CIBC Private Wealth Advisors offers investment advice, including asset allocation and portfolio management, as well as wealth advisory services like financial, estate, and philanthropic planning. CIBC also provides administrative services for an additional fee, such as monitoring non-managed assets and processing asset transfers. They may use personnel from their non-U.S. affiliate, CIBC Wood Gundy, to provide services. CIBC may introduce clients to non-affiliated tax professionals and may offer a discount on investment advisory fees if clients engage such professionals.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.80% |
| $10M+ | 0.60% |
Schedule is for new accounts with equity and balanced portfolios. Minimum annual fee of $10,000. Fees may be negotiable. Other schedules exist for fixed income and cash portfolios.