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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

COMMERCE ADVISORS, LLC

CRD 151439

MEMPHIS, TN

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:5a392e7b-e9a7-5a47-4aaa-2df183ab27a7

Data as of Feb 25, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 4:42 AM UTC and rebuilt at most every 15 minutes.

Relationships: 14
Dated events: 3
On other graphs: 0
Observed: Apr 2, 2012 to Feb 25, 2026
27 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.73 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=1.0
Regulatory AUM: $338MItem 5.F on the latest filing (2026-02-25); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $323M
Private client RAUM: $247MderivedItem 5.D individuals plus high net worth individuals
Private client share: 73%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 5
RAUM per advisor: $67.6Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 6
Advisory employees: 4
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 438
Individual clients: 74
High net worth clients: 59
Custody, client assets: $191M
SEC number: 801-70577
CRD: 151439
Filings on the tape: 27
First filed: Apr 2, 2012
Latest filed: Feb 25, 2026
Organised: Limited Liability Company, DE
Website: commerceholdingsllc.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
WILLIAM DAVID WOODMANSEE	n/a	MEMPHIS, TN	16	38	1	yes
KURT AUSTIN VOLDENG	n/a	MEMPHIS, TN	9	35	2	no
RONALD DOW PARTAIN	n/a	MEMPHIS, TN	2	32	2	no
Justin Peterkin	n/a	MEMPHIS, TN	0	11	6	no
MICHAEL EDWARD PERDZOCK	n/a	MEMPHIS, TN	0	35	4	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BF LEASING LLC	Member	C	yes	07/2012	Aug 13, 2012	Mar 8, 2024
BYRCE, THOMAS, J	MANAGING MEMBER OF BF LEASING	D	yes	07/2012	Aug 13, 2012	Mar 8, 2024
COMMERCE HOLDINGS LLC	Member	E	yes	08/2009	Apr 2, 2012	Mar 8, 2024
ROBINSON, JOSEPH, VINCENT	CEO/CCO	Na	yes	07/2012	Apr 2, 2012	Mar 8, 2024
VOLDENG, KURT, AUSTIN	Cio	Na	yes	07/2012	Aug 13, 2012	Mar 8, 2024
WOODMANSEE, WILLIAM, DAVID	President	Na	no	11/2010	Apr 2, 2012	Mar 8, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Feb 25, 2026	$338M	$323M	6	4	0	n/a	n/a
2024	Mar 5, 2025	$237M	$223M	6	4	0	n/a	n/a
2023	Mar 8, 2024	$227M	$215M	4	2	0	n/a	n/a
2022	Feb 17, 2023	$195M	$184M	5	2	0	n/a	n/a
2021	Feb 15, 2022	$209M	$208M	5	2	0	n/a	n/a
2020	Feb 12, 2021	$163M	$162M	4	2	0	n/a	n/a
2019	Feb 10, 2020	$161M	$160M	4	2	0	n/a	n/a
2018	Feb 15, 2019	$146M	$143M	4	2	0	n/a	n/a
2017	Mar 22, 2018	$148M	$142M	4	3	0	n/a	n/a
2016	Mar 29, 2017	$277M	$96.4M	4	3	n/a	n/a	n/a
2015	Mar 25, 2016	$268M	$121M	4	3	n/a	n/a	n/a
2014	Mar 31, 2015	$286M	$129M	4	4	n/a	n/a	n/a
2013	Mar 19, 2014	$373M	$132M	4	4	n/a	n/a	n/a
2012	Apr 1, 2013	$241M	$156M	4	4	n/a	n/a	n/a
2011	Apr 2, 2012	$295M	$114M	n/a	n/a	n/a	1	$29.1M

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
2	0	2	0.0%	1	0	0	3	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$338M	$237M	42.8%	$195M	20.1%	6	6	0	0

Relationships

Registered with (6)

← MICHAEL EDWARD PERDZOCKAdvisorregistration: previous registration
Oct 13, 2009 to Jul 12, 2012factForm ADV
← Justin PeterkinAdvisorregistration: current employment
May 5, 2026 to presentfactForm ADV
← RONALD DOW PARTAINAdvisorregistration: current employment
Apr 25, 2024 to presentfactForm ADV
← KURT AUSTIN VOLDENGAdvisorregistration: current employment
Mar 17, 2017 to presentfactForm ADV
← WILLIAM DAVID WOODMANSEEAdvisorregistration: current employment
Oct 2, 2009 to presentfactForm ADV
← JOHN CARTER GIOVANNETTIAdvisorregistration: previous registration
Apr 25, 2012 to Apr 1, 2013factForm ADV

