{"url":"https://nivawealth.com/firms/commerce-street-investment-advisor-144278","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/144278","regulatoryAum":891286277,"crd":"144278","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4322618","suffix":null,"lastName":"ALEXANDER","firstName":"ANDUREA","middleName":"DAWN"},{"crd":"4606569","suffix":null,"lastName":"BROOKS","firstName":"CARLA","middleName":"JO"},{"crd":"6500230","suffix":null,"lastName":"BROWN","firstName":"ALEXANDER","middleName":"DAVID"},{"crd":"1264572","suffix":null,"lastName":"CHAFEY","firstName":"RICHARD","middleName":"HAROLD"},{"crd":"5104636","suffix":null,"lastName":"GALEYEVA","firstName":"ELVIRA","middleName":"ILDOUSOVNA"},{"crd":"5675925","suffix":null,"lastName":"HASHAWAY","firstName":"BOBBY","middleName":"LEE"},{"crd":"2640734","suffix":null,"lastName":"KIRCHWEY","firstName":"GEORGE","middleName":"ALLEN"},{"crd":"6053269","suffix":null,"lastName":"MARTINEZ","firstName":"AMY","middleName":"JENKINS"},{"crd":"7827158","suffix":null,"lastName":"MATTSON","firstName":"BENTON","middleName":"Graham"},{"crd":"859160","suffix":null,"lastName":"Meythaler","firstName":"Luther","middleName":"Charles"},{"crd":"8004393","suffix":null,"lastName":"MULLIGAN","firstName":"BRIAN","middleName":"REILLEY"},{"crd":"4415624","suffix":null,"lastName":"Stevens","firstName":"Theresa","middleName":"Rene"},{"crd":"2034240","suffix":null,"lastName":"WILEY","firstName":"DORY","middleName":"ALAN"}],"total":13,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-30","regulatoryAum":515887089,"clients":58,"employees":15,"offices":1},{"filedOn":"2022-06-13","regulatoryAum":608553183,"clients":65,"employees":15,"offices":1},{"filedOn":"2023-03-29","regulatoryAum":535442153,"clients":65,"employees":13,"offices":1},{"filedOn":"2024-06-12","regulatoryAum":745146120,"clients":66,"employees":16,"offices":1},{"filedOn":"2025-03-26","regulatoryAum":876451597,"clients":76,"employees":16,"offices":1},{"filedOn":"2026-09-24","regulatoryAum":891286277,"clients":64,"employees":14,"offices":2}],"secFileNumber":"801-68792","legalName":"Commerce Street Investment Advisor, LLC","displayName":"Commerce Street Investment Advisor","slug":"commerce-street-investment-advisor-144278","website":"https://commercestreetholdings.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/commerce-street-capital-llc/","founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1445 Ross Avenue, Suite 2700","city":"Dallas","state":"TX","stateName":"Texas","country":"United States","postalCode":"75202"},"tradeNames":["Commerce Street Investment Management","Commerce Street Peak Advisors"],"registration":{"secApproved":"22 January 2008","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":620125.4,"staff":{"employees":14,"advisory":10,"brokerDealerReps":11,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":891286277,"discretionary":300591957,"discretionaryAccounts":17,"nonDiscretionary":590694320,"nonDiscretionaryAccounts":47,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"High-net-worth individuals","clients":5,"regulatoryAum":3100627},{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":85956313},{"label":"Pension and profit-sharing plans","clients":47,"regulatoryAum":590694320},{"label":"Charitable organizations","clients":6,"regulatoryAum":186185830},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":22840669},{"label":"Other","clients":2,"regulatoryAum":2508518}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Fidelity Management Trust Company","shortName":"Fidelity","location":"Boston, MA","smaAssets":241585331},{"name":"Delaware Charter Guarantee and Trust Company","shortName":"Delaware Charter Guarantee and Trust","location":"Wilmington, DE","smaAssets":0},{"name":"Great-West Trust Company LLC","shortName":"Great-West Trust","location":"Greenwood Village, CO","smaAssets":210995950}],"custodyNote":"Commerce Street Investment Advisor has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Bobby Hashaway","title":"Executive Vice President, Chief Operating Officer, Head of Accounting, CCO","crd":"5675925"},{"name":"Dory Wiley","title":"President and Managing Partner","crd":"2034240"},{"name":"Bertrand Maimo","title":"Chief Financial Officer","crd":"6784057"},{"name":"William Gross","title":"Chairman","crd":"1032405"}],"ownership":[{"label":"Commerce Street Holdings, LLC","detail":"Member in the 75% or more ownership band and a control person, since May 2008."},{"label":"Dory Wiley","detail":"Indirect owner: a member of Commerce Street Holdings, LLC in the 50% to 75% band and a control person, since September 2006.","parent":"Commerce Street Holdings, LLC"},{"label":"William Gross","detail":"Indirect owner: a member of Commerce Street Holdings, LLC in the 50% to 75% band and a control person, since September 2006.","parent":"Commerce Street Holdings, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"North Carolina","offices":1,"addresses":[{"street":"8612 Society Place","city":"Raleigh"}]},{"state":"Texas","offices":1,"addresses":[{"street":"1445 Ross Avenue, Suite 2700","city":"Dallas","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"214-545-6800","stateRegisteredReps":11,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":20},{"label":"Securities issued by registered investment companies or business development companies","percent":55},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":20,"detail":"Other"}],"privateFunds":2},"sources":{"adv1FilingDate":"24 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/144278/PDF/144278.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Commerce Street Investment Advisor have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Commerce Street Investment Advisor offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Commerce Street Investment Advisor use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Commerce Street Investment Advisor have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Commerce Street Investment Advisor invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Commerce Street Investment Advisor?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Commerce Street Investment Advisor get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Commerce Street Investment Advisor?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 24 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}