RIA comparison · SEC Form ADV
Cresset Asset Management, LLC vs CIBC Private Wealth Advisors, Inc.
Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.
The short answer
Cresset Asset Management, LLC is the larger of the two, with $79B in regulatory assets to $68B at CIBC Private Wealth Advisors, Inc., 16% more than its rival, by their latest Form ADV filings. CIBC Private Wealth Advisors, Inc. reports more individual clients (8,083 vs 4,746), while Cresset Asset Management, LLC’s clients hold more on average (about $15 million each against $5.5 million). Both are based in Chicago, Illinois.
| Figure | Cresset Asset Management, LLC | CIBC Private Wealth Advisors, Inc. |
|---|---|---|
| Regulatory AUM | $79B | $68B |
| National rank | #15 | #16 |
| Headquarters | Chicago, Illinois | Chicago, Illinois |
| Individual clients | 4,746 | 8,083 |
| High-net-worth clients | 3,667 | 2,020 |
| Average client assets | $15 million | $5.5 million |
| Accounts | 32,894 | 29,019 |
| Discretionary | 98% of AUM | 95% of AUM |
| Employees | 496 | 610 |
| Advisory staff | 187 | 220 |
| Clients per advisory employee | 25 | 37 |
| Offices | 25 | 17 |
| Form ADV filed | 2026-08-13 | 2026-06-22 |
Cresset Asset Management, LLC
Full profile →Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
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
Questions
Which is bigger, Cresset Asset Management, LLC or CIBC Private Wealth Advisors, Inc.?
Cresset Asset Management, LLC, with $79B in regulatory assets under management against $68B at CIBC Private Wealth Advisors, Inc. Nationally they rank #15 and #16 among 5,657 independent wealth management RIAs.
How many clients do Cresset Asset Management, LLC and CIBC Private Wealth Advisors, Inc. have?
Cresset Asset Management, LLC reports 4,746 individual clients (3,667 high-net-worth) with 187 advisory employees; CIBC Private Wealth Advisors, Inc. reports 8,083 (2,020 high-net-worth) with 220 advisory employees.
How do Cresset Asset Management, LLC and CIBC Private Wealth Advisors, Inc. charge clients?
Only Cresset Asset Management, LLC lists performance-based fees on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.
What services do Cresset Asset Management, LLC and CIBC Private Wealth Advisors, Inc. offer?
Cresset Asset Management, LLC lists pension consulting; educational seminars and workshops, which CIBC Private Wealth Advisors, Inc. does not. CIBC Private Wealth Advisors, Inc. lists portfolio management for investment companies; other services, which Cresset Asset Management, LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for pooled investment vehicles; portfolio management for businesses and institutions; selecting other advisers.
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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: Cresset Asset Management, LLC ↗, CIBC Private Wealth Advisors, Inc. ↗. How to check a financial advisor →