Cypress Wealth Advisors was a San Francisco-based registered investment adviser and wealth manager serving high-net-worth individuals and families. Before Cresset acquired the firm in 2019, it managed more than $500 million in client assets for 170 high-net-worth clients. Cypress advised pooled investment vehicles and invested across public equities, fixed income, real estate, private equity, venture capital and natural resources; its real estate activity included closed opportunistic funds. After the acquisition, clients gained access to institutional-quality real estate opportunities through Cresset Partners, Cresset’s private-investing affiliate. For real estate sponsors, Cypress stood out for its established high-net-worth client relationships and experience advising pooled vehicles.