Krauss currently is a partner at The Stolar Partnership and heads the law firm's Stolar Family Office business unit. He will join Commerce in December as managing director of The Commerce Family Office in Clayton, which focuses on wealth management services for people with $25 million or more in assets. Krauss also has been named a senior vice president of The Commerce Trust Co, a division of Kansas City-based Commerce Bank.

Three other Stolar Family Office employees, Patti Ellis, Debra Hoff and Kathleen Schuckmann, will also join Commerce Family Office's financial services staff providing accounting and tax planning services. 

Commerce Trust Co is a division of Commerce Bank, which in turn is a subsidiary of Commerce Bancshares and one of the largest financial institutions in the Midwest.