Item 5: Fees and Compensation
Item 5A – Advisory Fees
We use the following standard fee schedules.
Separate Accounts
New Accounts with Equity and Balanced Portfolios:
• On the first $5 million............................................................................................1.00% annually
• On the next $5 million ...........................................................................................0.80% annually
• On all additional amounts .....................................................................................0.60% annually
• Minimum annual fee..............................................................................................$10,000
New Accounts with Fixed Income Portfolios:
• On the first $10 million .........................................................................................0.50% annually
• On the next $20 million .........................................................................................0.35% annually
• On all additional amounts .....................................................................................0.25% annually
• Minimum annual fee..............................................................................................$10,000
New Accounts with Cash Portfolios:
• On the first $50 million .........................................................................................0.20% annually
• On the next $50 million .........................................................................................0.15% annually
• On all additional amounts .....................................................................................0.10% annually
• Minimum annual fee..............................................................................................$10,000
New Wealth Management Accounts:
• On the first $5 million............................................................................................1.20% annually
• On the next $5 million ...........................................................................................0.80% annually
• On all additional amounts .....................................................................................0.60% annually
• Minimum annual fee..............................................................................................$10,000
Legacy Geneva Accounts Standard Fee:
• Equity holdings ......................................................................................................1.50% annually
• Fixed Income holdings ......................................................................................... 0.50% annually
On occasion we will negotiate the fees charged on an account. For example, we could negotiate a different fee schedule
or minimum if we expect an account to grow substantially in size or already have a longstanding relationship with a
client. In situations where we expect that an account will grow substantially, we might base our fees on the size to
which we expect the account to grow. In situations where we have a longstanding relationship with a client, we often
consider assets that we are already managing for that client when determining fees for the new account. There is a
separate fee charged where family office services are engaged based on a defined list of services. Additionally, our fee
schedules have evolved overtime, and therefore some of our accounts have different fee arrangements, reflecting what
the standard fees were at the time the accounts were opened. Accounts opened by our employees and their family
members are charged fees at a discount to our standard fee schedule.
We exclude investments in shares of any affiliated mutual funds, affiliated exchange-traded funds and notes or affiliate
private funds from the assets under management figure used to calculate client fees.
Should a client instruct us to assign certain holdings within their account to a non-managed portfolio of which the client
limits our discretionary authority (such holdings/securities are commonly referred to as “Client-directed Assets”), we
SEC File #:
CIBC Private Wealth Advisors, Inc. 801-57986 Date: June 22, 2026
will not provide investment advice or monitoring for such Client-directed Assets. However, we shall, if selected by the
client in their investment management agreement to do so, vote proxies solicited, process class action proof of claim
forms, and advise on any corporate action decisions for such Client-directed Assets. We will not include the Client-
directed Assets when calculating the investment advisory fee, and the Client-directed Assets will remain in the client’s
account until such time as the client directs us to sell such asset(s).
Managed Account Programs
The fees received by us for investment advice to Managed Account Programs vary depending on a variety of factors
including inception date, the investment strategy selected, and services provided by us, but generally fall within a range
of 0.10% to 1.50% per annum based on assets under management.
Item 5B – Billing of Fees
Client fees are generally billed quarterly in advance, except in the case of family office services fees, which are billed in
arrears. Fees are based on the fair market value of clients’ billable assets under management at the end of the last day
of the preceding quarter; however, some legacy clients have a fixed fee component. Fees will not be adjusted for
deposits into, or withdrawals made from client accounts, nor for appreciation or depreciation of the account assets
within the quarter. As noted above, this standard arrangement is occasionally altered or negotiated in special
circumstances.
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