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.
SEC-registered adviser
Cypress Capital, LLC
Latest filing Mar 18, 2026
First filing on the tape May 14, 2014 · 45 filings
SEC status approved since May 23, 2014
RAUM
$426M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$418M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$47.3M
derived; firm RAUM over IAPD count
Employees
12
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
45 filings and snapshots on the tape
RAUM$426M as of Mar 18, 2026
Feb 26, 2015$73.0M then
HNW client RAUM$241M as of Mar 18, 2026
Mar 15, 2018$40.9M then
State-registered IARs (5.B.3)8 as of Mar 18, 2026
Feb 26, 20154 then
Employees (5.A)12 as of Mar 18, 2026
Feb 26, 20154 then
Private funds: no history
RAUM +3.0% over the last fiscal year+2.2% a year over threeIARs 8 to 8
Practice profile
derived from the filing of Mar 18, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $47.3MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 73derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $275,403derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 4.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +3.0%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -4.5%derived
- Compensation
- percentage of assets, hourly, fixed fees, subscriptionreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, publications, otherreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $30.9M, 119 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
- buys or sells securities as principal to or from clients (8.A.2)
- 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$241M57%
- Individuals$177M42%
- Corporations and businesses$5.2M1.2%
- Pension and profit-sharing plans$2.6M0.6%
- Individual clients
- 550reported
- HNW clients
- 107reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,547reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- $0 sponsored, $42.8M managedreported
- Custody of client assets
- $30.9M for 119 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.98 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Preston BrooksChartered Financial Analyst | Franklin, Tn | Jun 11, 2014 | 26 y | 3 |
| William Ray BevinsCertified Financial Planner | Franklin, Tn | Sep 27, 2019 | 30 y | 0 |
| Leigh Ann Luther | Franklin, Tn | May 27, 2020 | 25 y | 3 |
| Brett Lee LutherCertified Financial Planner | Franklin, Tn | May 27, 2020 | 19 y | 3 |
| Joseph Patrick Pessetto | Raleigh, Nc | Jan 7, 2025 | 28 y | 3 |
| Keith Alan Hays | Franklin, Tn | Jan 15, 2025 | 31 y | 1 |
| Robert Owen WalkerCertified Financial Planner | Franklin, Tn | Jul 30, 2025 | 22 y | 3 |
| Mark Tomas DodsonChartered Financial Analyst | Franklin, Tn | Dec 17, 2025 | 27 y | 1 |
| Jeffrey David Hays | Franklin, Tn | Dec 19, 2025 | 30 y | 3 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Christopher Forrest Prest to Lee Danner & Bass IncMar 3, 2025 · RIA to RIA
- Jeffrey David Hays to Arlington Partners LLCMar 6, 2019 · RIA to RIA
Joined, latest
- Jeffrey David Hays from Arlington Partners LLCDec 19, 2025 · RIA to RIA
- Mark Tomas Dodson from Hays Advisory, LLCDec 17, 2025 · RIA to RIA
- Robert Owen Walker from Trustcore Financial Services, LLCJul 30, 2025 · Other
- Keith Alan Hays from Hays Advisory, LLCJan 15, 2025 · RIA to RIA
- Joseph Patrick Pessetto from Music Row Wealth ManagementJan 7, 2025 · RIA to RIA
- Christopher Forrest Prest from Calydon Capital, LLCJun 27, 2024 · RIA to RIA
- Leigh Ann Luther from Morgan StanleyMay 27, 2020 · Wirehouse to independent RIA
- Brett Lee Luther from Morgan StanleyMay 27, 2020 · Wirehouse to independent RIA
- Michael Preston Brooks from Morgan StanleyJun 11, 2014 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Jeffrey David Hays from Hays Advisory, LLCJun 9, 2014 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Morgan StanleyMay 27, 2020 · Nashville, Tn
- 3 joined from Hays Advisory, LLCDec 31, 2018 · Franklin, Tn · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Preston Michael Brooks · Membercontrolsince 04/2014 · owns 50% to 75%
- Tomas Mark Dodson · Membercontrolsince 04/2014 · owns 50% to 75%
- Reigh Taylor Luther · Chief Compliance Officercontrolsince 11/2019 · owns less than 5%
