{
  "crd_number": 130401,
  "slug": "cypress-capital-management-llc-sheridan-wy-130401",
  "primary_business_name": "CYPRESS CAPITAL MANAGEMENT, LLC",
  "legal_name": "CYPRESS CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Sheridan",
  "state": "WY",
  "country": "United States",
  "cbsa_code": "43260",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2004-02-20",
  "years_registered": 22,
  "period": "2026-10-01",
  "filing_date": "2026-03-04",
  "carried_forward": false,
  "raum_total": 121672219.0,
  "raum_discretionary": 121672219.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 9523595.0,
      "count": 6
    },
    "individuals": {
      "raum": 40872985.0,
      "count": 146
    },
    "high_net_worth_individuals": {
      "raum": 68332353.0,
      "count": 39
    },
    "corporations_other_businesses": {
      "raum": 2943286.0,
      "count": 5
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CO",
    "MT",
    "NE",
    "TX",
    "WY"
  ],
  "websites": [
    "https://cypresscapitalmanagement.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/130401",
  "city_as_filed": "SHERIDAN",
  "url": "https://advisorcensus.com/firm/cypress-capital-management-llc-sheridan-wy-130401",
  "display_name": "Cypress Capital Management, LLC",
  "summary": "Cypress Capital Management, LLC is an SEC-registered investment advisory firm in Sheridan, WY, registered since 2004, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 4, 2026.",
  "citation": "AdvisorCensus. Cypress Capital Management, LLC (CRD 130401): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Cypress Capital Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cypress Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Cypress Capital Management, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 4, 2026 states: Asset-based fee: 0.4% to 1% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Cypress Capital Management, LLC located?",
      "a": "Cypress Capital Management, LLC's principal office is in Sheridan, WY, according to its Form ADV."
    },
    {
      "q": "Is Cypress Capital Management, LLC registered with the SEC or a state?",
      "a": "Cypress Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 130401."
    },
    {
      "q": "How much does Cypress Capital Management, LLC manage?",
      "a": "Cypress Capital Management, LLC reports $121,672,219 in regulatory assets under management in its Form ADV filing dated March 4, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cypress Capital Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cypress Capital Management, LLC: Regulatory assets under management: $138,748,605 in the October 2021 data and $121,672,219 in the October 2026 data, down 12%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cypress Capital Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (146); high net worth individuals (39); charitable organizations (6)."
    },
    {
      "q": "Which custodians does Cypress Capital Management, LLC use?",
      "a": "Cypress Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Morgan Stanley & Co. LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cypress Capital Management, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/130401"
    },
    {
      "q": "Does Cypress Capital Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 4, 2026 says: \"We provide investment advice to individuals, high-net-worth individuals, families, small businesses, institutions, charitable trusts, estates, retirement accounts and corporations . We have no minimum initial account value.\""
    },
    {
      "q": "What changed in Cypress Capital Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $102,390,864 to $121,672,219 (+19%). Registered or notice-filed in NE."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 138748605.0,
      "total_employees": 4,
      "filing_date": "2021-02-22"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 140425947.0,
      "total_employees": 4,
      "filing_date": "2022-02-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 103484106.0,
      "total_employees": 4,
      "filing_date": "2023-02-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 107796780.0,
      "total_employees": 4,
      "filing_date": "2024-08-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 102390864.0,
      "total_employees": 4,
      "filing_date": "2025-04-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 121672219.0,
      "total_employees": 4,
      "filing_date": "2026-03-04"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $102,390,864 to $121,672,219 (+19%).",
        "Registered or notice-filed in NE."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in ID, LA, MD, NE."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 4, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.4% to 1% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$100",
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.4% to 1% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Our fee schedule ranges from 0.4% - 1.0% of assets managed . Fees are negotiated with each Client. Specific fees are disclosed in the Client investment management agreement."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We provide investment advice to individuals, high-net-worth individuals, families, small businesses, institutions, charitable trusts, estates, retirement accounts and corporations . We have no minimum initial account value."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $100"
        ],
        "quotes": [
          "Cypress maintains a minimum annual fee of $100 for all discretionary accounts. Cypress clients are billed quarterly in arrears based on account holdings at the end of the quarter."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.4,
        1.0
      ],
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": 100.0,
      "planning": []
    },
    "quotes": [
      "Our fee schedule ranges from 0.4% - 1.0% of assets managed . Fees are negotiated with each Client. Specific fees are disclosed in the Client investment management agreement.",
      "We provide investment advice to individuals, high-net-worth individuals, families, small businesses, institutions, charitable trusts, estates, retirement accounts and corporations . We have no minimum initial account value.",
      "Cypress maintains a minimum annual fee of $100 for all discretionary accounts. Cypress clients are billed quarterly in arrears based on account holdings at the end of the quarter."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Morgan Stanley & Co. LLC",
      "name_as_filed": "MORGAN STANLEY & CO. LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/cypress-capital-management-llc-sheridan-wy-130401.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 146,
      "fewer_than_5": false,
      "raum": 40872985.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 39,
      "fewer_than_5": false,
      "raum": 68332353.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 6,
      "fewer_than_5": false,
      "raum": 9523595.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 5,
      "fewer_than_5": false,
      "raum": 2943286.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/130401",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}