Atlantic Trust welcomes Amanda G. Marsted to New York office

Wealth management firm continues to recruit key talent in major markets

ATLANTA, June 24, 2014 /CNW/ - Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM) (TSX: CM), is pleased to announce the addition of Amanda G. Marsted to the firm's New York office as managing director and senior relationship manager.

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"The addition of Amanda to our firm underscores Atlantic Trust's ongoing commitment to hiring the very best talent and providing our clients with superior service and customized investment solutions," says Jack Markwalter, Atlantic Trust chairman and CEO.

"We are pleased to welcome Amanda to our firm," said Atlantic Trust President Eric Propper. "As our firm's expansion continues to show, a growing number of experienced wealth management and investment professionals are coming to Atlantic Trust to serve clients and build their careers."

As a managing director and senior relationship manager, Marsted's primary areas of focus are on providing customized asset allocation and investment strategies for her clients within the context of their tax, estate and charitable planning priorities. She brings more than 19 years of experience to the firm from Brown Brothers Harriman & Co., where she managed assets for high-net-worth individuals. She has also worked as an equity analyst for New Frontier Capital L.L.C. and Federated Global Investment Management.

Marsted graduated cum laude from Georgetown University with a major in French and minor in economics and earned an M.A. in international economics from Columbia University's School of International and Public Affairs.

Atlantic Trust has hired 20+ professionals year-to-date, including 11 at the vice president level or above; seven are client relationship managers in New York, Chicago, Atlanta, Denver and Houston. The firm plans to hire more than 30 professionals in 2014.

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. Atlantic Trust operates in 12 full-service locations throughout the U.S. with $24.4 billion in assets under management (as of April 30, 2014). 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 Wholesale Banking 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 owns a 41-percent equity interest in American Century Investments®, a major U.S. asset management company, serving financial intermediaries, institutions and individuals, and 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

Media inquiries: Caroline Van Hasselt, Director, CIBC External Communications and Media Relations, [phone], [email protected] or Carolyn Donnelly, Atlantic Trust Director of Marketing, (404) 881-3417, [email protected].