Commerce Advisors, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$246,835,379
Clients
133
Advisors
5
of 6 employees
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
Expertise
Occupation focus
Fee options
Fixed fees based on scope and complexity for stand-alone financial planning; fixed fees also negotiated for retirement plan advisory services.
0.30% to 1.00% annually, negotiated per client based on portfolio size and service needs
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.
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
5050 Poplar Avenue, Suite 2020
Memphis TN 38157
Advisors at this office
5
Most active in
Florida · Mississippi · Tennessee · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Michael P
Series 63, Series 65
Memphis, TN
Commerce Advisors, LLC
Michael Perdzock is a financial advisor at Commerce Advisors, LLC in Memphis, TN, with 24 years of industry experience. He previously worked at CBIZ Investment Advisory Services and Gavion, LLC, and was retired for two years before joining Commerce Advisors. He holds Series 63 and Series 65 licenses. Commerce Advisors serves high net worth individuals, family offices, and select institutional clients by providing comprehensive wealth management services, including financial planning, portfolio management, and retirement plan advisory. The firm develops client-specific investment plans and manages portfolios using a range of strategies, including alternative investments and fiduciary consulting.
Justin P
Series 63, Series 65
Memphis, TN
Commerce Advisors, LLC
Justin Peterkin is a financial advisor at Commerce Advisors, LLC in Memphis, TN, with four years of industry experience. He holds the Series 63 and Series 65 licenses and has previously worked at firms including LPL Enterprise LLC, Cetera, Bank of America, Merrill, and Northwestern Mutual. Commerce Advisors serves high net worth individuals, family offices, and select institutional clients, providing comprehensive wealth management services such as financial planning, portfolio management, and retirement plan advisory. The firm emphasizes client-specific investment plans implemented through various strategies including mutual funds, ETFs, separate account managers, model portfolios, and alternative investments.
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.
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.
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.
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