CIBC Wood Gundy is the retail division of CIBC World Markets Inc., the corporate and investment banking arm of the Canadian Imperial Bank of Commerce (CIBC). One of the largest banks in Canada, CIBC is a full-service global financial institution. There are about 1,400 CIBC Wood Gundy Investment Advisors working in approximately 100 branches across Canada, ensuring you are never far from the one to one expertise that characterizes the relationships our Investment Advisors establish with their clients. The Wood Gundy partnership opened its doors for business in Toronto on February 1, 1905. At the time, financial management - largely restricted to corporations and very wealthy individuals - was far from the democratic enterprise it has become today. However, the firm's storied legacy of serving the financial needs of Canadians took hold when Wood Gundy played an active role in helping place war bonds in the hands of over one million Canadians during the First World War. The rapid economic growth that followed the Great War quickly escalated the need for increasingly sophisticated financial management expertise. Since then, the firm has helped generations of Canadians with comprehensive wealth management services. Acquired by CIBC in 1988, what is now known as CIBC Wood Gundy has consistently upheld standards that have always made our name synonymous with excellence, service and investing expertise. CIBC Wood Gundy is proud to uphold CIBC's great tradition of community involvement. In a 2004 poll that rated seven financial institutions on how well they are fulfilling their responsibilities to society, CIBC was in a virtual tie at the top, with 23 per cent of respondents - from right across the country - rating us above average. We believe those ratings are enhanced by our nationally profiled charitable work, such as Miracle Day, CIBC Run for the Cure, and the CIBC Wood Gundy Climb for the Cure, as well as by countless charitable initiatives at the branch level that CIBC Wood Gundy Investment Advisors undertake in their communities from coast to coast every year. CIBC Wood Gundy is also active in sponsoring arts and amateur athletics in Canada, hosting events that provide clients with unique experiences that celebrate life's richest moments. more... See more text