He was arrested in Mexico last year and is accused of creating a secret society called "DOS", of more than a dozen women "slaves" and "masters" with him - the sole man - at the top.
He has denied the charges against him and insisted the alleged sexual relationships with women were consensual.
Bronfman will be sentenced on July 25. She could face up to 25 years in prison but the government's sentencing guidelines suggest she will serve up to just 27 months.
The philanthropist and former equestrian show jumper is the daughter of Edgar Bronfman, the late Canadian chairman of liquor giant Seagram whose net worth was estimated at £2 billion.
She was a member of Nxivm's executive board and is said to have used her wealth to finance court summons against presumed enemies, fake identities to access data and to help Raniere use the credit card of a deceased ex-mistress.
Bronfman was the fifth person to plead guilty in the case. This month Allison Mack, an actress in Smallville, pleaded guilty to racketeering and conspiracy for allegedly recruiting women to the purported mentorship group, whom US prosecutors say were forced to have sex with its leader.
Lauren Salzman, the daughter of a Nxivm co-founder, and Kathy Russell, the group's bookkeeper, have also pleaded guilty over their roles in the group.