Related persons
Schedule D 7.A
- Music Row Wealth Managementinvestment adviseryRAUM $432M
Advisers that list Cypress Capital, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Franklin, Tn · principal | 9 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,534 to 1,547Nov 5, 2025 to Mar 18, 2026
- Corporate clients · 8 to 6Nov 5, 2025 to Mar 18, 2026
- HNW clients · 96 to 107Nov 5, 2025 to Mar 18, 2026
- Individual clients · 592 to 550Nov 5, 2025 to Mar 18, 2026
- Assets in custody · $29.8M to $30.9MNov 5, 2025 to Mar 18, 2026
- Discretionary RAUM · $414M to $426MNov 5, 2025 to Mar 18, 2026
- HNW RAUM · $208M to $241MNov 5, 2025 to Mar 18, 2026
- Individual RAUM · $187M to $177MNov 5, 2025 to Mar 18, 2026
- Pension RAUM · $2.2M to $2.6MNov 5, 2025 to Mar 18, 2026
- RAUM · $414M to $426MNov 5, 2025 to Mar 18, 2026
- Wrap assets (manager) · $52.7M to $42.8MNov 5, 2025 to Mar 18, 2026
- Financial planning clients · 26-50 to 26-50Feb 20, 2025 to Jun 19, 2025
- Accounts · 1,554 to 1,534Jan 30, 2025 to Feb 20, 2025
- Advisory employees · 6 to 7Jan 30, 2025 to Feb 20, 2025
- Corporate clients · 25 to 8Jan 30, 2025 to Feb 20, 2025
- HNW clients · 97 to 96Jan 30, 2025 to Feb 20, 2025
- Individual clients · 495 to 592Jan 30, 2025 to Feb 20, 2025
- Assets in custody · $56.1M to $29.8MJan 30, 2025 to Feb 20, 2025
- Financial planning clients · 1-10 to 26-50Jan 30, 2025 to Feb 20, 2025
- State-registered IARs · 6 to 8Jan 30, 2025 to Feb 20, 2025
- Discretionary RAUM · $401M to $414MJan 30, 2025 to Feb 20, 2025
- HNW RAUM · $224M to $208MJan 30, 2025 to Feb 20, 2025
- Individual RAUM · $151M to $187MJan 30, 2025 to Feb 20, 2025
- Pension RAUM · $276,231 to $2.2MJan 30, 2025 to Feb 20, 2025
- RAUM · $401M to $414MJan 30, 2025 to Feb 20, 2025
- Wrap assets (manager) · $54.0M to $52.7MJan 30, 2025 to Feb 20, 2025
- Other offices · 0 to 1Nov 8, 2024 to Jan 30, 2025
- Related adviser · true to falseNov 8, 2024 to Jan 30, 2025
- Accounts · 1,566 to 1,554Mar 30, 2023 to Mar 27, 2024
- Charity clients · 2.0 to unsetMar 30, 2023 to Mar 27, 2024
- Corporate clients · 19 to 25Mar 30, 2023 to Mar 27, 2024
- HNW clients · 412 to 97Mar 30, 2023 to Mar 27, 2024
- Individual clients · 1,126 to 495Mar 30, 2023 to Mar 27, 2024
- Pension plan clients · 7.0 to unsetMar 30, 2023 to Mar 27, 2024
- Assets in custody · unset to 56067350.0Mar 30, 2023 to Mar 27, 2024
- Custody of client assets · false to trueMar 30, 2023 to Mar 27, 2024
- Employees · 11 to 12Mar 30, 2023 to Mar 27, 2024
- Financial planning clients · 0 to 1-10Mar 30, 2023 to Mar 27, 2024
- Discretionary RAUM · $399M to $401MMar 30, 2023 to Mar 27, 2024
- HNW RAUM · $229M to $224MMar 30, 2023 to Mar 27, 2024
Signals
7 dated events
- Christopher Forrest Prest left Cypress Capital, Llc for Lee Danner & Bass Inc (registered 2025-03-25)Mar 3, 2025 · Advisor changed firm · fact
- Lynn Wendy Vasquez (Chief Compliance Officer) no longer on Schedule A of Cypress Capital, Llc (listed 2019-10-08, absent 2019-12-03)Dec 3, 2019 · Control person left · inference
- David Jeffrey Hays (Member) no longer on Schedule A of Cypress Capital, Llc (listed 2019-10-08, absent 2019-12-03)Dec 3, 2019 · Control person left · inference
- Alan Keith Hays (Member) no longer on Schedule A of Cypress Capital, Llc (listed 2019-10-08, absent 2019-12-03)Dec 3, 2019 · Control person left · inference
- Reigh Taylor Luther (Chief Compliance Officer) appeared on Schedule A of Cypress Capital, LlcDec 3, 2019 · Control person joined · fact
- Cypress Capital, Llc reported RAUM $267.9M, up 93% from $138.7M (2018-12-17 to 2019-03-26)Mar 26, 2019 · RAUM change · derived
- Cypress Capital, Llc filed its initial SEC registration (Form ADV)May 14, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 615-469-7348reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- LINKEDIN.COM/company/CYPRESS-CAPITAL-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- williambevins.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 615-467-6075reportedpublic record, Form ADV, Mar 18, 2026
- Contact form
- williambevins.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $47.3Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026