Dory A. Wiley

Dory A. Wiley, CFA, CPA, CVA, is president and CEO of Commerce Street Holdings, LLC. He also serves as president and CEO of at Commerce Street Capital, a Financial Industry Regulatory Authority-regulated broker and dealer, as well as president and CEO of Commerce Street Investment Management, an SEC-registered investment advisor.

Since co-founding the firm in 2007, Wiley’s focus has been the management and growth of the broker dealer and the private investment funds that specialize in financial institutions and small buyouts. With more than 30 years of experience in commercial and investment banking and investment management, he is frequently quoted in the media and is a regular speaker on topics related to markets, corporate finance, asset allocation and alternative investments.

Wiley serves on the boards and investment committees of Commerce Street Investment Management’s investment funds. Those funds have included SBICs (Independent Bankers Capital Fund), bank hedge and private equity funds (Keefe Managers, Keefe Partners, Keefe Rainbow Partners, Service Equity Partners, Genesis Partners and Commerce Street Financial Partners) and debt funds (Commerce Street Income Partners I and II). He formerly served as a member of the board of trustees of the Teacher Retirement System of Texas, an approximately $100 billion pension fund, where he was chairman of the Investment Committee and Alternative Assets Committee and served on committees for compensation, CIO recruiting, audit and government. During his time there, the fund went from a bottom quartile performer to the number one ranked public pension fund in the country in its asset size group.

A frequent lecturer on bank-related topics at universities, seminars and conferences, Wiley has also testified as an expert witness on bank and securities valuations and authored articles for periodical publication. He has served as an advisory board member to a number of small banks throughout the U.S. and is a member of the AICPA, Texas Society of CPAs, the Dallas Society of Financial Analysts, the National Association of Certified Valuation Analysts, and the CFA Institute. He holds securities licenses 24, 7, 63, 66 and 65 and is currently serving on a FINRA regulatory committee. He is also a member of the National Association of Corporate Directors and has served on a number of charitable and advisory boards including the Liberty Institute, the Cotton Bowl Committee, Red Raider Club, Rawls College of Business Advisory Council, Baylor Health Care Systems Foundation, Southern Methodist University Cox School of Business mentor board, and the Lee Park & Arlington Hall Conservancy.

Wiley received a MBA from the Cox School of Business at Southern Methodist University and a B.B.A. in finance and accounting from Texas Tech University.