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.
Former SEC-registered adviser
Cypress Capital Group
Legal name Cypress Capital Group, Inc.
Latest filing Aug 11, 2025
First filing on the tape Nov 30, 2011 · 48 filings
SEC status approved since Jan 16, 2003
RAUM
$57.5M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
98%
$56.4M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$28.7M
derived; firm RAUM over IAPD count
Employees
7
2 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
48 filings and snapshots on the tape
RAUM$57.5M as of Aug 11, 2025
Mar 27, 2012$131M then
HNW client RAUM$55.2M as of Aug 11, 2025
Mar 28, 2018$63.8M then
State-registered IARs (5.B.3)2 as of Aug 11, 2025
Mar 14, 20131 then
Employees (5.A)7 as of Aug 11, 2025
Mar 14, 20134 then
Private funds: no history
RAUM -56% over the last fiscal year-33% a year over threeIARs 4 to 2offices 4 to 2
Practice profile
derived from the filing of Aug 11, 2025; every figure names its basis
- RAUM per advisor
- $28.7MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 25derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.5MderivedHNW RAUM over HNW clients
- Average account
- $1.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.5derivedItem 5.A over advisors
- Advisors per office
- 0.7derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- -56%derivedbetween the last two annual amendments
- Advisor growth, one year
- -50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -11%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
- Custody
- $46,220, 37 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$55.2M96%
- Individuals$1.2M2.1%
- Corporations and businesses$1.0M1.8%
- Charitable organizations$2,0650.0%
- Individual clients
- 11reported
- HNW clients
- 38reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 52reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $46,220 for 37 clientsreported
- Compensation
- % of AUMreported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Brian Skarbek | Myakka City, Fl | Nov 23, 2005 | 30 y | 0 |
| Theresa D Strickland | Sarasota, Fl | Nov 23, 2005 | 20 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
- Massimo Santicchia to ProcyonMar 25, 2025 · RIA to RIA
- Katherine Michelle Gallagher to ProcyonMar 25, 2025 · RIA to RIA
- Massimo Santicchia to Crest Investment Partners LLCNov 23, 2016 · Other
- Jeffrey Scott Greer to Hightower Advisors, LLCNov 14, 2011 · Other
- Michael Guy Blackmon to Banyan Partners, LLCOct 20, 2008 · Other
- Steven Jay Rothenberg to Carl Domino Inc.Dec 16, 2005 · Other
Joined, latest
- Katherine Michelle Gallagher from Alpha Quant Advisors, LLCJul 7, 2020 · RIA to RIA
- Massimo Santicchia from Alpha Quant Advisors, LLCJul 6, 2020 · RIA to RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Alpha Quant Advisors, LLCJun 19, 2020 · Irving, Tx
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- J. Oliver Cole · Directorcontrolsince 06/2020 · owns less than 5%
- Mike Coleman · Directorcontrolsince 05/2020 · owns less than 5%
- Patricio Dillon · Chief Compliance Officercontrolsince 09/2022 · owns less than 5%
- Bernard Robert Goldstein · Directorcontrolsince 10/2019 · owns less than 5%
- Christian Tom Hermansen · Directorcontrolsince 05/2020 · owns less than 5%
- S. Dana Kilborne · Ceo & Directorcontrolsince 09/2019 · owns less than 5%
- John Marino · President, Cfo, Treasurer And Directorcontrolsince 04/2020 · owns less than 5%
- Brian Skarbek · Chief Investment Officercontrolsince 02/2017 · owns less than 5%
- T. James Swann · Directorcontrolsince 05/2020 · owns less than 5%
- E. John Tranter · Directorcontrolsince 06/2020 · owns less than 5%
- C. Wayne Wolfson · Directorcontrolsince 06/2020 · owns less than 5%
- Padmasree Chigurupati · Trusteecontrolsince 05/2019 · owns F of The Chigurupati 2011 Irrevocable Trust Fbo Kavyasree Dated November 21, 2011
- Padmasree Chigurupati · Trusteecontrolsince 05/2019 · owns F of The Chigurupati 2011 Irrevocable Trust Fbo Saisriram Dated November 21, 2011
- Boris Havkin · Managercontrolsince 12/2017 · owns 25% to 50% of Golden Bhn
- Natalie Havkin · Managercontrolsince 12/2017 · owns 25% to 50% of Golden Bhn
- T. James Swann · Trusteecontrolsince 05/2020 · owns F of James T. Swann Trust
- Jayaram Chigurupati · Shareholdersince 10/2010 · owns less than 5%
- M. Guy Spearman · Stock Ownersince 04/2020 · owns 5% to 10%
- Nohitha Parimi · Trusteesince 01/2024 · owns F of The Chigurupati 2011 Irrevocable Trust Fbo Saisriram Dated November 21, 2011
- Nohitha Parimi · Trusteesince 01/2024 · owns F of The Chigurupati 2011 Irrevocable Trust Fbo Kavyasree Dated November 21, 2011
Entity owners
