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W.P. Stewart & Co. Ltd.

 
Hoover's Profile: W.P. Stewart & Co. Ltd.
(NYSE:WPL)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
W.P. Stewart & Co. Ltd.
Trinity Hall, 43 Cedar Ave.
Hamilton HM LX, Bermuda
Tel. 441-295-8585
Toll Free 888-695-4092
Fax 441-296-6823

Type: Public
On the web: http://www.wpstewart.com
Employees: 104
Employee growth: (8.0%)

W.P. Stewart & Co. plies its trade in Bermuda, and that's the short version of it. The company also has operations in North America, Europe, and Asia, offering asset management services for affluent individuals, foundations, private business, and other institutional investors. The firm has nearly $3 billion of assets under management. W.P. Stewart & Co. invests the assets under its control primarily in large, non-cyclical businesses, focusing on five-year investment plans. New York hedge fund, Arrow Capital Management purchased a 45% stake in the company in 2008.

Key numbers for fiscal year ending December, 2007:
Sales: $100.4M
One year growth: (29.4%)
Net income: ($31.4)M

Officers:
Chairman: William P. (Bill) Stewart
Managing Director and COO: Rocco Macri
Managing Director and CFO: Susan G. Leber

Competitors:
Bank of Bermuda
Merrill Lynch
Nicholas-Applegate

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