{
  "crd_number": 109644,
  "slug": "cibc-private-wealth-advisors-inc-chicago-il-109644",
  "primary_business_name": "CIBC PRIVATE WEALTH ADVISORS, INC.",
  "legal_name": "CIBC PRIVATE WEALTH ADVISORS, INC.",
  "dbas": [
    "CIBC PRIVATE WEALTH MANAGEMENT"
  ],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2000-10-27",
  "years_registered": 25,
  "period": "2026-10-01",
  "filing_date": "2026-06-22",
  "carried_forward": false,
  "raum_total": 67840284252.0,
  "raum_discretionary": 64416934160.0,
  "raum_non_discretionary": 3423350092.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 610,
  "advisory_employees": 220,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 152959386.0,
      "count": 1,
      "description": "INDIAN TRIBE"
    },
    "charitable": {
      "raum": 1864291062.0,
      "count": 402
    },
    "individuals": {
      "raum": 9734612184.0,
      "count": 6063
    },
    "state_municipal": {
      "raum": 384263494.0,
      "count": 8
    },
    "investment_companies": {
      "raum": 2057781880.0,
      "count": 6
    },
    "pension_profit_sharing": {
      "raum": 950327369.0,
      "count": 309
    },
    "high_net_worth_individuals": {
      "raum": 34762747215.0,
      "count": 2020
    },
    "corporations_other_businesses": {
      "raum": 17933301662.0,
      "count": 427
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 6,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://facebook.com/CIBCUS",
    "https://instagram.com/CIBC_US",
    "https://linkedin.com/COMPANY/CIBC_US",
    "https://private-wealth.us.cibc.com",
    "https://threads.net/@cibc_us",
    "https://vimeo.com/CIBCPRIVATEWEALTH",
    "https://youtube.com/@cibcus8126"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109644",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "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?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "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?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.H(1)(c)",
      "question": "Has a domestic or foreign court ever dismissed, under a settlement agreement, an investment-related civil action brought against the firm or an advisory affiliate by a state or foreign financial regulator?"
    },
    {
      "item": "11.H(2)",
      "question": "Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?"
    }
  ],
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/cibc-private-wealth-advisors-inc-chicago-il-109644",
  "display_name": "CIBC Private Wealth Advisors, Inc.",
  "summary": "CIBC Private Wealth Advisors, Inc. is an SEC-registered investment advisory firm in Chicago, IL, registered since 2000, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 22, 2026.",
  "citation": "AdvisorCensus. CIBC Private Wealth Advisors, Inc. (CRD 109644): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "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)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is CIBC Private Wealth Advisors, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), CIBC Private Wealth Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is CIBC Private Wealth Advisors, Inc. located?",
      "a": "CIBC Private Wealth Advisors, Inc.'s principal office is in Chicago, IL, according to its Form ADV; the July 2026 filing also lists 16 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is CIBC Private Wealth Advisors, Inc. registered with the SEC or a state?",
      "a": "CIBC Private Wealth Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 109644."
    },
    {
      "q": "How much does CIBC Private Wealth Advisors, Inc. manage?",
      "a": "CIBC Private Wealth Advisors, Inc. reports $67,840,284,252 in regulatory assets under management in its Form ADV filing dated June 22, 2026 (95% discretionary)."
    },
    {
      "q": "How have CIBC Private Wealth Advisors, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for CIBC Private Wealth Advisors, Inc.: Regulatory assets under management: $45,888,990,610 in the October 2021 data and $67,840,284,252 in the October 2026 data, up 48%. Total employees: 439 in October 2021 and 610 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does CIBC Private Wealth Advisors, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (6,063); high net worth individuals (2,020); corporations or other businesses not listed above (427)."
    },
    {
      "q": "Which custodians does CIBC Private Wealth Advisors, Inc. use?",
      "a": "CIBC Private Wealth Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., CIBC Mellon and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does CIBC Private Wealth Advisors, Inc. report any disciplinary disclosures?",
      "a": "Reports 6 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.E(2) (self-regulatory organization's finding of a rule violation), 11.H(1)(c) (regulator's civil action dismissed under a settlement), and 11.H(2) (pending civil proceeding). 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/109644"
    },
    {
      "q": "Does CIBC Private Wealth Advisors, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 22, 2026 says: \"We generally require a minimum account size of $1,000,000. However, we also participate in coordinated service arrangements as described in Item 5C with third parties that have lower minimum account sizes.\" \"Additionally, we waive the minimum account size based on several factors such as existing relationships or the expectation that a relationship will grow.\""
    },
    {
      "q": "What changed in CIBC Private Wealth Advisors, Inc.'s recent Form ADV filings?",
      "a": "In the July 2026 filing data: Changed its office addresses in Boston, MA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 45888990610.0,
      "total_employees": 439,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 73775455095.0,
      "total_employees": 444,
      "filing_date": "2022-08-04"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 51105957813.0,
      "total_employees": 455,
      "filing_date": "2023-04-04"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 57308548955.0,
      "total_employees": 539,
      "filing_date": "2024-07-08"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 61112966756.0,
      "total_employees": 570,
      "filing_date": "2025-06-23"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 67840284252.0,
      "total_employees": 610,
      "filing_date": "2026-06-22"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Changed its office addresses in Boston, MA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 210 to 220.",
        "Regulatory assets under management went from $61,112,966,756 to $67,840,284,252 (+11%).",
        "Added an office in Birmingham, MI.",
        "Added an office in Milwaukee, WI.",
        "Added an office in Tampa, FL."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 22, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "We generally require a minimum account size of $1,000,000. However, we also participate in coordinated service arrangements as described in Item 5C with third parties that have lower minimum account sizes.",
          "Additionally, we waive the minimum account size based on several factors such as existing relationships or the expectation that a relationship will grow."
        ]
      }
    ],
    "quotes": [
      "We generally require a minimum account size of $1,000,000. However, we also participate in coordinated service arrangements as described in Item 5C with third parties that have lower minimum account sizes.",
      "Additionally, we waive the minimum account size based on several factors such as existing relationships or the expectation that a relationship will grow."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "CIBC Mellon",
      "name_as_filed": "CIBC MELLON",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/cibc-private-wealth-advisors-inc-chicago-il-109644.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 6063,
      "fewer_than_5": false,
      "raum": 9734612184.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 2020,
      "fewer_than_5": false,
      "raum": 34762747215.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 6,
      "fewer_than_5": false,
      "raum": 2057781880.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 309,
      "fewer_than_5": false,
      "raum": 950327369.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 402,
      "fewer_than_5": false,
      "raum": 1864291062.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 384263494.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 427,
      "fewer_than_5": false,
      "raum": 17933301662.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 1,
      "fewer_than_5": false,
      "raum": 152959386.0
    }
  ],
  "disclosure_line": "Reports 6 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109644",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}