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RIA comparison · SEC Form ADV

CIBC Private Wealth Advisors, Inc. vs Private Advisor Group, LLC

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

CIBC Private Wealth Advisors, Inc. is the larger of the two, with $68B in regulatory assets to $58B at Private Advisor Group, LLC, 18% more than its rival, by their latest Form ADV filings. Private Advisor Group, LLC reports more individual clients (166,623 vs 8,083), while CIBC Private Wealth Advisors, Inc’s clients hold more on average (about $5.5 million each against $330,000). CIBC Private Wealth Advisors, Inc. is based in Chicago, Illinois and Private Advisor Group, LLC in Morristown, New Jersey.

FigureCIBC Private Wealth Advisors, Inc.Private Advisor Group, LLC
Regulatory AUM$68B$58B
National rank#16#17
HeadquartersChicago, IllinoisMorristown, New Jersey
Individual clients8,083166,623
High-net-worth clients2,02027,742
Average client assets$5.5 million$330,000
Accounts29,019170,206
Discretionary95% of AUM100% of AUM
Employees610930
Advisory staff220885
Clients per advisory employee37188
Offices17570
Form ADV filed2026-06-222026-09-30

CIBC Private Wealth Advisors, Inc.

Full profile →

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

Private Advisor Group, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers
  • Periodicals or newsletters
  • Educational seminars and workshops
  • Other services

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Fixed fees
  • Other

Questions

Which is bigger, CIBC Private Wealth Advisors, Inc. or Private Advisor Group, LLC?

CIBC Private Wealth Advisors, Inc., with $68B in regulatory assets under management against $58B at Private Advisor Group, LLC. Nationally they rank #16 and #17 among 5,657 independent wealth management RIAs.

How many clients do CIBC Private Wealth Advisors, Inc. and Private Advisor Group, LLC have?

CIBC Private Wealth Advisors, Inc. reports 8,083 individual clients (2,020 high-net-worth) with 220 advisory employees; Private Advisor Group, LLC reports 166,623 (27,742 high-net-worth) with 885 advisory employees.

How do CIBC Private Wealth Advisors, Inc. and Private Advisor Group, LLC charge clients?

Only Private Advisor Group, LLC lists hourly charges; other forms of compensation on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do CIBC Private Wealth Advisors, Inc. and Private Advisor Group, LLC offer?

CIBC Private Wealth Advisors, Inc. lists portfolio management for investment companies; portfolio management for pooled investment vehicles, which Private Advisor Group, LLC does not. Private Advisor Group, LLC lists pension consulting; periodicals or newsletters; educational seminars and workshops, which CIBC Private Wealth Advisors, Inc. does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; selecting other advisers; other services.

More comparisons

Where these numbers come from

Every figure is the firm’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). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: CIBC Private Wealth Advisors, Inc. ↗, Private Advisor Group, LLC ↗. How to check a financial advisor →