- Golden Bhn · Stockholderdirect · owns 5% to 10%
- James T. Swann Trust · Stock Ownerdirect · owns 5% to 10%
- The Chigurupati 2011 Irrevocable Trust Fbo Kavyasree Dated November 21, 2011 · Stock Ownerdirect · owns less than 5%
- The Chigurupati 2011 Irrevocable Trust Fbo Saisriram Dated November 21, 2011 · Stock Ownerdirect · owns less than 5%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Palm Beach, Fl · principal | 2 | 0 | 0 | ||
| Sarasota, Fl | 2 | 0 | 0 | ||
| Wellington, Fl | 0 | 0 | 0 | ||
| New York, Ny | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Sarasota, FL1 employees
- , 1 employees
What changed
consecutive filings, newest first
- Assets in custody · unset to 46220.0Mar 27, 2025 to May 14, 2025
- Custody of client assets · false to trueMar 27, 2025 to May 14, 2025
- Financial planning clients · unset to Mar 27, 2025 to May 14, 2025
- Accounts · 152 to 52Mar 27, 2024 to Mar 27, 2025
- Advisory employees · 4 to 2Mar 27, 2024 to Mar 27, 2025
- Advisory activities · 4 to 3Mar 27, 2024 to Mar 27, 2025
- Corporate clients · unset to 5.0Mar 27, 2024 to Mar 27, 2025
- HNW clients · 45 to 38Mar 27, 2024 to Mar 27, 2025
- Individual clients · 10 to 11Mar 27, 2024 to Mar 27, 2025
- Employees · 9 to 7Mar 27, 2024 to Mar 27, 2025
- State-registered IARs · 4 to 2Mar 27, 2024 to Mar 27, 2025
- Other offices · 4 to 2Mar 27, 2024 to Mar 27, 2025
- Discretionary RAUM · $130M to $57.0MMar 27, 2024 to Mar 27, 2025
- HNW RAUM · $106M to $55.2MMar 27, 2024 to Mar 27, 2025
- Individual RAUM · $2.6M to $1.2MMar 27, 2024 to Mar 27, 2025
- Non-discretionary RAUM · $660,018 to $468,000Mar 27, 2024 to Mar 27, 2025
- RAUM · $130M to $57.5MMar 27, 2024 to Mar 27, 2025
- Accounts · 165 to 152Mar 20, 2023 to Mar 27, 2024
- HNW clients · 50 to 45Mar 20, 2023 to Mar 27, 2024
- Individual clients · 13 to 10Mar 20, 2023 to Mar 27, 2024
- Employees · 8 to 9Mar 20, 2023 to Mar 27, 2024
- State-registered IARs · 5 to 4Mar 20, 2023 to Mar 27, 2024
- Other offices · 6 to 4Mar 20, 2023 to Mar 27, 2024
- Discretionary RAUM · $150M to $130MMar 20, 2023 to Mar 27, 2024
- HNW RAUM · $95.1M to $106MMar 20, 2023 to Mar 27, 2024
- Individual RAUM · $4.9M to $2.6MMar 20, 2023 to Mar 27, 2024
- Non-discretionary RAUM · $254,469 to $660,018Mar 20, 2023 to Mar 27, 2024
- RAUM · $150M to $130MMar 20, 2023 to Mar 27, 2024
- Accounts · 177 to 165Sep 22, 2022 to Mar 20, 2023
- Advisory employees · 5 to 4Sep 22, 2022 to Mar 20, 2023
- Charity clients · 4.0 to unsetSep 22, 2022 to Mar 20, 2023
- Corporate clients · 4.0 to unsetSep 22, 2022 to Mar 20, 2023
- HNW clients · 27 to 50Sep 22, 2022 to Mar 20, 2023
- Individual clients · 24 to 13Sep 22, 2022 to Mar 20, 2023
- Employees · 10 to 8Sep 22, 2022 to Mar 20, 2023
- State-registered IARs · 6 to 5Sep 22, 2022 to Mar 20, 2023
- Discretionary RAUM · $191M to $150MSep 22, 2022 to Mar 20, 2023
- HNW RAUM · $118M to $95.1MSep 22, 2022 to Mar 20, 2023
- Individual RAUM · $13.1M to $4.9MSep 22, 2022 to Mar 20, 2023
- Non-discretionary RAUM · $0 to $254,469Sep 22, 2022 to Mar 20, 2023
Signals
11 dated events
- Cypress Capital Group no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $57.5M)Dec 20, 2025 · Left the SEC roster · derived
- Katherine Michelle Gallagher left Cypress Capital Group for Procyon (registered 2025-03-03)Mar 25, 2025 · Advisor changed firm · fact
- Massimo Santicchia left Cypress Capital Group for Procyon (registered 2026-01-01)Mar 25, 2025 · Advisor changed firm · fact
- Boris Havkin (Manager) appeared on Schedule A of Cypress Capital GroupMar 20, 2023 · Control person joined · fact
- Natalie Havkin (Manager) appeared on Schedule A of Cypress Capital GroupMar 20, 2023 · Control person joined · fact
- Roxanne Ertle (Chief Compliance Officer) no longer on Schedule A of Cypress Capital Group (listed 2022-09-01, absent 2022-09-22)Sep 22, 2022 · Control person left · inference
- Patricio Dillon (Chief Compliance Officer) appeared on Schedule A of Cypress Capital GroupSep 22, 2022 · Control person joined · fact
- Patricio Dillon (Secretary) no longer on Schedule A of Cypress Capital Group (listed 2020-06-23, absent 2020-06-30)Jun 30, 2020 · Control person left · inference
- John Marino (Cfo & Treasurer) appeared on Schedule A of Cypress Capital GroupApr 30, 2020 · Control person joined · fact
- Neelima Vadde (Trustee) no longer on Schedule A of Cypress Capital Group (listed 2019-06-14, absent 2019-10-29)Oct 29, 2019 · Control person left · inference
- Roxanne Ertle (Chief Compliance Officer) appeared on Schedule A of Cypress Capital GroupMar 26, 2019 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $28.7Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026