Commerce Advisors, Llc
- Regulatory AUM
- $338M
- Discretionary
- $323M
- Clients
- 143
- Avg AUM / client
- $2.4M
- Accounts
- 438
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Feb 25, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 74 | $20.4M | 6.04% |
| High net worth individuals | 59 | $226M | 67.0% |
| Pension and profit sharing plans | 2 | $9.4M | 2.79% |
| Charitable organizations | 5 | $11.6M | 3.44% |
| Corporations and other businesses | 3 | $70.0M | 20.7% |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Memphis Industrial Park Investors Inc EIN 061566509 | Hartford, CT | 06/30/2024 |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| William David Woodmansee | President | Oct 2009 (17y) | Less than 5% | |
| Byrce, Thomas, J | Managing Member Of Bf Leasing | Jul 2012 (14y) | ≈ 9.38% – 37.5% via Bf Leasing Llc | |
| Kurt Austin Voldeng | Cio | Jul 2012 (14y) | Less than 5% | |
| Robinson, Joseph, Vincent | Ceo/Cco | Jul 2012 (14y) | Less than 5% | |
| Ronald Dow Partain | Registered representative | Apr 2024 (2y) | ||
| Justin Peterkin | Registered representative | May 2026 (0y) | ||
| Michael Edward Perdzock | Registered representative | Jul 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Commerce Holdings Llc | Member | Aug 2009 | A | 75% or more |
| Bf Leasing Llc | Member | Jul 2012 | B | ≈ 18.75% – 50% via Commerce Holdings Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Byrce, Thomas, J: 50% – 75% of Bf Leasing Llc × 25% – 50% of Commerce Holdings Llc × 75% – 100% direct ≈ 9.38% – 37.5% of the firm
- Bf Leasing Llc: 25% – 50% of Commerce Holdings Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Foundations & charities (1)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Memphis Industrial Park Investors Inc | Public charity | $69.0M | 06/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 02/25/2026 | 954 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- National Financial Services (Fidelity) $128M (87% of AUM) Feb 2019
- Fidelity Brokerage Services $40.3M (12% of AUM) Feb 2026
- Charles Schwab & Co. $161K (0% of AUM) Feb 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Feb 25, 2026.
View current Form ADV (SEC/IAPD) ↗