Cypress Wealth Advisors LLC (San Francisco)

Name: Cypress Wealth Advisors LLC
Address: 101 California Street, San Francisco, CA, 94111
Telephone: (415)489-2100

Cypress Wealth Advisors LLC is a large advisory firm based in San Francisco. It manages $576.43 million of regulatory assets for 267 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Nevada, and New York.

Cypress Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cypress Wealth Advisors: assets under management

The assets under management (AUM) of Cypress Wealth Advisors LLC is $576.43 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $397.06 million in discretionary accounts and $179.37 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.51 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $44.84 million.

Cypress Wealth Advisors has custody of $226.91 million in cash and securities for 96 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is other assets, which make up 40% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cypress Wealth Advisors LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cypress Wealth Advisors serves?

The only and largest group of clients of Cypress Wealth Advisors is high net worth individuals with 170 clients and $566.6 million of assets under management. Among the 7 most similar advisory firms, Cypress Wealth Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $566.6 million for 170 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Cypress Wealth Advisors also advises several private funds. Namely, ten hedge funds, seven real estate funds, two other private funds, three private equity funds, and one venture capital fund. The minimum investment commitment required of non-related persons is $10,000 for each fund.

Careers at Cypress Wealth Advisors LLC

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sean Jason Figueroa	Principal	1 Jul 2004	Other	2556909
Blue Pine Holdings	Member (class a)	1 Jul 2004	75% - 100%	34-2006988
First Republic Bank	Class b member	1 Jul 2004	Other	88-0157485
Llc Blue Pine Holdings	Member (class a)	1 Jul 2004	75% - 100%	34-2006988
Steven Wilfred Enos	Principal	1 Aug 2004	25% - 50%	4518317
Barbara Hayes Young	Principal, managing member (class b)	1 Sep 2004	50% - 75%	4380311
Vincent Anthony Colabianchi	Chief financial officer & chief compliance officer	1 Apr 2005	Other	4380312
James Eugene Longinotti	Chief compliance officer & co-chief investment officer	1 Sep 2011	Other	6626202
Sophie Angela Lee	Principal, chief operating officer	1 Nov 2011	Other	6777619

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Steven Wilfred Enos	Managing member	1 Oct 2004	25% - 50%	4518317
Barbara Hayes Young	Managing member	1 Oct 2004	25% - 50%	4380311

Based in San Francisco

The principal office where Cypress Wealth Advisors LLC performs its advisory services is located at 101 California Street, San Francisco, CA 94111, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (415)489-2100 or by fax (415)489-2109. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at cypresswealth.com.