CBSI Institutional
Division
Commerce Bank expanded its Institutional Fixed Income business with the development of the Institutional Division of our Broker Dealer, Commerce Brokerage Services, Inc. (CBSI). This new Institutional Division will complement Commerce Bank’s existing Capital Markets Group (CMG). The business activities of this new Institutional Division of CBSI will primarily be operated by the incumbent supervisory principals and staff of CMG. The Institutional Division will allow us to offer clients access to DTCC’s Central Trade Management Platform (CTM) for trade allocation and matching through our clearing relationship with National Financial Services LLC (NFS). The NFS clearing relationship will also connect us with the Continuous Net Settlement (CNS) network for an enhanced settlement experience. Building on the outstanding reputation, values and culture of one of America’s premier financial institutions, CBSI takes a conservative, consultative approach to helping meet the fixed income investment needs of financial institutions, money managers, hedge funds, insurance companies and state and local governments.
Collaborating with the right service provider who can offer knowledgeable solutions and prudent investment strategies is critical to making your money work harder toward achieving your goals.
For general inquiries, please email us at: CBSIInstitutionalDivision@CommerceBank.com
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Commerce Brokerage Services, Inc. (CBSI) Business Continuity Statement
Business continuity plan
Since the timing and impact of disasters and disruptions are unpredictable, our firm has an obligation to prepare for unforeseen events as they occur. Our Business Continuity Plan (BCP) is designed to permit our firm to resume operations in a reasonable amount of time at a secure remote location, given the scope and severity of a major event.
Varying disruptions
If a business disruption affects only our firm or a specific building within our firm, we will transfer our operations to a local worksite. In a disruption affecting our business district, city, or region, we will transfer our operations to an alternate worksite outside of the affected area. In either situation, we plan to continue conducting business and notify our clients how to contact us through a voice message reached via our main telephone number.
In order to accommodate our recovery time objective, telephone service will continue, and normal work processes will resume at the alternate worksite. Recovery times may vary depending on the nature and severity of the disruption; however, our recovery time objective for mission critical operations is 0-72 hours. If the significant business disruption is so severe that it prevents us from conducting business, we will update our voice message.
Contacting us
At a minimum, CBSI’s business continuity plan is reviewed and updated on an annual basis. Additionally, our primary internal and external application providers periodically conduct testing of their own back-up capabilities to ensure that, in the event of an emergency or significant business disruption, they will be able to provide us with the critical information and applications we need to continue or promptly resume our business. Our business continuity plan is designed to allow us to continue to provide the quality service you have come to expect from CBSI.
If after a significant business disruption, if you are having difficulty reaching CBSI, you should call our alternative emergency number at (816) 234-1837 or check back to this website.
Disclosures:
Commerce Brokerage Services, Inc. (CBSI), member FINRA opens in a new window, SIPC opens in a new window, is a wholly owned subsidiary of Commerce Bank with its headquarters located at 8000 Forsyth, Saint Louis, Missouri 63105. Registration with the Securities and Exchange Commission became effective December 27, 1985 (CRD#: 17140).
This site is not intended for use by, or to provide any information to, investors in any state where Commerce Brokerage Services, Inc. is not registered or in any jurisdiction outside the United States of America where such use would be prohibited or otherwise regulated. Nothing on this web site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
Pursuant to Municipal Securities Rulemaking Board (MSRB opens in a new window) Rule G-10, (Investor and Municipal Advisory Client Education and Protection), Commerce Brokerage Services, Inc. (CBSI) shall once every calendar year, provide in writing (which may be electronic) to each customer for whom a purchase or sale of a municipal security was affected or who holds a municipal securities position, the following items of information:
- CBSI is registered with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (the “MSRB opens in a new window”);
- the MSRB opens in a new window’s Investor Brochure is posted on the MSRB opens in a new window’s website at www.msrb.org opens in a new window. The Investor Brochure describes the Rules protecting investors, and a description of how a customer may file a complaint with an appropriate regulatory authority.
CBSI is not acting as your ‘municipal advisor’ within the meaning of Section 15B of the Securities Exchange Act and does not act in a fiduciary capacity.
Investments in securities are NOT FDIC Insured; NOT Bank-Guaranteed; MAY Lose Value. CBSI does not provide tax advice; please refer to your tax professional.
Accounts carried with National Financial Services LLC (NFS).
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