# Cypress Wealth Services, LLC

> Cypress Wealth Services, LLC is an SEC-registered investment advisory firm in Palm Desert, CA, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated February 6, 2026.

- CRD: 288992
- Filed as: CYPRESS WEALTH SERVICES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Palm Desert, CA
- Filing period: October 2026
- Form ADV filing dated: February 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/288992
- AdvisorCensus page: https://advisorcensus.com/firm/cypress-wealth-services-llc-palm-desert-ca-288992

## Quick answers

**How is Cypress Wealth Services, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Cypress Wealth Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Cypress Wealth Services, LLC located?**
Cypress Wealth Services, LLC's principal office is in Palm Desert, CA, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Cypress Wealth Services, LLC registered with the SEC or a state?**
Cypress Wealth Services, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 288992.

**How much does Cypress Wealth Services, LLC manage?**
Cypress Wealth Services, LLC reports $1,339,348,214 in regulatory assets under management in its Form ADV filing dated February 6, 2026 (100% discretionary).

**How have Cypress Wealth Services, LLC's assets and staff changed since 2021?**
In the Form ADV data for Cypress Wealth Services, LLC: Regulatory assets under management: $981,562,451 in the October 2021 data and $1,339,348,214 in the October 2026 data, up 36%. Total employees: 18 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cypress Wealth Services, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (469); high net worth individuals (356); corporations or other businesses not listed above (6).

**Which custodians does Cypress Wealth Services, LLC use?**
Cypress Wealth Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Cypress Wealth Services, LLC report any disciplinary disclosures?**
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/288992

**What changed in Cypress Wealth Services, LLC's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 10 to 14. Regulatory assets under management went from $965,541,741 to $1,339,348,214 (+39%). Registered or notice-filed in IA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,339,348,214
- Discretionary: $1,339,348,214
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 469 | $134,220,235 |
| High net worth individuals | 356 | $1,137,178,385 |
| Charitable organizations | 5 | $50,066,788 |
| Corporations or other businesses not listed above | 6 | $17,882,806 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2017 (9 years)
- Employees: 21 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AZ, CA, CO, FL, GA, HI, IA, IL, MA, NV, NY, OR, PA, SC, TX, UT, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Anchorage, AK

### Websites listed on Form ADV (Item 1.I)
- cypressws.com
- Facebook @CYPRESSWEALTHSERVICES
- LinkedIn @cypresswealthservices
- YouTube @UCC99GSU82KTYmJI5_ebPadw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $981,562,451 | 18 | May 4, 2021 |
| October 2022 | $714,689,337 | 13 | February 7, 2022 |
| October 2023 | $677,121,007 | 16 | May 19, 2023 |
| October 2024 | $821,276,773 | 16 | September 26, 2024 |
| October 2025 | $965,541,741 | 14 | April 18, 2025 |
| October 2026 | $1,339,348,214 | 21 | February 6, 2026 |

Regulatory assets under management: $981,562,451 in the October 2021 data and $1,339,348,214 in the October 2026 data, up 36%.
Total employees: 18 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 10 to 14.
- Regulatory assets under management went from $965,541,741 to $1,339,348,214 (+39%).
- Registered or notice-filed in IA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cypress Wealth Services, LLC (CRD 288992): Form ADV filing data as of October 2026.