CIBC adviser managing $400 million joins Stratos

CIBC adviser managing $400 million joins Stratos
Kenneth Gimbel specializes in developing specifically tailored asset management programs for large and complex trusts and investment relationships.
SEP 28, 2022

Kenneth J. Gimbel, who managed more than $400 million at CIBC Private Wealth Management in Chicago, has joined Stratos Wealth Advisors, a unit of Beachwood, Ohio-based Stratos Wealth Holdings.

Gimbel, who has more than 50 years of wealth management experience, was previously a partner at Geneva Investment Management before it became part of CIBC in 2017, Stratos said in a press release Wednesday.

Gimbel specializes in developing specifically tailored asset management programs for large and complex trusts and investment relationships.

He also spent 15 years in Harris Bank’s Wealth Group and was director of pension fund investments for automotive supplier BorgWarner Inc.

TAMPs are in a race to build wealth management platforms

Latest News

Edward Jones facing more race bias claims in new lawsuit
Edward Jones facing more race bias claims in new lawsuit

A private partnership, Edward Jones is a giant in the retail brokerage industry with more than 20,000 financial advisors.

Advisor moves: LPL recruitment momentum continues with $815M Northwestern Mutual team
Advisor moves: LPL recruitment momentum continues with $815M Northwestern Mutual team

Meanwhile, Raymond James and Tritonpoint Partners separately welcomed father-son teams, including a breakaway from UBS in Missouri.

SEC chief Atkins signals caution on prediction market ETFs amid broader rethink of novel fund structures
SEC chief Atkins signals caution on prediction market ETFs amid broader rethink of novel fund structures

Paul Atkins has asked staff to solicit public comment on novel ETFs, pausing the clock on as many as 24 filings linked to the booming event contracts market.

Private capital's $1 trillion bet on the American retirement account
Private capital's $1 trillion bet on the American retirement account

From 401(k)s to retail funds, Deloitte sees private equity and credit crossing into mainstream investing on two fronts at once.

Advisor moves: Wells Fargo Advisors pulls in $9.6b in fresh talent during first half of May
Advisor moves: Wells Fargo Advisors pulls in $9.6b in fresh talent during first half of May

Big-name defections from Morgan Stanley, UBS, and Merrill Lynch headline a busy two weeks of recruiting for the wirehouse.

SPONSORED Are hedge funds the missing ingredient?

Wellington explores how multi strategy hedge funds may enhance diversification

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management