Commerce Advisors, LLC

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Client assets under management

$246,835,379

Clients

133

44% high-net worth

Advisors

of 6 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Typical

Average account size

$1,855,905

About

Commerce Advisors serves high net worth individuals and family offices and, on a selective basis, corporate pension and profit-sharing plans, charitable institutions, foundations, trusts, estates and business entities. The firm provides comprehensive wealth management services including financial planning, portfolio management, and retirement plan advisory and fiduciary consulting.

At engagement, Commerce Advisors develops a Financial Profile and a client-specific Investment Plan and implements those plans on either a discretionary or non‑discretionary basis, using mutual funds, ETFs, separate account managers and model portfolios. The firm also deploys alternative investments that may be limited to eligible investors and may generate K‑1 tax reporting, and it discloses that underlying managers may use strategies such as short‑term trading, options, margin and short sales.

Noteworthy for a three‑advisor firm is its scale and retirement-plan focus: the brochure reports roughly $338 million in client assets (about $323.3M discretionary and $14.5M non‑discretionary) and describes ERISA fiduciary services including 3(38) discretionary plan management and ongoing investment monitoring. The firm also uses a third‑party platform to manage held‑away participant accounts and discloses an affiliated registered representative relationship with Purshe Kaplan Sterling Investments who may receive commissions for certain products, a potential conflict it addresses in its disclosures.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Wealth management Retirement plans for business owners (SEP, solo 401k) Active portfolio management Private / alternative investments Options & derivatives strategies

Occupation focus

Founder/Business Owner Retired

Fee options

Fixed

Fixed fees based on scope and complexity for stand-alone financial planning; fixed fees also negotiated for retirement plan advisory services.

Percentage

0.30% to 1.00% annually, negotiated per client based on portfolio size and service needs

Commissions

One employee is a registered representative receiving commissions on sales of annuities, 529 plans, and 401(k) plans when commission fee is less than Commerce Advisors minimum advisory fee.

Other

Minimum fee: Fixed fees are available for stand-alone financial planning and may be negotiated for portfolio management and retirement plan advisory services based on scope and complexity. Fee-only: Fixed fees for stand-alone financial planning and negotiated fixed fees for retirement plan advisory services.

Main office location

Commerce Advisors, LLC

5050 Poplar Avenue, Suite 2020

Memphis TN 38157, United States

Number of offices

Most active in

Florida · Mississippi · Tennessee · Texas

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn Facebook X Website 901-260-6050

Advisors at this firm

Kurt V

Series 63

Memphis, TN

Commerce Advisors, LLC

Kurt Voldeng is a financial advisor with Commerce Advisors, LLC in Memphis, TN, holding a Series 63 designation and over 21 years of industry experience. He has been with Commerce Advisors since 2017 and previously worked at Commerce Asset Management, LLC from 2011 to 2022. Commerce Advisors serves individual investors, high-net-worth clients, family offices, and select institutional clients, offering comprehensive wealth management services. The firm emphasizes tailored financial planning and diversified portfolio management, with a formal ERISA focus and a combination of active, passive, and alternative investment strategies.

Wealth management Retirement plans for business owners (SEP, solo 401k) Active portfolio management Private / alternative investments Options & derivatives strategies Founder/Business Owner Retired

Ronald P

Series 63, Series 65

Memphis, TN

Commerce Advisors, LLC

Ronald Partain is a financial advisor at Commerce Advisors, LLC with 12 years of industry experience. He holds Series 63 and Series 65 licenses and has worked previously at WCM Investment Management, Weaver C. Barksdale & Associates, Inc., and AndCo, as well as operating as a self-employed advisor. Commerce Advisors serves individual investors, high-net-worth clients, family offices, and select institutional clients, offering comprehensive wealth management including financial planning, portfolio management, and retirement plan advisory. The firm utilizes a tailored investment approach emphasizing diversification, ERISA-focused services, and a mix of active and passive strategies.

Wealth management Retirement plans for business owners (SEP, solo 401k) Active portfolio management Private / alternative investments Options & derivatives strategies Founder/Business Owner Retired

William W

Series 63, Series 65

Memphis, TN

Commerce Advisors, LLC

William Woodmansee Jr. is a financial advisor with Commerce Advisors, LLC in Memphis, TN, holding Series 63 and Series 65 licenses and bringing 36 years of industry experience. He has been with Commerce Advisors since 2009 and is also associated with Purshe Kaplan Sterling Investments. Woodmansee owns Commerce Holdings, LLC, a holding company unrelated to investment activities. Commerce Advisors serves individual investors, high-net-worth clients, family offices, and select institutional clients, offering comprehensive wealth management including financial planning, portfolio management, and retirement plan advisory. The firm emphasizes tailored investment plans, diversification, and a formal ERISA focus, managing approximately $236.6 million for about 128 clients as of year-end 2024.

Wealth management Retirement plans for business owners (SEP, solo 401k) Active portfolio management Private / alternative investments Options & derivatives strategies Founder/Business Owner Retired

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