Clients
CIBC Private Wealth Advisors serves 9,236 clients, 2,020 of them high-net-worth individuals. The average client has about $7.3 million with the firm, and high-net-worth clients hold 51% of its $67.8 billion in assets.
- Individuals6,063 clients14%
- High-net-worth individuals2,020 clients51%
- Investment companies6 clients3%
- Charitable organizations402 clients3%
- Corporations and other businesses427 clients26%
- OtherPension and profit-sharing plans, State or municipal government entities, Other2%
What it does
CIBC Private Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and other activities. It is paid through a percentage of assets and fixed fees.
CIBC Private Wealth Advisors provided financial planning to 500 clients last fiscal year and advises no private funds.
95.0% of assets ($64.42B across 28,718 accounts) are managed with discretion; $3.42B across 301 accounts are not. $1.52B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 2,160 clients received advice without assets under management last fiscal year.
Show the full tableHide the full table
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 6,063 | $9,734,612,184 | 14.3% | $1.61M |
| High-net-worth individuals | 2,020 | $34,762,747,215 | 51.2% | $17.2M |
| Investment companies | 6 | $2,057,781,880 | 3.0% | $343.0M |
| Pension and profit-sharing plans | 309 | $950,327,369 | 1.4% | $3.08M |
| Charitable organizations | 402 | $1,864,291,062 | 2.7% | $4.64M |
| State or municipal government entities | 8 | $384,263,494 | 0.6% | $48.0M |
| Corporations and other businesses | 427 | $17,933,301,662 | 26.4% | $42.0M |
| Other | 1 | $152,959,386 | 0.2% | $153.0M |
| Total | 9,236 | $67,840,284,252 | 100% | $7.35M |
- Regulatory AUM
- $9,734,612,184
- Share
- 14.3%
- Avg. per client
- $1.61M
- Regulatory AUM
- $34,762,747,215
- Share
- 51.2%
- Avg. per client
- $17.2M
- Regulatory AUM
- $2,057,781,880
- Share
- 3.0%
- Avg. per client
- $343.0M
- Regulatory AUM
- $950,327,369
- Share
- 1.4%
- Avg. per client
- $3.08M
- Regulatory AUM
- $1,864,291,062
- Share
- 2.7%
- Avg. per client
- $4.64M
- Regulatory AUM
- $384,263,494
- Share
- 0.6%
- Avg. per client
- $48.0M
- Regulatory AUM
- $17,933,301,662
- Share
- 26.4%
- Avg. per client
- $42.0M
- Regulatory AUM
- $152,959,386
- Share
- 0.2%
- Avg. per client
- $153.0M
What the accounts hold
- Stocks71%
- Exchange-traded equities70%
- Non-exchange-traded equities1%
- Funds12%
- Bonds11%
- State and local bonds6%
- U.S. government and agency bonds3%
- Investment grade corporate bonds2%
- Cash2%
- Other4%
- Partnerships and other assets4%
Custodians
CIBC Private Wealth Advisors’ client accounts are held mainly at Charles Schwab, with 49% of managed assets, and CIBC Mellon Global Securities Services, with 18%. CIBC Private Wealth Advisors has custody of $20.30B for 5,700 clients.
- CIBC Mellon Global Securities ServicesCIBC Mellon Global Securities Services Company · Toronto · $12.41B18%
- Charles SchwabCharles Schwab & Co., Inc. · New York, NY · $33.07B49%
- FidelityFidelity Brokerage Services LLC · Ny, NY · $10.79B16%
- All other custodians$11.58B17%
Ownership and leadership
CIBC Private Wealth Group LLC owns 75% or more of CIBC Private Wealth Advisors, and John Markwalter is its CEO.
- Owns 75% or more of CIBC Private Wealth Advisors, Inc.
CIBC Private Wealth Group LLC
Control person · since March 2004
- Owns 75% or more of CIBC Private Wealth Group LLC
CIBC Bancorp USA, Inc.
Control person · since December 2013
- Owns 75% or more of CIBC Bancorp USA, Inc.
Canadian Imperial Bank of Commerce
Control person · since August 2008
Leadership
- John MarkwalterChairman of the Board, Chief Executive Officer
- Kishore SettyPresident
- Paul CareyChief Financial Officer
- Brian DELMANChief Compliance Officer
- Gregory CampbellGeneral Counsel & Asst Secretary, Director
- Philip CecilSecretary
- Trevor ChambersDirector
- Daniel FeldmanDirector
- Gary PzegeoChief Investment Officer
- Diana VasquezDirector
Staff
- 610 employees
- 220 in advisory functions
- 160 state-registered reps
- 60 broker-dealer reps
- 10 soliciting firms
Fees
CIBC Private Wealth Advisors charges 0.60% to 1.20% a year for investment advisory services.
| Service | Stated range | How it is charged |
|---|---|---|
| Investment advisory services | 0.60% to 1.20% a year | Tiered percentage of assets under management; negotiable, billed in advance. |
| Portfolio up to $5,000,000 | 1.20% a year | One tier of the fee schedule |
| Portfolio from $5,000,000 to $10,000,000 | 0.80% a year | One tier of the fee schedule |
| Portfolio above $10,000,000 | 0.60% a year | One tier of the fee schedule |
- Stated range
- 0.60% to 1.20% a year
- How it is charged
- Tiered percentage of assets under management; negotiable, billed in advance.
