DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Registered advisor

Clark Steven Penney

Cypress Wealth Services, LLCindependent RIAPalm Desert, Cadual registrantIAPD 5539813

Feed of 09/14/2026

Also filed as Clark S Penney

At current firm

9 y

since Jul 19, 2017

In the industry

18 y

since Sep 4, 2008 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S66

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Professional profile

what the firm itself publishes, with the page it was read from

Title: Partner and Senior Financial Advisorreportedcypressws.comfirm site, Sep 15, 2026

Only business contact points the firm published under its own name are shown; nothing is inferred, and personal accounts are never read. What the bio page says is printed as the firm printed it, with the sentence it came from; years are the firm’s claim, not a count of registrations.

Registration history

IAPD current and previous registrations

Cypress Wealth Services, LLC independent RIA current
since Jul 19, 2017 · Palm Desert, Ca
Integrated Wealth Management, Inc. former
May 5, 2014 to Dec 31, 2017 · Palm Desert, Ca
Morgan Stanley wirehouse
Jun 1, 2009 to May 14, 2014 · Anchorage, Ak
Morgan Stanley & Co. LLC unclassified
Sep 25, 2008 to Jun 1, 2009 · Palm Desert, Ca
Merrill Lynch, Pierce, Fenner & Smith Incorporated wirehouse
Sep 11, 2008 to Sep 15, 2008 · Indian Wells, Ca

Moves

a registration end followed by a registration begin elsewhere

Integrated Wealth Management, Inc. to Cypress Wealth Services, LLC
left Dec 31, 2017, registered Jul 19, 2017 (-165 days) · Other · moved with a team
Morgan Stanley to Integrated Wealth Management, Inc.
left May 14, 2014, registered May 5, 2014 (-9 days) · Other
Morgan Stanley & Co. LLC to Morgan Stanley
left Jun 1, 2009, registered Jun 1, 2009 (0 days) · corporate re-registration, not a move
Merrill Lynch, Pierce, Fenner & Smith Incorporated to Morgan Stanley & Co. LLC
left Sep 15, 2008, registered Sep 25, 2008 (10 days) · Other

Signals

No dated event on this person.

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Independent wealth managerderived
Years in industry: 18derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address