{"url":"https://nivawealth.com/firms/cibc-private-wealth-advisors-109644","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/109644","regulatoryAum":67840284252,"crd":"109644","secFileNumber":"801-57986","legalName":"CIBC Private Wealth Advisors, Inc.","displayName":"CIBC Private Wealth Advisors","website":null,"linkedinUrl":"http://www.linkedin.com/company/cibc_us","founded":null,"organization":"Delaware corporation","fiscalYearEnd":"December","headquarters":{"street":"181 West Madison Street, 36th Floor","city":"Chicago","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60602"},"tradeNames":["CIBC Private Wealth Management"],"registration":{"secApproved":"27 October 2000","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":610,"advisory":220,"brokerDealerReps":60,"insuranceAgents":0,"promoters":10},"aum":{"discretionary":64416934160,"discretionaryAccounts":28718,"nonDiscretionary":3423350092,"nonDiscretionaryAccounts":301,"wrapProgram":1517067560,"nonUsClientsPct":1,"nonAumClients":2160},"clientTypes":[{"label":"Individuals (other than HNW)","clients":6063,"regulatoryAum":9734612184},{"label":"High-net-worth individuals","clients":2020,"regulatoryAum":34762747215},{"label":"Investment companies","clients":6,"regulatoryAum":2057781880},{"label":"Pension and profit-sharing plans","clients":309,"regulatoryAum":950327369},{"label":"Charitable organizations","clients":402,"regulatoryAum":1864291062},{"label":"State or municipal government entities","clients":8,"regulatoryAum":384263494},{"label":"Corporations and other businesses","clients":427,"regulatoryAum":17933301662},{"label":"Other","clients":1,"regulatoryAum":152959386}],"fees":[{"service":"Investment advisory services","basis":"Tiered percentage of assets under management; negotiable, billed in advance.","range":"0.60% to 1.20% a year"},{"service":"Portfolio up to $5,000,000","basis":"One tier of the fee schedule","range":"1.20% a year"},{"service":"Portfolio from $5,000,000 to $10,000,000","basis":"One tier of the fee schedule","range":"0.80% a year"},{"service":"Portfolio above $10,000,000","basis":"One tier of the fee schedule","range":"0.60% a year"}],"feeNotes":[{"heading":"Minimum fee","body":"The annual minimum fee is $10,000."}],"custodians":[{"name":"CIBC Mellon Global Securities Services Company","shortName":"CIBC Mellon Global Securities Services","location":"Toronto","smaAssets":12405505622},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"New York, NY","smaAssets":33073604144},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Ny, NY","smaAssets":10785881716}],"custodyNote":"CIBC Private Wealth Advisors has custody of $20.30B for 5,700 clients.","otherCustodians":[],"leadership":[{"name":"John Markwalter","title":"Chairman of the Board, Chief Executive Officer","crd":"1385997"},{"name":"Kishore Setty","title":"President","crd":"7384938"},{"name":"Paul Carey","title":"Chief Financial Officer","crd":"7091756"},{"name":"Brian DELMAN","title":"Chief Compliance Officer","crd":"4315597"},{"name":"Gregory Campbell","title":"General Counsel & Asst Secretary, Director","crd":"2777077"},{"name":"Philip Cecil","title":"Secretary","crd":"2470419"},{"name":"Trevor Chambers","title":"Director","crd":"4489307"},{"name":"Daniel Feldman","title":"Director","crd":"2799666"},{"name":"Gary Pzegeo","title":"Chief Investment Officer","crd":"8066920"},{"name":"Diana Vasquez","title":"Director","crd":"5431684"}],"ownership":[{"label":"CIBC Private Wealth Group LLC","detail":"Sole shareholder in the 75% or more ownership band and a control person, since March 2004."},{"label":"Canadian Imperial Bank of Commerce","detail":"Indirect owner: a 100% shareholder of CIBC Bancorp USA, Inc. in the 75% or more band and a control person, since August 2008.","parent":"CIBC Bancorp USA, Inc."},{"label":"CIBC Bancorp USA, Inc.","detail":"Indirect owner: a 100% shareholder of CIBC Private Wealth Group LLC in the 75% or more band and a control person, since December 2013.","parent":"CIBC Private Wealth Group LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":16,"privateResidences":0},"listedOfficeAddresses":17,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"101 Second Street","city":"San Francisco"},{"street":"520 Newport Center Drive","city":"Newport Beach"}]},{"state":"Colorado","offices":1,"addresses":[{"street":"100 Saint Paul Street","city":"Denver"}]},{"state":"District of Columbia","offices":1,"addresses":[{"street":"1201 F Street NW","city":"Washington"}]},{"state":"Florida","offices":2,"addresses":[{"street":"525 Okeechobee BLVD","city":"West Palm Beach"},{"street":"100 North Tampa Street","city":"Tampa"}]},{"state":"Georgia","offices":2,"addresses":[{"street":"301 Sea Island Road","city":"ST. Simons Island"},{"street":"3290 Northside Parkway NW","city":"Atlanta"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"181 West Madison Street, 36th Floor","city":"Chicago","headquarters":true}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"100 Federal Street","city":"Boston"}]},{"state":"Michigan","offices":1,"addresses":[{"street":"34901 Woodward Avenue","city":"Birmingham"}]},{"state":"Missouri","offices":1,"addresses":[{"street":"1401 S. Brentwood BLVD","city":"ST. Louis"}]},{"state":"New York","offices":1,"addresses":[{"street":"300 Madison Avenue","city":"New York"}]},{"state":"Texas","offices":3,"addresses":[{"street":"11 Greenway Plaza","city":"Houston"},{"street":"2121 N. Pearl Street","city":"Dallas"},{"street":"111 Congress Ave","city":"Austin"}]},{"state":"Wisconsin","offices":1,"addresses":[{"street":"743 North Water Street","city":"Milwaukee"}]}],"minimumAccount":1000000,"brochureServices":["estate planning","family office services","philanthropic planning","retirement plan services"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"312-368-7700","stateRegisteredReps":160,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":"500","assetMix":[{"label":"Exchange-traded equity securities","percent":70},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":3},{"label":"U.S. state and local bonds","percent":6},{"label":"Investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":12},{"label":"Cash and cash equivalents","percent":2},{"label":"Other","percent":4,"detail":"Partnerships and Other Assets"}],"privateFunds":0},"sources":{"adv1FilingDate":"22 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/109644/PDF/109644.pdf","brochureDate":"22 June 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1049122","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does CIBC Private Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does CIBC Private Wealth Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does CIBC Private Wealth Advisors charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does CIBC Private Wealth Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does CIBC Private Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does CIBC Private Wealth Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does CIBC Private Wealth Advisors have a minimum investment?","answer":"Yes, CIBC Private Wealth Advisors’ minimum account size is $1,000,000.","source":"Part 2A brochure, Items 5 and 7","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns CIBC Private Wealth Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does CIBC Private Wealth Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}