W.P. Stewart & Co., Ltd. operates as an investment advisory and asset management industry. The Company, together with its subsidiaries, is a research-focused investment adviser that manages assets for high networth individuals and institutions located World wide. The Company’s principal source of revenues is investment advisory fees. Another component of its revenues is brokerage commissions. Commission revenues earned on its brokerage activities, substantially all of which relate to client accounts, vary directly with account trading activity and new account generation.