CIBC Private Wealth Management

Unethical and unprofessional. Dealt with Private Wealth team for months on mortgage renewal. Provided wrong information which they couldn't explain. Presented renewal rates they wouldn't honour. Lengthy delays without ever answering the questions asked, dragging out the process. Used increasing rate environment to coerce acceptance of higher rate.
Dec 13th, 2022

CIBC is out of touch with modern investing. The buy and hold model by and large doesnt make sense anymore. Making a 6% yield on a stock that loses 15% is bad business. This has caused my investments to suffer losing years and also to miss out on what would have been successful trends. CIBC needs to realize that to set it and forget it is antiquated in the era of people being able to trade and therefore affect trends from their sofa. Sometimes short term liquidation is better than to chase losses, then reinvest. It appears that they do not look for opportunities. Theres a reason why CIBC is not rated well by retirees.
Dec 6th, 2022

Sep 9th, 2022

CIBC Wealth Management excuatives don't understand their own business structure. Private Banking vs Private Investment Council vs Wood Gundy Advisors are not differentiated. I went Wood Gundy, but after a year I'm so unhappy with the lack of service and the lip service from my so called Advisor Kelly. Go with a different bank.
Mar 30th, 2022

Meggan Harper at Hamilton CIBC Wealth Management is awful to work with.
Dec 5th, 2021