# Sierra Legacy Group

> 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.

- CRD: 172113
- Filed as: SIERRA LEGACY GROUP
- Legal name: Cypress Advisory Group, LLC
- Also doing business as: SIERRA LEGACY GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Scottsdale, AZ
- Filing period: October 2026
- Form ADV filing dated: January 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/172113
- AdvisorCensus page: https://advisorcensus.com/firm/sierra-legacy-group-scottsdale-az-172113

## Quick answers

**How is Sierra Legacy Group compensated?**
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).

**Where is Sierra Legacy Group located?**
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).

**Is Sierra Legacy Group registered with the SEC or a state?**
Sierra Legacy Group is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 172113.

**How much does Sierra Legacy Group manage?**
Sierra Legacy Group reports $152,721,993 in regulatory assets under management in its Form ADV filing dated January 22, 2026 (100% discretionary).

**How have Sierra Legacy Group's assets and staff changed since 2022?**
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.

**What types of clients does Sierra Legacy Group serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (14); individuals (other than high net worth individuals) (10).

**Which custodians does Sierra Legacy Group use?**
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.

**Does Sierra Legacy Group 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/172113

**What changed in Sierra Legacy Group's recent Form ADV filings?**
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.

## 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: $152,721,993
- Discretionary: $152,721,993
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 10 | $3,814,931 |
| High net worth individuals | 14 | $148,907,062 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2021 (5 years)
- Employees: 7 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, NV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the February 2026 filing
- Reno, NV

### Websites listed on Form ADV (Item 1.I)
- cypressnv.com
- sierralegacygroup.com
- Instagram @sierralegacygroup
- YouTube @SierraLegacyGroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $126,916,158 | 7 | August 16, 2022 |
| October 2023 | $107,597,502 | 7 | February 6, 2023 |
| October 2024 | $110,027,593 | 7 | January 30, 2024 |
| October 2025 | $123,288,236 | 8 | May 6, 2025 |
| October 2026 | $152,721,993 | 7 | January 22, 2026 |

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.

## Changes in the filing (last 12 months)

### February 2026
- Regulatory assets under management went from $123,288,236 to $152,721,993 (+24%).
- Employees performing advisory functions went from 3 to 2.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sierra Legacy Group (CRD 172113): Form ADV filing data as of October 2026.