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Atlantic Trust receives national recognition at Family Wealth Report Awards


News provided by

Atlantic Trust Private Wealth Management

Mar 18, 2015, 11:00 ET

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Atlantic Trust's high-net-worth family and legacy wealth management planning expertise recognized with national "Best Multi-Family Office" award

NEW YORK, March 18, 2015 /PRNewswire/ - Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM) (TSX: CM), today announced that it has been named the country's "Best Multi-Family Office" at the annual Family Wealth Report Awards held on March 12, 2015 in New York. The firm was shortlisted for seven awards.

Atlantic Trust was one of seven finalists in contention for the award, which recognizes multi-family offices with "a genuinely national reach." Judges were impressed with the firm's demonstration of "a cohesive management strategy over time and with the continuity of their culture of excellence."

"This is a significant achievement for Atlantic Trust, and we are proud of our team's hard work and dedication," said Jack Markwalter, Atlantic Trust chairman and CEO. "This award provides further evidence of our commitment to providing high-quality, customized service to our clients and their families."

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

"This is the first year that Atlantic Trust has been recognized by Family Wealth Report, which underscores our growing reputation in the industry for having an innovative and successful investment platform," said Eric B. Propper, CFA, Atlantic Trust President.

In total, the firm was shortlisted for seven awards, including two for its G2G (Generation to Generation) Impact programs for multi-generational families and women:

  • Multi-Family Office (National)
  • Multi-Family Office (Client Initiative)
  • Private Client Investment Platform
  • Alternative Asset Manager
  • National Private Asset Manager
  • Philanthropy Offering
  • Women in Wealth Management (Company Contribution)

This is the second multi-family office award for Atlantic Trust in 2015. In February, the firm was recognized for investment excellence by Private Asset Management, a leading financial services trade publication, for the fourth consecutive year.

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. Atlantic Trust operates in 13 full-service locations throughout the U.S. with $26.2 billion in assets under management (as of Dec. 31, 2014). 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 Wholesale Banking 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 owns a 41 percent equity interest in American Century Investments®, a major U.S. asset management company, serving financial intermediaries, institutions and individuals, and 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

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