Our team met while working at a large financial institution, with each of our experiences having a common thread: while we all thoroughly enjoyed the technical and fundamental side of the financial work, we were frustrated with the culture.
Instead of encouraging a focus on client goals, we were pressured to meet sales quotas. While we liked to think of ourselves as financial advisors and wealth managers, management referred to us all as “producers”. Sales skills were valued above all, as top “producers” were the best “asset gatherers”.
We all shared a belief: that the Wall Street business model was good for Wall Street…but not for clients. We felt we could do better and enjoy our jobs more if we could simply use our skills to help our clients reach their goals.
That was the start of Cypress Private Wealth.
Along with leaving behind the sales culture, we left behind the stuffy suits. Our goal is to be productive and we felt the whole Wall Street image was more for show. Now, you’re more likely to find us in casual clothes, so we can be more productive.
We also believe in a low overhead model. Without the expensive office space, we can pass those savings on to our clients. Most of our clients prefer to meet us virtually, or at their office or home anyway, and our goal is to provide convenience.
One area that Cypress has committed to is technology. We use the best technology and tools we can find that can help us better manage your risk.
Fast forward to today: Cypress Private Wealth has been honored to serve as an advisor for many professionals and families in Silicon Valley and beyond.
We pride ourselves on providing the same services as an institutional bank, with more personal attention and none of the conflicts of interest. We do it with independence, allowing us to focus on serving you, not Wall Street shareholders.
Cypress Private Wealth’s efforts are supported by LPL Financial. LPL Financial is a value driven firm that supports independent advisors across the country.
By partnering with LPL, we access deep resources that allow us to serve you better.
LPL also act as the custodian for your funds. Their advanced security and experience safeguarding client funds helps keep your money safe.
LPL Financial is one of the nation’s leading financial services companies and a publicly traded company under ticker symbol LPLA. The firm’s mission is rooted in the belief that objective financial guidance is a fundamental need for everyone.
LPL does not offer proprietary investment products or engage in investment banking activities; this means advisors affiliated with LPL are not pressured or influenced by LPL to sell its products. Thousands of financial advisors nationwide are able to rely on the firm’s tools and resources to help them provide financial guidance and recommendations to help meet their clients’ needs. For more information about LPL Financial, visit www.lpl.com.