{"url":"https://nivawealth.com/firms/cypress-wealth-management-324524","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/324524","regulatoryAum":282700000,"crd":"324524","history":[{"filedOn":"2024-07-30","regulatoryAum":226200000,"clients":8,"employees":5,"offices":1},{"filedOn":"2025-05-28","regulatoryAum":235800000,"clients":12,"employees":5,"offices":1},{"filedOn":"2026-03-20","regulatoryAum":282700000,"clients":12,"employees":6,"offices":1}],"secFileNumber":"801-128859","legalName":"Cypress Wealth Management, LLC","displayName":"Cypress Wealth Management","slug":"cypress-wealth-management-324524","website":"https://cypressholdings.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"18w140 Butterfield Road, Suite 1110","city":"Oakbrook Terrace","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60181"},"tradeNames":[],"registration":{"secApproved":"29 November 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":5333333.333333333,"staff":{"employees":6,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":282700000,"discretionary":282700000,"discretionaryAccounts":50,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":6,"regulatoryAum":32000000},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":156000000},{"label":"Charitable organizations","clients":5,"regulatoryAum":94700000}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":29600000},{"name":"Tristate Capital Bank","shortName":"Tristate Capital Bank","location":"Pittsburgh, PA","smaAssets":14400000}],"custodyNote":"Cypress Wealth Management has custody of $283M in client assets for 50 clients.","otherCustodians":[],"leadership":[{"name":"Kimberly Carlini","title":"Chief Compliance Officer","crd":"7575670"}],"ownership":[{"label":"Wislim Investments LLC","detail":"Co-owner in the 50% to 75% ownership band and a control person, since December 2022."},{"label":"Mawo Capital I LLC","detail":"Co-owner in the 25% to 50% ownership band and a control person, since December 2022."},{"label":"Christopher Hughes","detail":"Indirect owner: a managing principal of Wislim Investments LLC in the 75% or more band and a control person, since January 2004.","parent":"Wislim Investments LLC"},{"label":"John Staab","detail":"Indirect owner: a principal of Mawo Capital I LLC in the 75% or more band and a control person, since February 2011.","parent":"Mawo Capital I LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"18w140 Butterfield Road, Suite 1110","city":"Oakbrook Terrace","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"331-307-7444","stateRegisteredReps":0,"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 pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":20},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":64},{"label":"Cash and cash equivalents","percent":14},{"label":"Other","percent":1,"detail":"Annuities"}],"privateFunds":1},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/324524/PDF/324524.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Cypress Wealth Management have?","answer":"Cypress Wealth Management has 12 clients and manages $283 million for them, as of March 2026. They include 6 high-net-worth individuals, 5 charitable organizations and 1 pooled investment vehicle.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Cypress Wealth Management offer?","answer":"Cypress Wealth Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Cypress Wealth Management use?","answer":"Cypress Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $29.6M and Tristate Capital Bank (Pittsburgh, PA), with $14.4M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Cypress Wealth Management have?","answer":"Cypress Wealth Management has 0 investment adviser representatives registered with state securities authorities, out of 6 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 Wealth Management invest in?","answer":"At the end of its last fiscal year, Cypress Wealth Management’s separately managed accounts held 64% pooled vehicles (private funds and similar), 20% U.S. government and agency bonds, 14% cash and equivalents, 1% exchange-traded equities and 1% other. The 1% other category is described as: Annuities. It advises 1 private fund.","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 Wealth Management?","answer":"Cypress Wealth Management is owned through holding companies by Christopher Hughes and John Staab. Its direct owners are Wislim Investments LLC (50% to 75%) and Mawo Capital I LLC (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Cypress Wealth Management get paid?","answer":"Cypress Wealth 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 Wealth Management?","answer":"Cypress Wealth Management’s main office is at 18w140 Butterfield Road, Suite 1110, Oakbrook Terrace, IL 60181. Its phone number is 331-307-7444. Its website is cypressholdings.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 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."}