Atlantic Trust receives national recognition at 2016 Family Wealth Report Awards

NEW YORK, March 23, 2016 /PRNewswire/ - Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM)(TSX: CM), today announced that it received two awards at the 2016 Family Wealth Report awards ceremony held on March 10 in New York:

• Leading individual (multi-family office) to David L. Donabedian, CFA, chief investment officer
• Multi-family office (client initiative) for the firm's G2G Impact, Women's CIRCLE and internal legacy training initiatives

Additionally, the firm was highly commended in the private client investment platform category.

"We congratulate all of our professionals on this outstanding industry recognition of our firm's continued success, including the development of initiatives that truly distinguish Atlantic Trust as a wealth management firm focused on meeting all of our clients' needs," said Jack Markwalter, Atlantic Trust chairman and CEO. "In particular, we want to congratulate Dave Donabedian, Atlantic Trust's chief investment officer, on this well-deserved award. Dave's leadership and expertise has driven the success of Atlantic Trust's investment platform, and we thank him for all that he has done on behalf of our clients and our firm."

Family Wealth Report (FWR) is a leading trade publication covering news and other developing stories in the North American wealth management, family office and high net worth/ultra-high net worth sectors. FWR's awards program recognizes companies, teams and individuals within the banking and wealth management industries that the publication deems best-in-class and that "demonstrate innovation and excellence" in their respective fields.

"This is the second year that Atlantic Trust has been recognized by FWR, which underscores our growing reputation in the industry for the strength of our investment platform and for providing exceptional client service," said Eric B. Propper, CFA, Atlantic Trust president.

In addition, the firm was shortlisted for the following awards:

• Multi-family office (above $5 billion assets under management/assets under advisement); five firms were shortlisted for this award
• Outstanding multi-family office executive—Jack Markwalter; four executives were shortlisted for this award
• Women in wealth management (individual contribution)—Linda S. Beerman; five individuals were shortlisted for this award

This is the second recognition Atlantic Trust has received this year. In February, the firm was named Best Private Wealth Manager—Overall by Private Asset Management (PAM), a leading financial services trade publication.

Disclosure
Atlantic Trust was one of five firms shortlisted for and the only firm to receive the Multi-Family Office (Client Initiative) award. The award recognizes new initiatives for clients from multi-family offices of any size or reach. David Donabedian was one of three candidates shortlisted for the Leading Individual (Multi-Family Office) award and its only recipient. The award recognizes an individual working in the private client world. Atlantic Trust was one of five firms shortlisted for the "Private Client Investment Platform" award and the only firm to receive the "highly commended" recognition. The award recognizes investment platforms specializing in servicing the investment needs of the high net worth community. For more information, visit familywealthreport.com.

For the 2016 "Best Private Wealth Manager—Overall award", Atlantic Trust was one of eight firms shortlisted by PAM, which annually invites firms to compete for awards in several categories that are reviewed by a panel of independent industry experts. PAM considers financial progress, growth, client satisfaction and product innovation as reported by companies' responses to questionnaires. Atlantic Trust was the only firm to win this award.

Any reference to a ranking, a rating or an award provides no guarantee of future performance results, is not necessarily indicative of any particular client's experience and is not constant over time.

About Atlantic Trust
Atlantic Trust is one of the nation's leading private wealth management firms, offering integrated wealth management for high net worth individuals, families, foundations and endowments. The firm considers clients' financial, trust, estate planning and philanthropic needs in developing customized asset allocation and investment management strategies. Experienced professionals deliver a broad range of solutions, including proprietary investment offerings and a robust open architecture platform of traditional and alternative managers. The firm has achieved 35 straight quarters of growth—including a record $2 billion of net positive client asset inflows in 2015, coming from clients adding assets to their existing accounts and from new business. Atlantic Trust operates in 13 full-service locations throughout the U.S., with 298 employees nationwide and $26.9 billion in assets under management as of Dec. 31, 2015. For more information, visit www.atlantictrust.com.

About CIBC
CIBC is a leading Canadian-based global financial institution. Through our Retail and Business Banking, Wealth Management and Capital Markets businesses, CIBC provides a full range of financial products to individual, small business, commercial, corporate and institutional clients in Canada and around the world. CIBC acquired Atlantic Trust, a premier U.S. private wealth management firm, in January 2014. You can find other news releases and information about CIBC in our Media Centre on our corporate website at www.cibc.com.

SOURCE Atlantic Trust Private Wealth Management