also reports that more than 1.3 million shares were repurchased between 2012 and the end of 2019. For 2019, the cited account reports revenue of $75.4 million, compared with $77.9 million in 2018, and a net loss of $4.8 million compared with a profit of approximately $0.85 million in 2018. These figures describe historical reporting periods and should not be treated as current performance. In April 2020, during the COVID-19 economic disruption, Wilhelmina received a $2 million Paycheck Protection Program loan backed by the U.S. government. The transaction attracted public scrutiny because the program targeted small businesses. Wilhelmina Models remains identified with international model and talent representation, supported by offices and licensed operations serving fashion, advertising, entertainment, and brand-partnership markets.
- 2020
Paycheck Protection Program loan
[1]The company received a $2 million federally backed PPP loan during the COVID-19 period, prompting public scrutiny.
- 2016
Aperture launched
[1]Wilhelmina launched Aperture, representing models and actors for film, advertising, television, and theatre.
- 2015
London expansion
[1]The agency opened an office in London.
- 2014
NASDAQ Capital Market listing
[1]Wilhelmina International moved from over-the-counter trading to the NASDAQ Capital Market under WHLM.
- 2009
Public-company acquisition
[1]New Century Equity Holdings acquired Wilhelmina Models and later adopted the Wilhelmina International name.
- 1998
Artist Division established
[1]Wilhelmina partnered with Atlantic Records to develop an Artist Division linking music artists with international brands.
- 1996
Delaware incorporation
[1]The company was incorporated in Delaware.
- 1989
Acquisition by Horst-Dieter Esch
[1]Horst-Dieter Esch acquired the agency for approximately $4 million.
- 1980
Death of Wilhelmina Cooper
[1]Founder Wilhelmina Cooper died at age 40, after which the agency passed to her business partners.
- 1967
Agency founded in New York
[1]Wilhelmina Cooper, Victor Bruce Cooper, Bill Weinberg, and Fran Rothchild established the agency as a model-management business.
Products and positioning
Full-service fashion, commercial, and entertainment talent representation
Model representation · 1967
Fashion Model Management
Wilhelmina's core service is representation and career management for fashion models. The agency connects talent with editorial, runway, advertising, catalog, and other commercial opportunities, while supporting bookings, client relationships, negotiations, and longer-term career development. Its historical roster has included established international fashion models as well as emerging talent.
Talent management
Talent and Entertainment Representation
The agency represents a wider range of public-facing talent than fashion models alone, including entertainers, musicians, artists, athletes, celebrities, and content creators. Services can include professional representation, commercial bookings, endorsement opportunities, and coordination with brands and production partners. The exact roster and service mix may vary by office and period.
Artist representation · 1998
Artist Division
Created through a 1998 partnership with Atlantic Records, the Artist Division extended Wilhelmina's work into music and brand collaborations. Its stated purpose was to match music artists with international brands, illustrating the agency's move toward integrated entertainment and commercial representation.
Film, television, theatre, and commercial talent · 2016
Aperture
Aperture was launched by Wilhelmina in 2016 as a talent and commercial agency for models and actors. It represents performers for film, commercials, television, and theatre, with offices reported in New York City and Los Angeles. The division broadened Wilhelmina's offer beyond fashion and advertising model bookings.
Controversies
Marketing campaigns
- 1998Atlantic Records Artist Division partnership
United States · International
Wilhelmina partnered with Atlantic Records to create an Artist Division focused on connecting music artists with international brands.
Outcome. The partnership expanded the agency's activities into music-related representation and brand collaboration.
Brand decisions
2020
Accept Paycheck Protection Program financingOtherBackground
The COVID-19 disruption created economic pressure for businesses and employment-related operations.
Action taken
Wilhelmina received a $2 million federally backed loan through the U.S. Paycheck Protection Program.
Aftermath
The financing became a subject of public scrutiny because the program was designed for small businesses.
Paycheck Protection Program loan. $2 million (2020)
2016
Launch of ApertureProduct launchBackground
Wilhelmina sought to extend its representation model into broader commercial and entertainment talent.
Action taken
The company launched Aperture for models and actors working in film, commercials, television, and theatre.
Aftermath
Aperture added a dedicated platform for screen, stage, and commercial talent alongside the traditional modeling business.
2014
Move to the NASDAQ Capital MarketStrategyBackground
Wilhelmina International had previously traded over the counter.
Action taken
The company entered the NASDAQ Capital Market under the WHLM ticker in September 2014.
Aftermath
The move increased the formal visibility of the publicly traded agency and its reporting obligations.
2009
Join a publicly traded corporate structureM&ABackground
New Century Equity Holdings acquired Wilhelmina Models as part of a corporate expansion into the modeling and talent-agency sector.
Action taken
The acquirer later changed its name to Wilhelmina International, Inc. and retained the WHLM trading symbol.
Aftermath
Wilhelmina became associated with a public-company model that was unusual among major modeling agencies.
Sources2 sources
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