Investment advisory services
As an investor with a substantial portfolio, CIBC Wood Gundy provides the level of service and sophistication I expect. Their access to alternative investments and private equity is a differentiator. The annual strategy day is valuable. Only dock one star because reporting could be more frequent.
Pros: Alternative investments access, strategy days, sophisticated
Cons: Could report more frequently
CIBC Wood Gundy provided a holistic financial plan covering investments, tax planning, estate planning, and pension consolidation. Everything is integrated and makes sense as a complete picture. My portfolio has performed well and the tax savings alone have more than covered the advisory fees.
Pros: Holistic planning, tax efficiency, good portfolio returns
Cons: Annual fee is premium but justified
The advice from CIBC Wood Gundy is sound and well-researched. However, the total costs including management fees, fund charges, and platform fees add up to more than I expected. Performance has been decent but after fees, the net return isn't dramatically different from what I could achieve with low-cost funds.
Pros: Professional advice, well-researched recommendations
Cons: Total costs reduce net returns significantly
My wealth manager at CIBC Wood Gundy has been invaluable. They took the time to understand my financial goals, risk tolerance, and life circumstances. The investment strategy they built is tailored to my needs, not a one-size-fits-all model. Regular reviews keep everything on track. Worth every penny of the management fee.
Pros: Truly personalized service, tailored strategies, regular reviews
Cons: Higher minimum investment required