- Stated range
- 1.20% a year
- How it is charged
- One tier of the fee schedule
- Stated range
- 0.80% a year
- How it is charged
- One tier of the fee schedule
- Stated range
- 0.60% a year
- How it is charged
- One tier of the fee schedule
- Minimum fee
- The annual minimum fee is $10,000.
Offices and registrations
Besides its headquarters, CIBC Private Wealth Advisors has 16 offices, with 17 listed addresses across 12 states.
Texas · 3 listed addresses
- 11 Greenway Plaza, Houston
- 2121 N. Pearl Street, Dallas
- 111 Congress Ave, Austin
California · 2 listed addresses
- 101 Second Street, San Francisco
- 520 Newport Center Drive, Newport Beach
Florida · 2 listed addresses
- 525 Okeechobee BLVD, West Palm Beach
- 100 North Tampa Street, Tampa
Georgia · 2 listed addresses
- 301 Sea Island Road, ST. Simons Island
- 3290 Northside Parkway NW, Atlanta
Colorado · 1 listed address
- 100 Saint Paul Street, Denver
District of Columbia · 1 listed address
- 1201 F Street NW, Washington
Illinois · 1 listed address
- 181 West Madison Street, 36th Floor, ChicagoHQ
Massachusetts · 1 listed address
- 100 Federal Street, Boston
Michigan · 1 listed address
- 34901 Woodward Avenue, Birmingham
Missouri · 1 listed address
- 1401 S. Brentwood BLVD, ST. Louis
New York · 1 listed address
- 300 Madison Avenue, New York
Wisconsin · 1 listed address
- 743 North Water Street, Milwaukee
Other business names
CIBC Private Wealth Advisors has reported 1 other business name to the SEC.
- CIBC Private Wealth Management
Registration details
- Legal name
- CIBC Private Wealth Advisors, Inc.
- Headquarters
- 181 West Madison Street, 36th Floor, Chicago, IL 60602
- Phone
- 312-368-7700
- Website
- Not reported
- SEC file
- 801-57986
- Structure
- Delaware corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does CIBC Private Wealth Advisors have?
CIBC Private Wealth Advisors has 9,236 clients and manages $67.8 billion for them, as of June 2026. They include 6,063 other individuals, 2,020 high-net-worth individuals and 427 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 June 2026
What services does CIBC Private Wealth Advisors offer?
CIBC Private Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and other activities. Its services also include estate planning, family office services, philanthropic planning and retirement plan services.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does CIBC Private Wealth Advisors charge?
CIBC Private Wealth Advisors charges 0.60% to 1.20% a year for investment advisory services. Other rates: portfolio up to $5,000,000 (1.20% a year), portfolio from $5,000,000 to $10,000,000 (0.80% a year) and portfolio above $10,000,000 (0.60% a year).
Source: Part 2A brochure, Item 5
Which custodians does CIBC Private Wealth Advisors use?
CIBC Private Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (New York, NY), with $33,073,604,144, CIBC Mellon Global Securities Services Company (Toronto), with $12,405,505,622 and Fidelity Brokerage Services LLC (Ny, NY), with $10,785,881,716. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 June 2026
How many financial advisors does CIBC Private Wealth Advisors have?
CIBC Private Wealth Advisors has 160 investment adviser representatives registered with state securities authorities, out of 610 employees, and 220 perform investment advisory functions. 60 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does CIBC Private Wealth Advisors invest in?
At the end of its last fiscal year, CIBC Private Wealth Advisors’ separately managed accounts held 70% exchange-traded equities, 12% registered funds (mutual funds, ETFs, BDCs), 6% state and local bonds, 4% partnerships and other assets, 3% U.S. government and agency bonds, 2% investment grade corporate bonds, 2% cash and equivalents and 1% non-exchange-traded equities. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does CIBC Private Wealth Advisors have a minimum investment?
Yes, CIBC Private Wealth Advisors’ minimum account size is $1,000,000.
Source: Part 2A brochure, Items 5 and 7
Who owns CIBC Private Wealth Advisors?
CIBC Private Wealth Advisors is owned through a chain of holding companies by Canadian Imperial Bank of Commerce. Its direct owner is CIBC Private Wealth Group LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 June 2026
How does CIBC Private Wealth Advisors get paid?
CIBC Private Wealth Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file