COMMERCE ADVISORS, LLC – investment adviser, $338M regulatory AUM (Form ADV)

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	59	$226,417,650	67.0%
Corporations & businesses	Fewer than 5	$69,951,978	20.7%
Individuals	74	$20,417,729	6.0%
Charities	5	$11,622,159	3.4%
Retirement plans	Fewer than 5	$9,441,599	2.8%

Filing source

Form ADV 2058596 · Feb 25, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

1 Private fund

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

HERITAGE HEDGED EQUITY FUND, LPHedge Fund · Last reported Apr 2, 2012$29.1MGross asset value

Fund administrator SWISS FINANCIAL SERVICES INC. NAPERVILLE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG MEMPHIS, Tennessee, United States

Custodian CONVERGEX PRIME SERVICES LLC ALPHARETTA, Georgia, United States Related to adviser: No

Custodian INTERACTIVE BROKERS CORP. GREENWICH, Connecticut, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Marketer TRESTLE POINT, LLC LAWRENCEVILLE, Georgia, United States Related to adviser: No

Prime broker CONVERGEX PRIME SERVICES LLC ALPHARETTA, Georgia, United States

Prime broker INTERACTIVE BROKERS CORP. GREENWICH, Connecticut, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

CONVERGEX PRIME SERVICES LLC
SEC 8-67289

INTERACTIVE BROKERS CORP.
SEC 8-53615

TRESTLE POINT, LLC
CRD 138494 · SEC 8-67165

CONVERGEX PRIME SERVICES LLC
CRD 140185 · SEC 8-67289

INTERACTIVE BROKERS CORP.
CRD 117942 · SEC 8-53615

Fund details & source

Fund ID: 805-8393147335
Reported beneficial owners: 43
Minimum commitment: $500K
Form D file number: 021-75547

Form ADV 632204 · Apr 2, 2012 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Feb 25, 2026. View historical filings

Reported services

Financial planning · Individual portfolio management · Business portfolio management · Pension consulting · Selection of other advisers

Compensation

Percentage of assets · Fixed

Principal office

5050 POPLAR AVENUE, SUITE 2020
MEMPHIS, TN, 38157, United States

CRD 151439

Filing source

Form ADV 2058596 · Feb 25, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.