Cypress Asset Management Inc
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$276,888,953
Clients
71
Advisors
3
of 5 employees
About
Cypress Asset Management is an independent SEC‑registered adviser that manages approximately $455.8 million for roughly 71 clients, serving individuals, families (including IRAs), trusts, estates, small businesses, charitable organizations and pension/profit‑sharing plans. It provides separately managed portfolio management across several equity and fixed‑income strategies and also acts as a third‑party investment manager for other brokers, custodians and trust companies.
The firm follows a long‑term, fundamentals‑driven investment approach, emphasizing income, cash flow, balance sheet strength and competitive advantages, with most holdings held on a multi‑year horizon and research conducted primarily in‑house. Strategy offerings include Growth & Income, Core Growth, Energy & Natural Resources, Enhanced Yield Dividend and fixed income, and accounts are customized (not pooled) with uninvested reserves typically held in custodian money‑market vehicles.
Distinctive features include a relatively large asset base managed by a compact advisory team and an explicit role providing sub‑advisory services to broker‑dealers and trust companies (including Raymond James and Kovack) under negotiated fee‑sharing arrangements. The firm disclaims custody, does not sell commissioned products or publish research, uses a mix of billing arrangements (primarily fees in arrears but one custodian bills in advance with custodian reimbursement on termination), and does not vote client proxies, practices that set it apart from many peers.
Client services
Expertise
Occupation focus
Fee options
$0 - $2,000,000: 1.25% $2,000,001 - $5,000,000: 0.70% $5,000,001 - $10,000,000: 0.50% $10,000,001+: 0.40%
Account minimum: $500,000 Minimum fee: No minimum fee
Main office
4545 Post Oak Place Drive, Suite 205
Houston TX 77027
Advisors at this office
3
Most active in
Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Frank L
CFA®, Series 65
Houston, TX
Cypress Asset Management Inc
Frank Lee is a CFA® charterholder and holds a Series 65 license, with 13 years of industry experience. He has been with Cypress Asset Management Inc. since 1996. Cypress Asset Management, Inc. is an independent adviser providing separately managed portfolio services to individuals, trusts, estates, small businesses, charitable organizations, and retirement plans. The firm focuses on long-term, fundamental equity investing and manages a range of distinct strategies while accommodating client-imposed investment restrictions.
William G
Series 65
Houston, TX
Cypress Asset Management Inc
William Garwood is a financial advisor at Cypress Asset Management Inc with 22 years of industry experience. He holds a Series 65 credential and has been with Cypress since 1996. Outside of his advisory role, he is a passive equity owner and limited partner in industrial construction and holding companies. Cypress Asset Management, Inc. provides separately managed portfolio services to individuals, trusts, estates, small businesses, charitable organizations, and retirement plans. The firm emphasizes long-term, fundamental equity investing with a focus on income, cash flow, balance sheet strength, and competitive position, managing a range of distinct strategies tailored to client objectives.
William G
Series 65
Houston, TX
Cypress Asset Management Inc
William Garwood is a Series 65-licensed financial advisor with Cypress Asset Management Inc. in Houston, TX, where he has worked since 2012. He has 13 years of industry experience. Outside of his advisory role, he manages operations at W2 Development Partners, a land development business. Cypress Asset Management, Inc. is an independent investment adviser providing separately managed portfolios to individuals, trusts, estates, small businesses, charitable organizations, and retirement plans. The firm focuses on long-term, fundamental equity investing and offers distinct strategies tailored to client objectives, managing a substantial asset base with a small advisory team.
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