Commerce Street Investment Advisor provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and pension consulting. The firm advises 2 private funds.
Commerce Street Investment Advisor reports 64 clients. They include 47 pension and profit-sharing plans, 6 charitable organizations, and 5 high-net-worth individuals. Of its assets, 33.7% ($301M across 17 accounts) are managed with discretion; $591M across 47 accounts are not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 8% | <1% |
| Pooled investment vehicles | 3% | 10% |
| Pension and profit-sharing plans | 73% | 66% |
| Charitable organizations | 9% | 21% |
| Corporations and other businesses | 3% | 3% |
| Other client typesOther | 3% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 5 | $3.1M | 0.3% | $620K |
| Pooled investment vehicles | 2 | $86M | 9.6% | $43M |
| Pension and profit-sharing plans | 47 | $591M | 66.3% | $12.6M |
| Charitable organizations | 6 | $186M | 20.9% | $31M |
| Corporations and other businesses | 2 | $22.8M | 2.6% | $11.4M |
| Other | 2 | $2.51M | 0.3% | $1.25M |
| Total | 64 | $891M | 100% | $13.9M |
- Clients
- 5
- Regulatory AUM
- $3.1M
- AUM share
- 0.3%
- Avg. per client
- $620K
- Clients
- 2
- Regulatory AUM
- $86M
- AUM share
- 9.6%
- Avg. per client
- $43M
- Clients
- 47
- Regulatory AUM
- $591M
- AUM share
- 66.3%
- Avg. per client
- $12.6M
- Clients
- 6
- Regulatory AUM
- $186M
- AUM share
- 20.9%
- Avg. per client
- $31M
- Clients
- 2
- Regulatory AUM
- $22.8M
- AUM share
- 2.6%
- Avg. per client
- $11.4M
- Clients
- 2
- Regulatory AUM
- $2.51M
- AUM share
- 0.3%
- Avg. per client
- $1.25M
Total
- Clients
- 64
- Regulatory AUM
- $891M
- AUM share
- 100%
- Avg. per client
- $13.9M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 2
Commerce Street Investment Advisor is paid through a percentage of assets under management, fixed fees (other than subscription fees), performance-based fees and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Commerce Street Holdings, LLC owns 75% or more of Commerce Street Investment Advisor and is in turn owned by Dory Wiley (50–75%) and William Gross (50–75%). The leadership team of Commerce Street Investment Advisor includes President Bobby Hashaway and Chief Financial Officer Bertrand Maimo. It has 14 employees, 10 of them in advisory roles.
Leadership
- Bobby HashawayExecutive Vice President, Chief Operating Officer, Head of Accounting, CCO
- Dory WileyPresident and Managing Partner
- Bertrand MaimoChief Financial Officer
- William GrossChairman
Investment adviser representatives
13 representatives listed in the SEC register as of 9 October 2026.
- Andurea Dawn Alexander
- Carla Jo Brooks
- Alexander David Brown
- Richard Harold Chafey
- Elvira Ildousovna Galeyeva
- Bobby Lee Hashaway
- George Allen Kirchwey
- Amy Jenkins Martinez
- Benton Graham Mattson
- Luther Charles Meythaler
- Brian Reilley Mulligan
- Theresa Rene Stevens
- Dory Alan Wiley
Staff
- 14 employees
- 10 in advisory functions
- 11 state-registered reps
- 11 broker-dealer reps
- Owns 75% or more of Commerce Street Investment Advisor, LLC
Commerce Street Holdings, LLC
Control person · since May 2008
- Owns 50% to 75% of Commerce Street Holdings, LLC
Dory Wiley
Control person · since September 2006
- Owns 50% to 75% of Commerce Street Holdings, LLC
William Gross
Control person · since September 2006
Commerce Street Investment Advisor’s regulatory assets grew 1.7× from $516M (March 2021) to $891M (September 2026); clients rose from 58 to 64 and employees fell from 15 to 14.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $891M | 64 | 14 | 2 |
| Mar 2025March 2025 | $876M | 76 | 16 | 1 |
| Jun 2024June 2024 | $745M | 66 | 16 | 1 |
| Mar 2023March 2023 | $535M | 65 | 13 | 1 |
| Jun 2022June 2022 | $609M | 65 | 15 | 1 |
| Mar 2021March 2021 | $516M | 58 | 15 | 1 |
Besides its headquarters, Commerce Street Investment Advisor has 1 office, with 2 listed addresses across 2 states.
North Carolina · 1 listed address
- 8612 Society Place, Raleigh
Texas · 1 listed address
- 1445 Ross Avenue, Suite 2700, DallasHQ
Other business names
Commerce Street Investment Advisor has reported 2 other business names to the SEC.
- Commerce Street Investment Management
- Commerce Street Peak Advisors
Contact and registration details
- Legal name
- Commerce Street Investment Advisor, LLC
- Headquarters
- 1445 Ross Avenue, Suite 2700, Dallas, TX 75202
- Website
- commercestreetholdings.com
- Phone
- 214-545-6800
- @commerce-street-capital-llc
- SEC file
- 801-68792
- Structure
- Texas LLC
- Fiscal year end
- December
Commerce Street Investment Advisor’s named custodians for separately managed accounts are Fidelity ($242M, 53%), Great-West Trust ($211M, 47%) and Delaware Charter Guarantee and Trust ($0, 0%). Commerce Street Investment Advisor has custody of client assets.
- FidelityFidelity Management Trust Company · Boston, MA · $242M53%
- Great-West TrustGreat-West Trust Company LLC · Greenwood Village, CO · $211M47%
At year end, Commerce Street Investment Advisor’s separately managed accounts were mostly in funds (55%) and stocks (20%).
What the accounts hold
- Stocks20%
- Funds55%
- Cash5%
- Other20%
- Other20%
How many clients does Commerce Street Investment Advisor have?
Commerce Street Investment Advisor has 64 clients and manages $891 million for them, as of September 2026. They include 47 pension and profit-sharing plans, 6 charitable organizations, and 5 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 September 2026
What services does Commerce Street Investment Advisor offer?
Commerce Street Investment Advisor provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Commerce Street Investment Advisor use?
Commerce Street Investment Advisor’s separately managed account assets are held at Fidelity Management Trust Company (Boston, MA), with $242M and Great-West Trust Company LLC (Greenwood Village, CO), with $211M. The filing also lists Delaware Charter Guarantee and Trust Company with no separately managed account assets.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 September 2026
How many financial advisors does Commerce Street Investment Advisor have?
Commerce Street Investment Advisor has 11 investment adviser representatives registered with state securities authorities, out of 14 employees, and 10 perform investment advisory functions. 11 employees are registered representatives of a broker-dealer and 0 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Commerce Street Investment Advisor invest in?
At the end of its last fiscal year, Commerce Street Investment Advisor’s separately managed accounts held 55% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 20% other and 5% cash and equivalents. The 20% other category is described as: Other. It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Commerce Street Investment Advisor?
Commerce Street Investment Advisor is owned through a holding company by Dory Wiley and William Gross. Its direct owner is Commerce Street Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 September 2026
How does Commerce Street Investment Advisor get paid?
Commerce Street Investment Advisor is paid through a percentage of assets under management, fixed fees, performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Commerce Street Investment Advisor?
Commerce Street Investment Advisor’s main office is at 1445 Ross Avenue, Suite 2700, Dallas, TX 75202. Its phone number is 214-545-6800. Its website is commercestreetholdings.com.