Investing in World Class Businesses for World Class Performance
Stewart Asset Management
Our History
Bill Stewart formed a new investment management company in October 2014 after the sale of W.P. Stewart & Co. to AllianceBernstein. A group of analysts was assembled to pursue an investment philosophy similar to the one that earned Bill’s clients over 16% a year after fees for the 38-year history of W.P. Stewart & Co. Stewart Asset Management has generated average annual returns for its managed account clients of approximately 20% since its formation, net of fees. Past performance is not indicative of future results.
Investment Services
Stewart Asset Management, LLC aims to provide long-term capital appreciation through a concentrated portfolio of U.S. equities. The investment team carefully selects about 20 companies with high-quality recurring earnings, a sound management strategy, and robust financials from a universe of large steadily-growing businesses. Capital can be preserved with emphasis on quality and predictability.
Thoughts from the Investment Team
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It’s far better to buy a wonderful company at a fair
price than a fair company at a wonderful price.– Warren Buffet -
Every business has its ‘core competency’. Ours is managing concentrated portfolios of high quality equities to maintain a constantly growing stream of ‘look-through’ income behind our clients’ accounts. This is the principal driver behind achieving above average long-term returns with below average risk.
– Bill Stewart, Chairman -
As a firm, we generally shun making dogmatic, speculative predictions about market fluctuations. It is more fruitful to try to understand if and how shares can be a profitable investment.
– Tom Valenzuela, Chief Investment Officer