Cypress Wealth Advisors LLC is a large advisory firm based in San Francisco. It manages $576.43 million of regulatory assets for 267 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Nevada, and New York.
Cypress Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cypress Wealth Advisors LLC is $576.43 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cypress Wealth Advisors LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Cypress Wealth Advisors is high net worth individuals with 170 clients and $566.6 million of assets under management. Among the 7 most similar advisory firms, Cypress Wealth Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $566.6 million for 170 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Cypress Wealth Advisors also advises several private funds. Namely, ten hedge funds, seven real estate funds, two other private funds, three private equity funds, and one venture capital fund. The minimum investment commitment required of non-related persons is $10,000 for each fund.
The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Cypress Wealth Advisors LLC performs its advisory services is located at 101 California Street, San Francisco, CA 94111, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (415)489-2100 or by fax (415)489-2109. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at cypresswealth.com.