Affiliated with (1)

← COMMERCE ASSET MANAGEMENT, LLCRegistered adviserother investment adviser, control, common control
factForm ADV

Owns (1)

← WOODMANSEE, WILLIAM, DAVIDOwnerPRESIDENT, ownership code NA, individual
Apr 2, 2012 to Mar 8, 2024factForm ADV

Controls (5)

← ROBINSON, JOSEPH, VINCENTOwnerCEO/CCO, ownership code NA, individual
Apr 2, 2012 to Mar 8, 2024factForm ADV
← VOLDENG, KURT, AUSTINOwnerCIO, ownership code NA, individual
Aug 13, 2012 to Mar 8, 2024factForm ADV
← BYRCE, THOMAS, JOwnerMANAGING MEMBER OF BF LEASING, ownership code D, individual
Aug 13, 2012 to Mar 8, 2024factForm ADV
← BF LEASING LLCOwnerMEMBER, ownership code C, domestic entity
Aug 13, 2012 to Mar 8, 2024factForm ADV
← COMMERCE HOLDINGS LLCOwnerMEMBER, ownership code E, domestic entity
Apr 2, 2012 to Mar 8, 2024factForm ADV

Dated events

Occurred
Feb 25, 2026
Regulatory AUM changed
Commerce Advisors, Llc reported RAUM $337.9M, up 43% from $236.6M (2025-10-07 to 2026-02-25)
Form ADVobserved 4 days ago
$101M
Occurred
Mar 8, 2024
Control person joined
Austin Kurt Voldeng (Cio) appeared on Schedule A of Commerce Advisors, Llc
Form ADVobserved 4 days ago
Occurred
Mar 22, 2018
Regulatory AUM changed
Commerce Advisors, Llc reported RAUM $147.8M, down 47% from $276.6M (2017-03-29 to 2018-03-22)
Form ADVobserved 4 days ago
$-129M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:5a392e7b-e9a7-5a47-4aaa-2df183ab27a7
First observed: Apr 2, 2012
Last observed: Feb 25, 2026 6 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

COMMERCE ADVISORS, LLC

CRD 151439

MEMPHIS, TN

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:5a392e7b-e9a7-5a47-4aaa-2df183ab27a7

Data as of Feb 25, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 4:42 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

WILLIAM DAVID WOODMANSEE

n/a

MEMPHIS, TN

yes

KURT AUSTIN VOLDENG

n/a

MEMPHIS, TN

RONALD DOW PARTAIN

n/a

MEMPHIS, TN

Justin Peterkin

n/a

MEMPHIS, TN

MICHAEL EDWARD PERDZOCK

n/a

MEMPHIS, TN

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BF LEASING LLC

Member

yes

07/2012

Aug 13, 2012

Mar 8, 2024

BYRCE, THOMAS, J

MANAGING MEMBER OF BF LEASING

yes

07/2012

Aug 13, 2012

Mar 8, 2024

COMMERCE HOLDINGS LLC

Member

yes

08/2009

Apr 2, 2012

Mar 8, 2024

ROBINSON, JOSEPH, VINCENT

CEO/CCO

yes

07/2012

Apr 2, 2012

Mar 8, 2024

VOLDENG, KURT, AUSTIN

Cio

yes

07/2012

Aug 13, 2012

Mar 8, 2024

WOODMANSEE, WILLIAM, DAVID

President

11/2010

Apr 2, 2012

Mar 8, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Feb 25, 2026

$338M

$323M

n/a

2024

Mar 5, 2025

$237M

$223M

n/a

2023

Mar 8, 2024

$227M

$215M

n/a

2022

Feb 17, 2023

$195M

$184M

n/a

2021

Feb 15, 2022

$209M

$208M

n/a

2020

Feb 12, 2021

$163M

$162M

n/a

2019

Feb 10, 2020

$161M

$160M

n/a

2018

Feb 15, 2019

$146M

$143M

n/a

2017

Mar 22, 2018

$148M

$142M

n/a

2016

Mar 29, 2017

$277M

$96.4M

n/a

2015

Mar 25, 2016

$268M

$121M

n/a

2014

Mar 31, 2015

$286M

$129M

n/a

2013

Mar 19, 2014

$373M

$132M

n/a

2012

Apr 1, 2013

$241M

$156M

n/a

2011

Apr 2, 2012

$295M

$114M

n/a

$29.1M

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$338M

$237M

42.8%

$195M

20.1%