David M. Butts

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CRD#: 4315067

Professional summary

Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.

That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

David Michael Butts, CFP®, CLU® was a registered financial professional .

David is a previously registered financial professional and started their career in finance in 2001. David had worked at 4 firms and has passed the Series 63, Series 7 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Aliases

None

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary)

The CRS(Customer Relationship Summary) document is not provided.

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

CFP^®

Certified Financial Planner

Start date: 2002

CLU^®

Chartered Life Underwriter

Experience

Past

February 19, 2015 - August 12, 2019

CIBC PRIVATE WEALTH ADVISORS, INC.

RIA

CRD#: 109644

CHICAGO, IL

Past

August 1, 2007 - December 24, 2008

BROWN BROTHERS HARRIMAN & CO.

CRD#: 104487

CHICAGO, IL

Past

June 3, 2003 - June 27, 2007

LASALLE FINANCIAL SERVICES, INC.

CRD#: 20373

CHICAGO, IL

Past

March 25, 2003 - April 3, 2003

BANC ONE SECURITIES CORPORATION

RIA

CRD#: 16999

CHICAGO, IL

Past

February 27, 2002 - April 3, 2003

BANC ONE SECURITIES CORPORATION

CRD#: 16999

CHICAGO, IL

Past

February 6, 2001 - February 19, 2002

BANC ONE SECURITIES CORPORATION

CRD#: 16999

CHICAGO, IL

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

CIBC PRIVATE WEALTH ADVISORS, INC.

CRD#: 109644 / SEC#: 801-57986

RIA

Registered Investment Advisory firm - (10/27/2000 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

Series 63

Date: 2/12/2001

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7

Date: 9/11/2007

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 2/5/2001

Investment Company Products/Variable Contracts Representative Examination

Current Firm

CIBC PRIVATE WEALTH ADVISORS, INC.

CRD#: 109644 / SEC#: 801-57986

RIA

Registered Investment Advisory firm - (10/27/2000 Approved)

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Contact information

Main Address

181 West Madison Street 36th Floor, Chicago, IL 60602

Mailing Address

Phone number

(312) 368-7700

Established

Firm type

Fiscal year end

# of Employees

570

SEC notice filing (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

CIBC PRIVATE WEALTH ADVISORS INC BROCHURE (3/28/2025)

Regulatory assets under management

Total Number of Accounts	28,865
AUM (Assets Under Management)	$ 61,112,966,756

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
10/24/2025	Cover Page	Report
04/30/2025	Cover Page	Report
10/20/2023	Cover Page	Report
04/26/2023	Cover Page	Report

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Advisor Monitoring

Firm Stability Insights

David M. Butts

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

BROWN BROTHERS HARRIMAN & CO.

LASALLE FINANCIAL SERVICES, INC.

BANC ONE SECURITIES CORPORATION

BANC ONE SECURITIES CORPORATION

BANC ONE SECURITIES CORPORATION

Primary Firm SEC Registration

CIBC PRIVATE WEALTH ADVISORS, INC.

State Registrations and Notice Filings

Exams

Series 63

Date: 2/12/2001

Series 7

Date: 9/11/2007

Series 6

Date: 2/5/2001

Current Firm

CIBC PRIVATE WEALTH ADVISORS, INC.

Contact information

SEC notice filing (53 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

CIBC PRIVATE WEALTH ADVISORS, INC.

TRUST BUT VERIFY

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