With the Opening of a New Office in Dallas, Texas, Atlantic Trust Grows to 14 Offices Nationally

John W. Winslow to serve as head of the Dallas office

DALLAS, June 27, 2016 /PRNewswire/ - Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM) (TSX: CM), today announced it has increased the firm's national reach with the opening of its Dallas office, the firm's 14th location. This strategic expansion builds upon the firm's success in Texas with its established Houston and Austin offices.

The new office is located at 100 Crescent Court in uptown Dallas. This vibrant wealth management market has been ranked number five in the top 10 North American billionaire cities, according to the 2014 Wealth-X and UBS Billionaire Census. 

"Atlantic Trust has built a truly national presence, and I am proud to announce the continuation of our growth with the opening of our third Texas office," said John "Jack" S. Markwalter Jr., chairman and CEO for Atlantic Trust. "We now have expanded our footprint to one of the fastest-growing wealth centers in the country, and we couldn't be more pleased."

Managing Director John W. Winslow, CFA, will serve as head of the Dallas office. Winslow has more than 25 years of industry experience working with clients to provide holistic wealth management solutions to suit their individual needs.

"Last year, we hired John to help establish a presence for us in Dallas. He is a strong, experienced leader and talented relationship manager," said Eric B. Propper, CFA, president of Atlantic Trust. "The opening of this office strengthens our presence in Texas building upon our growth in the Houston and Austin markets, under the leadership of Scott Caven and Mark Frazier, respectively.  John will help Atlantic Trust continue to grow and build our brand in Texas."

"I am honored to help lead the growth of Atlantic Trust's business in Dallas," said Winslow. "Atlantic Trust is distinguished by the firm's transparent fiduciary management, high-performing investment platform and integrated, customized wealth and legacy planning. I am continuously impressed with our offerings and am proud to be part of this great team of professionals who are dedicated to acting in every client's best interest."

Atlantic Trust's expansion in Texas reflects its strong growth firm-wide. As of March 31, 2016, Atlantic Trust had $26.8 billion in assets under management (AUM), marking 36 straight quarters of growth coming from clients adding assets to their existing accounts and from new business. The firm has hired 22 employees fiscal year-to-date, including four professionals in business development, relationship management and wealth strategies.

About Atlantic TrustAtlantic 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 36 straight quarters of growth coming from clients adding assets to their existing accounts and from new business. Atlantic Trust operates in 14 full-service locations throughout the U.S., with 310 employees nationwide and $26.8 billion in assets under management as of March 31, 2016. For more information, visit www.atlantictrust.com.

About CIBCCIBC 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