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CIBC Wood Gundy
CIBC Wood Gundy is the wealth management division of CIBC, one of Canada's Big Five banks.
CIBC Wood Gundy
CIBC Wood Gundy is the wealth management division of CIBC, one of Canada's Big Five banks. The firm traces its heritage to Wood Gundy, a brokerage founded in 1905, which CIBC acquired in 1988. Today it operates as a full-service investment dealer focused on high-net-worth and ultra-high-net-worth clients. The firm delivers asset allocation, securities trading, and financial planning through a network of investment advisors. Portfolio construction typically spans equities, fixed income, alternatives, and cash — sourced from both CIBC and third-party managers. The platform also supports charity-giving programs and legacy planning. Geographically, the firm serves clients from offices in Montreal, Toronto, Vancouver, Norwalk (Connecticut), and St. Louis (Missouri). CIBC Wood Gundy does not disclose total AUM or advisor headcount publicly. The broader CIBC Wealth Management division reported roughly $440 billion CAD in client assets under administration as of fiscal 2024. The firm's giving-back program lets clients establish donor-advised funds. In 2025, the firm launched enhanced e-document services through Wood Gundy Online, digitizing client reporting and account management. What distinguishes CIBC Wood Gundy from independent RIA firms is its bank-owned architecture. The firm benefits directly from CIBC's balance sheet, research platform, and mutual-fund manufacturing — while maintaining a separate brand identity. This hybrid structure gives advisors retail-bank infrastructure with a brokerage-grade compensation model.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Montreal
Corporate office
Montreal, Canada
Additional offices
Toronto · Vancouver · Norwalk · St. Louis
Sector focus
Frequently asked questions
Who runs investment decisions at CIBC Wood Gundy?
CIBC Wood Gundy does not publicly name a single CIO or head of investment management. Investment decisions are made locally by the firm's network of registered investment advisors, each serving their own book of clients. The firm provides research and product shelf support from CIBC but does not centralize portfolio allocation at the brand level.
Is CIBC Wood Gundy structured as a family office or an RIA?
Neither. CIBC Wood Gundy is a bank-owned investment dealer — it is not a family office. It is the high-net-worth advice arm of CIBC, offering investment management, estate planning, and charitable giving through licensed advisors. It operates under CIBC's regulatory umbrella as a member of the Canadian Investment Regulatory Organization (CIRO).
Does CIBC Wood Gundy participate in direct private investments or does it only manage public-market portfolios?
The firm primarily manages public-market portfolios. Through the CIBC platform, clients may gain exposure to alternatives and private investments, but CIBC Wood Gundy itself does not originate direct private-market deals. It is a full-service brokerage and advisory business — not a private-equity or venture-capital shop.
How does CIBC Wood Gundy source proprietary deal flow?
CIBC Wood Gundy does not source proprietary investments. The firm provides access to CIBC's research and investment banking products, including new issues and structured notes, but advisors select from the open market. Deal flow is the product of CIBC's broader banking relationships, not an independent sourcing network.
Does CIBC Wood Gundy have a minimum asset requirement for clients?
The firm does not publicly state a minimum asset level. CIBC Wood Gundy positions itself for high-net-worth clients, and typical advisor practices suggest a threshold in the high-six- to seven-figure range, but no firm-wide minimum is published.
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