CIBC PRIVATE WEALTH ADVISORS, INC.
Adviser information for CIBC PRIVATE WEALTH ADVISORS, INC. last updated from Form ADV on March 26th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 539 |
|---|---|
| Investment Advisory/Research | 204 |
| Registered Broker-Dealer Representatives | 65 |
| Registered State Investment Advisers | 152 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 16 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 29,241 | $55.4B |
| Non-Discretionary | 204 | $1.9B |
| Total | 29,445 | $57.3B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 26,137 | $23.0B |
| HNW Individuals | 1,048 | $13.9B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 6 | $3.7B |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 652 | $803.5M |
| Charitable organizations | 945 | $1.8B |
| State or municipal gov entities | 16 | $298.6M |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 640 | $13.8B |
| Other | 1 | $101.3M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)INDEX PROVIDER |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 1.1B |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| UNIFORM OVERLAY MANAGER PROGRAM | DYNASTY WEALTH MANAGEMENT, LLC |
| STIFEL NICOLAUS OPPORTUNITY PROGRAM | STIFEL, NICOLAUS & COMPANY, INCORPORATED |
| MANAGED ACCOUNT ACCESS PROGRAM | CHARLES SCHWAB & CO., INC. |
| MANAGED ACCOUNT SELECT | CHARLES SCHWAB & CO., INC. |
| PLATFORM OFFERED BY ASSETMARK | ASSETMARK, INC. |
| INVESTMENT MANAGEMENT SERVICES PLATFORM | MORGAN STANLEY |
Identifiers
| SEC RIA File Number | 801-57986 |
|---|---|
| SEC ERA File Number | 801-57986 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 109644 |
| Legal Entity Identifier | None |
Principal Office
181 WEST MADISON STREET36TH FLOOR
CHICAGO
IL
United States
Monday - Friday, 8:30 A.M. TO 5:00 P.M.
Tel: 312-368-7700, Fax: 312-368-7750
Chief Compliance Officer
TODD L SPILLANE
CHIEF COMPLIANCE OFFICER
11 GREENWAY PLAZA
26TH FLOOR
HOUSTON
TX
United States
Tel:
832-537-8066
T************@*******M
(Full email address available in API data)
Regulatory Contact
MARY E ANTUNES
EXECUTIVE DIRECTOR, COMPLIANCE
300 MADISON AVENUE
7TH
NEW YORK,
NY
United States
Tel:
212-597-4839
B************@*******M
(Full email address available in API data)
Industry Affiliates
| CIBC | Banking or thrift institution |
| CIBC ASSET MANAGEMENT INC. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| CIBC BANK USA | Banking or thrift institution |
| CIBC DELAWARE TRUST COMPANY | Trust company |
| CIBC INVESTOR SERVICES INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| CIBC MELLON | Banking or thrift institutionTrust company |
| CIBC NATIONAL TRUST COMPANY | Other investment adviser, including financial plannersTrust company |
| CIBC WORLD MARKETS CORP. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MARKWALTER, JOHN, SHEEHAN | Individual | – | CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER | 03/2004 | < 5% |
| CIBC PRIVATE WEALTH GROUP LLC | Domestic Entity | – | SOLE SHAREHOLDER | 03/2004 | > 75% |
| CAMPBELL, GREGORY, BRENT | Individual | – | GENERAL COUNSEL & ASST SECRETARY, DIRECTOR | 08/2022 | < 5% |
| DONABEDIAN, DAVID, LAZARUS | Individual | – | CHIEF INVESTMENT OFFICER | 06/2009 | < 5% |
| CANADIAN IMPERIAL BANK OF COMMERCE | Foreign Entity | CIBC BANCORP USA, INC. | 100% SHAREHOLDER | 08/2008 | > 75% |
| CIBC BANCORP USA, INC. | Domestic Entity | CIBC PRIVATE WEALTH GROUP LLC | 100% SHAREHOLDER | 12/2013 | > 75% |
| Carey, Paul | Individual | – | CHIEF FINANCIAL OFFICER | 02/2019 | < 5% |
| BURNS, KEVIN, J | Individual | – | DIRECTOR | 10/2018 | < 5% |
| CHRISTENSEN, ZACHARY, S | Individual | – | DIRECTOR & ASSISTANT SECRETARY | 03/2019 | < 5% |
| CECIL, PHILIP, WAYNE | Individual | – | SECRETARY | 02/2021 | < 5% |
| Spillane, Todd, L | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2023 | < 5% |
| VASQUEZ, DIANA, KIFARKIS | Individual | – | DIRECTOR | 11/2023 | < 5% |
| Setty, Kishore | Individual | – | PRESIDENT | 11/2023 | < 5% |