CIBC Global Asset Management (CIBC GAM) offers investment management advisory services to institutional clients. CIBC GAM manages client accounts based on their individual investment needs and restrictions. Investments may include cash, bonds, stocks, and other instruments. CIBC GAM seeks to understand each client’s investment needs and provides periodic reporting.
CIBC GAM charges institutional clients a management fee based on a percentage of the assets they manage. The fees are calculated monthly and billed quarterly. The specific fee depends on the investment strategy, the size of the account, and the servicing requirements. There is also a minimum annual fee that varies by strategy. Some clients may also be charged a performance-based fee.