Account Types

You may already have a specific investment vehicle in mind for your money. Or you may want the input of an Investment Advisor first to help you clarify your investment priorities and determine the best options for achieving preferred results.

Whatever your personal starting point, the account type you choose will have a significant impact on whether or not your investment can deliver what you want from it. However, the vast range of investment options can present a daunting challenge for many people – even those who are relatively sophisticated about financial matters.

Matching your goals, resources and personal preferences to the right account type is part of what a CIBC Wood Gundy Investment Advisor will do for you. Drawing on the full array of offerings from the CIBC Group of Companies (which also draw on products and services from third-party organizations), he or she will recommend innovative solutions to your unique needs. Some of the many account types offered by CIBC Wood Gundy include:

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When you're ready to discuss opening an account with one of our Investment Advisors, here is a useful schema to organize your thoughts, so that with proper advice you can choose the account type that is optimally suited to your needs.

By Specific Purpose

For example, a Registered Education Savings Plan (RESP) is intended to help you specifically invest for your child's post-secondary education. As an alternative, more sophisticated investors might turn to a formal or informal trust as a tax-effective education funding strategy.

By What it May Hold

Some hold a wide variety of investments (mutual funds, bonds, stock, etc.); others only accommodate one type (e.g., mutual funds). It's also possible to build a portfolio exclusively of private equity funds if your resources are robust and ambitions for growth focused.

By Your Level of Investable Assets

Some accounts are suitable for affluent individuals whose discretionary assets allow them to hold investments with high minimum requirements. Others offer the opportunity to work seriously towards your financial goals with less capital.

By Additional Features/Benefits Desired

CIBC Wood Gundy offers a multipurpose account that combines investment and financial management resources, including convenient and useful value-added features such as a credit card and chequing capabilities.

By How You Are Charged

Some accounts charge a commission for each trade; others offer an overall fee for the services provided – which we know many investors increasingly prefer.

By Your Involvement in Decision-Making

You can have ongoing involvement in managing your investments through your Investment Advisor. Or you can grant discretionary authority to investment professionals to manage your money on your behalf.

By the Protection it Offers

Your CIBC Wood Gundy portfolio may include alternative investments, such as segregated (or "seg") funds, a type of insurance contract that can offer some protection within specified limits. It may also include other forms of life and wealth protection to shield you from potential loss.

Use our Find An AdvisorOpens a new window in your browser. tool to locate a CIBC Wood Gundy Investment Advisor near you and take the first step to achieving the financial future you want.