{
  "crd_number": 324524,
  "slug": "cypress-wealth-management-oakbrook-terrace-il-324524",
  "primary_business_name": "CYPRESS WEALTH MANAGEMENT",
  "legal_name": "CYPRESS WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "Oakbrook Terrace",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-11-29",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-03-20",
  "carried_forward": false,
  "raum_total": 282700000.0,
  "raum_discretionary": 282700000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 94700000.0,
      "count": 5
    },
    "high_net_worth_individuals": {
      "raum": 32000000.0,
      "count": 6
    },
    "pooled_investment_vehicles": {
      "raum": 156000000.0,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IL",
    "MN"
  ],
  "websites": [
    "https://cypressholdings.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/324524",
  "city_as_filed": "OAKBROOK TERRACE",
  "url": "https://advisorcensus.com/firm/cypress-wealth-management-oakbrook-terrace-il-324524",
  "display_name": "Cypress Wealth Management",
  "summary": "Cypress Wealth Management is an SEC-registered investment advisory firm in Oakbrook Terrace, IL, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 20, 2026.",
  "citation": "AdvisorCensus. Cypress Wealth Management (CRD 324524): 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 pooled investment vehicles (other than investment companies)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Cypress Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cypress Wealth Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Cypress Wealth Management charge?",
      "a": "Its Form ADV Part 2A brochure dated March 20, 2026 states: Asset-based fee: up to 0.7% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Cypress Wealth Management located?",
      "a": "Cypress Wealth Management's principal office is in Oakbrook Terrace, IL, according to its Form ADV."
    },
    {
      "q": "Is Cypress Wealth Management registered with the SEC or a state?",
      "a": "Cypress Wealth Management is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324524."
    },
    {
      "q": "How much does Cypress Wealth Management manage?",
      "a": "Cypress Wealth Management reports $282,700,000 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cypress Wealth Management's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Cypress Wealth Management: Regulatory assets under management: $226,200,000 in the October 2024 data and $282,700,000 in the October 2026 data, up 25%. Total employees: 5 in October 2024 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cypress Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (6); charitable organizations (5); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Which custodians does Cypress Wealth Management use?",
      "a": "Cypress Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Tristate Capital Bank as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cypress Wealth Management 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/324524"
    },
    {
      "q": "What changed in Cypress Wealth Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 3 to 2."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 226200000.0,
      "total_employees": 5,
      "filing_date": "2024-07-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 235800000.0,
      "total_employees": 5,
      "filing_date": "2025-05-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 282700000.0,
      "total_employees": 6,
      "filing_date": "2026-03-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 2."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Regulatory assets under management went from $235,800,000 to $272,000,000 (+15%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 20, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "0.7% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 0.7% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Investment advisory fees are based on the market value of assets under management at the end of the prior calendar year. Investment advisory fees range up to 0.70% of Client assets under management annually based on several factors"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 0.7,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Investment advisory fees are based on the market value of assets under management at the end of the prior calendar year. Investment advisory fees range up to 0.70% of Client assets under management annually based on several factors"
    ],
    "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": "Tristate Capital Bank",
      "name_as_filed": "TRISTATE CAPITAL BANK",
      "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-wealth-management-oakbrook-terrace-il-324524.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 6,
      "fewer_than_5": false,
      "raum": 32000000.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 156000000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 5,
      "fewer_than_5": false,
      "raum": 94700000.0
    }
  ],
  "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/324524",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}