# Commerce Advisors, LLC

> Commerce Advisors, LLC is an SEC-registered investment advisory firm in Memphis, TN, registered since 2009, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 25, 2026.

- CRD: 151439
- Filed as: COMMERCE ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Memphis, TN
- Filing period: October 2026
- Form ADV filing dated: February 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/151439
- AdvisorCensus page: https://advisorcensus.com/firm/commerce-advisors-llc-memphis-tn-151439

## Quick answers

**How is Commerce Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Commerce Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Commerce Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated February 25, 2026 states: Asset-based fee: 0.3% to 1% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Commerce Advisors, LLC located?**
Commerce Advisors, LLC's principal office is in Memphis, TN, according to its Form ADV.

**Is Commerce Advisors, LLC registered with the SEC or a state?**
Commerce Advisors, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 151439.

**How much does Commerce Advisors, LLC manage?**
Commerce Advisors, LLC reports $337,851,115 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (96% discretionary).

**How have Commerce Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Commerce Advisors, LLC: Regulatory assets under management: $163,133,551 in the October 2021 data and $337,851,115 in the October 2026 data, up 107%. Total employees: 4 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Commerce Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (74); high net worth individuals (59); charitable organizations (5).

**Which custodians does Commerce Advisors, LLC use?**
Commerce Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Commerce Advisors, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/151439

**What changed in Commerce Advisors, LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $236,562,702 to $337,851,115 (+43%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated February 25, 2026)

- Asset-based fee: 0.3% to 1% a year (a range, as the brochure states it)

> Asset based fees generally range from 0.30% to 1.00% annually, depending upon the particular client's portfolio size and specific service needs.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $337,851,115
- Discretionary: $323,328,379
- Non-discretionary: $14,522,736

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 74 | $20,417,729 |
| High net worth individuals | 59 | $226,417,650 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $9,441,599 |
| Charitable organizations | 5 | $11,622,159 |
| Corporations or other businesses not listed above | 3 | $69,951,978 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2009 (17 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, MS, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alignable.com/memphis-tn/commerce-advisors-llc
- commerceadvisorsllc.com
- commerceholdingsllc.com
- Facebook @BEYONDTHEPORTFOLIO
- LinkedIn @COMMERCE-ADVISORS
- X @BEYONDPORTFOLIO

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $163,133,551 | 4 | February 12, 2021 |
| October 2022 | $208,763,409 | 5 | August 31, 2022 |
| October 2023 | $195,242,296 | 5 | February 17, 2023 |
| October 2024 | $227,475,166 | 4 | March 8, 2024 |
| October 2025 | $236,562,702 | 6 | March 5, 2025 |
| October 2026 | $337,851,115 | 6 | February 25, 2026 |

Regulatory assets under management: $163,133,551 in the October 2021 data and $337,851,115 in the October 2026 data, up 107%.
Total employees: 4 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $236,562,702 to $337,851,115 (+43%).

### December 2025
- Registered or notice-filed in FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Commerce Advisors, LLC (CRD 151439): Form ADV filing data as of October 2026.