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 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 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 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