{
  "crd_number": 172113,
  "slug": "sierra-legacy-group-scottsdale-az-172113",
  "primary_business_name": "SIERRA LEGACY GROUP",
  "legal_name": "CYPRESS ADVISORY GROUP, LLC",
  "dbas": [
    "SIERRA LEGACY GROUP"
  ],
  "city": "Scottsdale",
  "state": "AZ",
  "country": "United States",
  "cbsa_code": "38060",
  "metro": {
    "cbsa_code": "38060",
    "common_name": "Phoenix",
    "msa_name": "Phoenix-Mesa-Chandler, AZ",
    "path": "/advisors/az/phoenix"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-09-08",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-01-22",
  "carried_forward": false,
  "raum_total": 152721993.0,
  "raum_discretionary": 152721993.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 3814931.0,
      "count": 10
    },
    "high_net_worth_individuals": {
      "raum": 148907062.0,
      "count": 14
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "NV"
  ],
  "websites": [
    "https://cypressnv.com",
    "https://instagram.com/sierralegacygroup?__d=1%2F",
    "https://sierralegacygroup.com",
    "https://youtube.com/@SierraLegacyGroup/shorts"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/172113",
  "city_as_filed": "SCOTTSDALE",
  "url": "https://advisorcensus.com/firm/sierra-legacy-group-scottsdale-az-172113",
  "display_name": "Sierra Legacy Group",
  "summary": "Sierra Legacy Group is an SEC-registered investment advisory firm in Scottsdale, AZ, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 22, 2026.",
  "citation": "AdvisorCensus. Sierra Legacy Group (CRD 172113): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Sierra Legacy Group compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Sierra Legacy Group reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Sierra Legacy Group located?",
      "a": "Sierra Legacy Group's principal office is in Scottsdale, AZ, according to its Form ADV; the February 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Sierra Legacy Group registered with the SEC or a state?",
      "a": "Sierra Legacy Group is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 172113."
    },
    {
      "q": "How much does Sierra Legacy Group manage?",
      "a": "Sierra Legacy Group reports $152,721,993 in regulatory assets under management in its Form ADV filing dated January 22, 2026 (100% discretionary)."
    },
    {
      "q": "How have Sierra Legacy Group's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Sierra Legacy Group: Regulatory assets under management: $126,916,158 in the October 2022 data and $152,721,993 in the October 2026 data, up 20%. Total employees: 7 in October 2022 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Sierra Legacy Group serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (14); individuals (other than high net worth individuals) (10)."
    },
    {
      "q": "Which custodians does Sierra Legacy Group use?",
      "a": "Sierra Legacy Group'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."
    },
    {
      "q": "Does Sierra Legacy Group 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/172113"
    },
    {
      "q": "What changed in Sierra Legacy Group's recent Form ADV filings?",
      "a": "In the February 2026 filing data: Regulatory assets under management went from $123,288,236 to $152,721,993 (+24%). Employees performing advisory functions went from 3 to 2."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 126916158.0,
      "total_employees": 7,
      "filing_date": "2022-08-16"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 107597502.0,
      "total_employees": 7,
      "filing_date": "2023-02-06"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 110027593.0,
      "total_employees": 7,
      "filing_date": "2024-01-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 123288236.0,
      "total_employees": 8,
      "filing_date": "2025-05-06"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 152721993.0,
      "total_employees": 7,
      "filing_date": "2026-01-22"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $123,288,236 to $152,721,993 (+24%).",
        "Employees performing advisory functions went from 3 to 2."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/sierra-legacy-group-scottsdale-az-172113.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 10,
      "fewer_than_5": false,
      "raum": 3814931.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 14,
      "fewer_than_5": false,
      "raum": 148907062.0
    }
  ],
  "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/172113",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}