COMMERCE BROKERAGE SERVICES, INC
COMMERCE BROKERAGE SERVICES, INC. Legal Name
Adviser information for COMMERCE BROKERAGE SERVICES, INC last updated from Form ADV on November 6th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Missouri, United States |
Employees
| Total Number of Employees | 37 |
|---|---|
| Investment Advisory/Research | 28 |
| Registered Broker-Dealer Representatives | 28 |
| Registered State Investment Advisers | 37 |
| Licensed Agents of an Insurance Company | 28 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 0 | $0 |
| Non-Discretionary | 3,570 | $650.4M |
| Total | 3,570 | $650.4M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 3,467 | $552.4M |
| HNW Individuals | 76 | $92.6M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 9 | $2.7M |
| State or municipal gov entities | <5 | $88,950 |
| Other investment advisers | 0 | $0 |
| Insurance companies | <5 | $322,064 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 15 | $2.2M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUM |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 650.4M |
| Portfolio Manager | 0 |
| Both for Same | 0 |
Identifiers
| SEC RIA File Number | 801-66509 |
|---|---|
| SEC ERA File Number | 801-66509 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 17140 |
| Legal Entity Identifier | 00281150 |
Principal Office
8000 FORSYTHSUITE 1200 EAST
CLAYTON
MO
United States
Monday - Friday, 8 AM TO 5 PM
Tel: 800-772-7283, Fax: 314-746-3877
Websites
Chief Compliance Officer
JOSEPH REECE
1000 WALNUT STREET
3RD FLOOR
KANSAS CITY
MO
United States
Tel:
816-234-8635
J********@***************M
(Full email address available in API data)
Regulatory Contact
KIM ENGLEHART
SURVEILLANCE PRINCIPAL
1000 WALNUT STREET
3RD FLOOR
KANSAS CITY
MO
United States
Tel:
816-234-7224
K************@***************M
(Full email address available in API data)
Industry Affiliates
| COMMERCE BANK | Banking or thrift institution |
| COMMERCE BANK - CAPITAL MARKETS GROUP | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| COMMERCE INSURANCE SERVICES, INC. | Insurance company or agency |
| COMMERCE INVESTMENT ADVISORS, INC. | Other investment adviser, including financial planners |
| COMMERCE TRUST COMPANY | Trust company |
| L.J. HART AND COMPANY | Broker-dealer, municipal securities dealer, or gov securities broker or dealerRegistered municipal advisor |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| COMMERCE BANK | Domestic Entity | – | SOLE STOCKHOLDER | 06/1992 | > 75% |
| COMMERCE BANCSHARES, INC. | Domestic Entity | COMMERCE BANK | SOLE OWNER | 05/1984 | > 75% |
| SIMPSON, TIFFANY LYNN | Individual | – | PRINCIPAL FINANCIAL OFFICER | 01/2017 | < 5% |
| KOENIG, SHERREL BETZ | Individual | – | DIRECTOR | 09/2023 | < 5% |
| REECE, JOSEPH STEVEN | Individual | – | CHIEF COMPLIANCE OFFICER | 04/2022 | < 5% |
| ROWE, MARGARET | Individual | – | CORPORATE SECRETARY | 06/2022 | < 5% |
| SWANSON, ERIK ANDREW | Individual | – | PRESIDENT & CEO | 11/2022 | < 5% |