Wealth manager, bank-affiliated · Chicago, IL
CIBC Private Wealth Advisors, Inc.
SEC-registered investment adviser · CRD 109644 · SEC 801-57986
At a glance
CIBC Private Wealth Advisors, Inc. is an SEC-registered investment adviser based in Chicago, Illinois, with $68B in regulatory assets under management as of its Form ADV filed June 22, 2026. It reports 8,083 individual clients, 2,020 of them high-net-worth, holding an average of about $5.5 million each, and 610 employees. That ranks it 16th among the nation’s 5,657 independent wealth management RIAs and 3rd of 226 in Illinois. It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, CIBC Mellon and Fidelity.
Main office 312-368-7700private-wealth.us.cibc.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $68B
- Rank among independent wealth managers
- #16 of 5,657
- Rank among all SEC RIAs
- #358 of 17,210
- Rank in Illinois
- #3 of 226
- Individual clients
- 8,083
- High-net-worth clients
- 2,020
- Accounts
- 29,019
- Discretionary
- 95% of AUM
- Employees
- 610
- Advisory staff
- 220
- Offices
- 17
Owners and executives on its Form ADV
- John S. MarkwalterChairman of the Board, Chief Executive Officer
- Gregory B. CampbellGeneral Counsel & Asst Secretary, Director
- Paul CareyChief Financial Officer
- Philip W. CecilSecretary
- Diana K. VasquezDirector
- Kishore SettyPresident
- Brian DELMANChief Compliance Officer
- Gary PzegeoChief Investment Officer
- Trevor C ChambersDirector
- Daniel E. FeldmanDirector
Custody and brokerage
Broker-dealer
Hybrid RIA
CIBC Private Wealth Advisors, Inc. is a hybrid RIA: 60 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: CIBC Investor Services Inc., CIBC World Markets Corp. and CIBC World Markets Inc..
- CIBC Investor Services Inc.
- CIBC World Markets Corp. ↗CRD 630
- CIBC World Markets Inc.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 2,020 | $35B | 51% |
| Corporations or other businesses | 427 | $18B | 26% |
| Individuals | 6,063 | $9.7B | 14% |
| Investment companies | 6 | $2.1B | 3% |
| Charitable organizations | 402 | $1.9B | 3% |
| Pension and profit sharing plans | 309 | $950M | 1% |
| State or municipal government entities | 8 | $384M | <1% |
| Other | 1 | $153M | <1% |
Disciplinary disclosures
CIBC Private Wealth Advisors, Inc. answers yes to 13 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗private-wealth.us.cibc.com ↗
AtlasMembers
The full record on CIBC Private Wealth Advisors, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 71 peers of its type and size
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- Owners and executives, with titles and stakes
- 10 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 3Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Illinois
All of Illinois →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Hightower Advisors, LLCChicago | $199B | 62,807 |
| Cresset Asset Management, LLCChicago | $79B | 4,746 |
| Savant Wealth ManagementRockford | $56B | 23,288 |
| Choreo, LLCRockford | $19B | 6,794 |
| The Mather Group, LLCChicago | $13B | 4,773 |
| Curi Capital, LLCChicago | $12B | 2,865 |
Compare CIBC Private Wealth Advisors, Inc. with
- CIBC Private Wealth Advisors, Inc. vs Kestra Advisory Services, LLC $80B · Austin, TX
- CIBC Private Wealth Advisors, Inc. vs Cresset Asset Management, LLC $79B · Chicago, IL
- CIBC Private Wealth Advisors, Inc. vs Private Advisor Group, LLC $58B · Morristown, NJ
- CIBC Private Wealth Advisors, Inc. vs IEQ Capital, LLC $57B · Foster City, CA
- CIBC Private Wealth Advisors, Inc. vs Savant Wealth Management $56B · Rockford, IL
Background
Questions
How much does CIBC Private Wealth Advisors, Inc. manage?
CIBC Private Wealth Advisors, Inc. reports $68B in regulatory assets under management across 29,019 accounts, 95% of it on a discretionary basis, on its Form ADV filed June 22, 2026.
How many clients does CIBC Private Wealth Advisors, Inc. have?
It reports 8,083 individual clients: 2,020 high-net-worth individuals and 6,063 other individuals. Individuals account for about 66% of its regulatory assets.
Where is CIBC Private Wealth Advisors, Inc. headquartered?
Its main office is in Chicago, Illinois. It reports 17 offices in total and 610 employees, 220 of whom perform investment advisory functions.
How does CIBC Private Wealth Advisors, Inc. charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does CIBC Private Wealth Advisors, Inc. use?
It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, CIBC Mellon and Fidelity. On Schedule D of its Form ADV filed June 22, 2026, it reports these amounts held: Charles Schwab ($33B); CIBC Mellon ($12B); Fidelity ($11B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is CIBC Private Wealth Advisors, Inc. a hybrid RIA with a broker-dealer?
CIBC Private Wealth Advisors, Inc. is a hybrid RIA: 60 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: CIBC Investor Services Inc., CIBC World Markets Corp. and CIBC World Markets Inc.. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is CIBC Private Wealth Advisors, Inc. a fiduciary?
As an SEC-registered investment adviser, CIBC Private Wealth Advisors, Inc. owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 60 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is CIBC Private Wealth Advisors, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-06-22), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →