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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

CYPRESS ASSET MANAGEMENT INC

CRD 106593

HOUSTON, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:975709e1-897f-3093-dc62-62f3afc8082a

Data as of Apr 1, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 5:45 PM UTC and rebuilt at most every 15 minutes.

Relationships: 6
Dated events: 2
On other graphs: 0
Observed: Mar 29, 2012 to Apr 1, 2026
22 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.61 fund_share=0.0 institutional_share=0.14 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $456MItem 5.F on the latest filing (2026-04-01); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $456M
Private client RAUM: $277MderivedItem 5.D individuals plus high net worth individuals
Private client share: 61%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $152Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 5
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 87
Individual clients: 12
High net worth clients: 59
SEC number: 801-51814
CRD: 106593
Filings on the tape: 22
First filed: Mar 29, 2012
Latest filed: Apr 1, 2026
Organised: Corporation, TX
Website: cypressasset.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
WILLIAM GARWOOD	n/a	HOUSTON, TX	23	35	n/a	no
FRANK P. LEE	Chartered Financial Analyst	HOUSTON, TX	13	35	n/a	no
WILLIAM LOCKHART GARWOOD	n/a	HOUSTON, TX	13	14	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
GARWOOD, WILLIAM	President	D	yes	03/1996	Mar 29, 2012	May 1, 2024
LEE, FRANK, P.	CHIEF OPERATING OFFICER	D	yes	03/1996	Mar 29, 2012	May 1, 2024
Melloy, Jeff	CHIEF COMPLIANCE OFFICER	Na	no	03/2022	Mar 29, 2022	May 1, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Apr 1, 2026	$456M	$456M	5	3	0	n/a	n/a
2024	Mar 31, 2025	$414M	$414M	5	3	0	n/a	n/a
2023	Mar 26, 2024	$348M	$343M	5	3	0	n/a	n/a
2022	Mar 15, 2023	$298M	$293M	5	3	0	n/a	n/a
2021	Mar 29, 2022	$442M	$442M	7	3	0	n/a	n/a
2020	Feb 17, 2021	$378M	$378M	6	3	0	n/a	n/a
2019	Mar 25, 2020	$327M	$327M	6	3	0	n/a	n/a
2018	Mar 27, 2019	$295M	$295M	6	3	0	n/a	n/a
2017	Mar 28, 2018	$492M	$492M	6	3	0	n/a	n/a
2016	Mar 31, 2017	$545M	$545M	6	3	n/a	n/a	n/a
2015	Mar 29, 2016	$527M	$527M	5	3	n/a	n/a	n/a
2014	Mar 27, 2015	$578M	$578M	5	3	n/a	n/a	n/a
2013	Mar 25, 2014	$601M	$601M	5	3	n/a	n/a	n/a
2012	Mar 27, 2013	$501M	$499M	5	3	n/a	n/a	n/a
2011	Mar 29, 2012	$474M	$467M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$456M	$414M	10.2%	$298M	15.2%	5	5	0	0

Relationships

Registered with (3)

← WILLIAM LOCKHART GARWOODAdvisorregistration: current employment
Nov 20, 2012 to presentfactForm ADV
← FRANK P. LEEAdvisorregistration: current employment
Oct 23, 2012 to presentfactForm ADV
← WILLIAM GARWOODAdvisorregistration: current employment
Apr 23, 2003 to presentfactForm ADV

Controls (2)

← GARWOOD, WILLIAMOwnerPRESIDENT, ownership code D, individual
Mar 29, 2012 to May 1, 2024factForm ADV
← LEE, FRANK, P.OwnerCHIEF OPERATING OFFICER, ownership code D, individual
Mar 29, 2012 to May 1, 2024factForm ADV

Owns (1)

← Melloy, JeffOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 29, 2022 to May 1, 2024factForm ADV

Dated events

Occurred
Mar 15, 2023
Regulatory AUM changed
Cypress Asset Management Inc reported RAUM $298.0M, down 33% from $442.2M (2022-03-29 to 2023-03-15)
Form ADVobserved 6 days ago
$-144M
Occurred
Mar 27, 2019
Regulatory AUM changed
Cypress Asset Management Inc reported RAUM $294.8M, down 40% from $492.4M (2018-03-28 to 2019-03-27)
Form ADVobserved 6 days ago
$-198M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:975709e1-897f-3093-dc62-62f3afc8082a
First observed: Mar 29, 2012
Last observed: Apr 1, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

CYPRESS ASSET MANAGEMENT INC

CRD 106593

HOUSTON, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:975709e1-897f-3093-dc62-62f3afc8082a

Data as of Apr 1, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 5:45 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

WILLIAM GARWOOD

n/a

HOUSTON, TX

n/a

FRANK P. LEE

Chartered Financial Analyst

HOUSTON, TX

n/a

WILLIAM LOCKHART GARWOOD

n/a

HOUSTON, TX

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

GARWOOD, WILLIAM

President

yes

03/1996

Mar 29, 2012

May 1, 2024

LEE, FRANK, P.

CHIEF OPERATING OFFICER

yes

03/1996

Mar 29, 2012

May 1, 2024

Melloy, Jeff

CHIEF COMPLIANCE OFFICER

03/2022

Mar 29, 2022

May 1, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 1, 2026

$456M

n/a

2024

Mar 31, 2025

$414M

n/a

2023

Mar 26, 2024

$348M

$343M

n/a

2022

Mar 15, 2023

$298M

$293M

n/a

2021

Mar 29, 2022

$442M

n/a

2020

Feb 17, 2021

$378M

n/a

2019

Mar 25, 2020

$327M

n/a

2018

Mar 27, 2019

$295M

n/a

2017

Mar 28, 2018

$492M

n/a

2016

Mar 31, 2017

$545M

n/a

2015

Mar 29, 2016

$527M

n/a

2014

Mar 27, 2015

$578M

n/a

2013

Mar 25, 2014

$601M

n/a

2012

Mar 27, 2013

$501M

$499M

n/a

2011

Mar 29, 2012

$474M

$467M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$456M

$414M

10.2%

$298M

15.2%