{"url":"https://nivawealth.com/firms/cypress-capital-management-130401","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/130401","regulatoryAum":121672219,"crd":"130401","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5196355","suffix":null,"lastName":"EBZERY","firstName":"MATTHEW","middleName":"MCGREGOR"},{"crd":"6138571","suffix":null,"lastName":"HERBST","firstName":"KRISTIN","middleName":"LOUISE"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-02-22","regulatoryAum":138748605,"clients":187,"employees":4,"offices":1},{"filedOn":"2022-02-11","regulatoryAum":140425947,"clients":197,"employees":4,"offices":1},{"filedOn":"2023-02-14","regulatoryAum":103484106,"clients":188,"employees":4,"offices":1},{"filedOn":"2024-02-02","regulatoryAum":107796780,"clients":191,"employees":4,"offices":1},{"filedOn":"2025-04-07","regulatoryAum":102390864,"clients":193,"employees":4,"offices":1},{"filedOn":"2026-03-04","regulatoryAum":121672219,"clients":196,"employees":4,"offices":1}],"secFileNumber":"801-62811","legalName":"Cypress Capital Management, LLC","displayName":"Cypress Capital Management","slug":"cypress-capital-management-130401","website":"https://cypresscapitalmanagement.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/130401/079fa2acdcae4080-r1.webp","tone":"light","width":1191,"height":200,"sourceUrl":"https://www.cypresscapitalmanagement.com","sourceLabel":"Cypress Capital Management, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Wyoming limited liability company","fiscalYearEnd":"December","headquarters":{"street":"312 Whitney Lane Suite 1a","city":"Sheridan","state":"WY","stateName":"Wyoming","country":"United States","postalCode":"82801"},"tradeNames":[],"registration":{"secApproved":"20 February 2004","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":590299.1243243243,"staff":{"employees":4,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":121672219,"discretionary":121672219,"discretionaryAccounts":373,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":146,"regulatoryAum":40872985},{"label":"High-net-worth individuals","clients":39,"regulatoryAum":68332353},{"label":"Charitable organizations","clients":6,"regulatoryAum":9523595},{"label":"Corporations and other businesses","clients":5,"regulatoryAum":2943286}],"feePrograms":[{"role":"main","program":"Investment management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014534","versionId":1014534,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-04","documentName":"2A BROCHURE","fee_rate_low":0.4,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":100}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:04:01.983768+00:00","documents":[{"name":"2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014534","versionId":1014534,"submittedOn":"2026-03-04"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":121672219},{"name":"Morgan Stanley & Co. LLC","shortName":"Morgan Stanley","location":"New York, NY","smaAssets":612147}],"custodyNote":"Cypress Capital Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Denise Ebzery","title":"Chief Compliance Officer","crd":"7864161"},{"name":"Matthew Ebzery","title":"Managing Member","crd":"5196355"},{"name":"Kristin Herbst","title":"Advisor","crd":"6138571"}],"ownership":[{"label":"Matthew Ebzery","detail":"Managing member in the 75% or more ownership band and a control person, since January 2010."},{"label":"Kristin Herbst","detail":"Advisor in the 5% to 10% ownership band, since February 2012."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Wyoming","offices":1,"addresses":[{"street":"312 Whitney Lane Suite 1a","city":"Sheridan","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"307-674-1770","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":84},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":6},{"label":"Cash and cash equivalents","percent":10}],"privateFunds":0},"sources":{"adv1FilingDate":"4 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/130401/PDF/130401.pdf","brochureDate":"4 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014534","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Cypress Capital Management have?","answer":"Cypress Capital Management has 196 clients and manages $122 million for them, as of March 2026. They include 146 individual clients, 39 high-net-worth individuals and 6 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Cypress Capital Management offer?","answer":"Cypress Capital Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Cypress Capital Management charge?","answer":"Cypress Capital Management charges 0.40%–1.00% a year for its Investment management. The fee is billed in arrears, is negotiable and has a $100 annual minimum.","source":"2A BROCHURE, filed 4 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Cypress Capital Management use?","answer":"Cypress Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $122M and Morgan Stanley & Co. LLC (New York, NY), with $612K. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Cypress Capital Management have?","answer":"Cypress Capital Management has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Cypress Capital Management invest in?","answer":"At the end of its last fiscal year, Cypress Capital Management’s separately managed accounts held 84% exchange-traded equities, 10% cash and equivalents, 6% registered funds (mutual funds, ETFs, BDCs) and 1% U.S. government and agency bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Cypress Capital Management?","answer":"Cypress Capital Management’s direct owners are Matthew Ebzery (75% or more) and Kristin Herbst (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Cypress Capital Management get paid?","answer":"Cypress Capital Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Cypress Capital Management?","answer":"Cypress Capital Management’s main office is at 312 Whitney Lane Suite 1a, Sheridan, WY 82801. Its phone number is 307-674-1770. Its website is cypresscapitalmanagement.com.","source":"Form ADV Part 1A, Item 1.F, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}