Wealth Management provides integrated advice and investment solutions to meet the needs of institutional, retail, and high net worth clients. Our asset management, retail brokerage and private wealth management businesses combine to create an integrated offer, delivered through approximately 1,600 advisors across Canada and the U.S.

Our business strategy

Our growth strategy is aligned to CIBC’s three strategic bank-wide priorities of client focus, innovation and simplification. We are focused on enhancing the client experience, driving asset growth, and simplifying and optimizing our business platform.

2016 progress

We made good progress in 2016 on our strategy.

Enhance the client experience

  • Both CIBC Wood Gundy, our full service brokerage, and CIBC Investor’s Edge, our self-directed brokerage, made solid progress in the most recent J.D. Power Canadian Investor Satisfaction Surveys.
  • Enhanced internal client referral framework to serve our clients’ banking and investment needs.

Drive asset growth

  • Strong net flows of $11 billion driven by all of our Wealth Management businesses.
  • Expanded CIBC Personal Portfolio Services (PPS) offer with three new Income Generation Portfolios.
  • Launched the Renaissance Private Investment Program for high net worth clients, and other products.
  • Solid asset growth across all lines of business.

Simplify and optimize our business platform

  • Brought our Canadian private wealth management and Wood Gundy businesses together, aligning our high net worth advisor businesses under one platform.
  • Launched e-statements for CIBC PPS and CIBC Mutual Fund accounts, further simplifying investment statement management for clients.
  • Expanded Delaware Trust services in Atlantic Trust.

Our focus for 2017

We are building a strong, innovative, relationship-oriented bank. To build on our momentum and accelerate our transformation, we will continue to align our focus in 2017 to CIBC’s three strategic bank-wide priorities. We will do this by:

  • Enhancing the client experience
  • Driving asset growth through advice and an integrated offer for clients to meet their broader wealth management needs
  • Simplifying and optimizing our business platform to make it easier to invest with our bank