# CIBC Global Asset Management

> CIBC Global Asset Management is an SEC-registered investment advisory firm in Toronto, On, Canada, registered since 1974, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 21, 2026.

- CRD: 106508
- Filed as: CIBC GLOBAL ASSET MANAGEMENT
- Legal name: CIBC Asset Management Inc.
- Also doing business as: CIBC PRIVATE INVESTMENT COUNSEL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Toronto, On, Canada
- Filing period: October 2026
- Form ADV filing dated: September 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106508
- AdvisorCensus page: https://advisorcensus.com/firm/cibc-global-asset-management-toronto-on-106508

## Quick answers

**How is CIBC Global Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), CIBC Global Asset Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is CIBC Global Asset Management located?**
CIBC Global Asset Management's principal office is in Toronto, On, Canada, according to its Form ADV; the October 2026 filing also lists 17 other offices (Schedule D, Section 1.F).

**Is CIBC Global Asset Management registered with the SEC or a state?**
CIBC Global Asset Management is an SEC-registered investment advisory firm, registered since 1974. Status as filed: Approved. CRD 106508.

**How much does CIBC Global Asset Management manage?**
CIBC Global Asset Management reports $162,844,839,654 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (98% discretionary).

**How have CIBC Global Asset Management's assets and staff changed since 2021?**
In the Form ADV data for CIBC Global Asset Management: Regulatory assets under management: $109,559,263,202 in the October 2021 data and $162,844,839,654 in the October 2026 data, up 49%. Total employees: 292 in October 2021 and 478 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does CIBC Global Asset Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (7,903); corporations or other businesses not listed above (1,958); investment companies (245).

**Which custodians does CIBC Global Asset Management use?**
CIBC Global Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists CIBC Mellon Trust (affiliated with the firm) and RBC Investor Services as custodians holding 10% or more of its separately managed account assets.

**Does CIBC Global Asset Management report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106508

**Does CIBC Global Asset Management state an account minimum?**
Its Form ADV Part 2A brochure dated January 22, 2026 says: "Generally, a minimum investment of $2 million CDN or its U.S. dollar equivalent is required to open a CPIC advisory account."

**What changed in CIBC Global Asset Management's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated January 22, 2026)

- Account minimum: $2,000,000

> Generally, a minimum investment of $2 million CDN or its U.S. dollar equivalent is required to open a CPIC advisory account.

- Minimum annual fee: $10,000

> An annual minimum investment management fee of $10,000, calculated monthly, applies to all CPIC accounts or portfolios.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- CIBC Mellon Trust (affiliated with the firm)
- RBC Investor Services

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $162,844,839,654
- Discretionary: $159,948,434,569
- Non-discretionary: $2,896,405,085

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 7,903 | $4,487,160,091 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 245 | $93,646,101,030 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 37 | $4,302,385,248 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 47 | $13,391,769,929 |
| Charitable organizations | 139 | $9,371,640,346 |
| State or municipal government entities (including government pension plans) | 5 | $74,851,938 |
| Other investment advisers | 75 | $34,417,479,895 |
| Insurance companies | 12 | $561,509,388 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 1,958 | $1,442,382,439 |
| Other | 18 | $1,149,559,350 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1974 (52 years)
- Employees: 478 total, 333 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, MA, NH, NY, TX
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106508

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Calgary, Ab
- Edmonton, Ab
- Hamilton, On
- London, On
- Mississauga, On
- Montreal, Qc
- Ottawa, On
- Quebec City, Qc
- Regina, Sk
- Thornhill, On
- Toronto
- Toronto, On
- Vancouver, Bc
- Vaughan, On
- Victoria, Bc
- Waterloo, On
- Winnipeg, Mb

### Websites listed on Form ADV (Item 1.I)
- cibc.com/ca/asset-management/index.html
- cibc.com/en/private-wealth.html
- m.onlinebrokerage.cibc.com
- renaissanceinvestments.ca
- LinkedIn @cibc-asset-management
- LinkedIn @cibc-private-wealth-management
- YouTube @CIBCVideos

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $109,559,263,202 | 292 | September 30, 2021 |
| October 2022 | $137,420,367,322 | 297 | April 1, 2022 |
| October 2023 | $111,588,285,380 | 371 | April 11, 2023 |
| October 2024 | $108,427,741,092 | 401 | February 20, 2024 |
| October 2025 | $141,773,703,254 | 415 | April 10, 2025 |
| October 2026 | $162,844,839,654 | 478 | September 21, 2026 |

Regulatory assets under management: $109,559,263,202 in the October 2021 data and $162,844,839,654 in the October 2026 data, up 49%.
Total employees: 292 in October 2021 and 478 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### September 2026
- Added an office in Toronto.
- No longer lists an office in Toronto, On.
- Updated its list of owners and control persons (Schedule A).

### July 2026
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Regulatory assets under management went from $141,773,703,254 to $162,844,839,654 (+15%).
- Employees performing advisory functions went from 362 to 333.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Registered or notice-filed in MA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. CIBC Global Asset Management (CRD 106508): Form ADV filing data as of October 2026.