Lyell Wealth Management Lp
- Regulatory AUM
- $1.6B
- Discretionary
- $1.6B
- Clients
- 307
- Avg AUM / client
- $5.4M
- Accounts
- 307
- Employees
- 11
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 54 | $20.4M | 1.24% |
| High net worth individuals | 249 | $1.6B | 97.1% |
| Charitable organizations | 3 | $24.6M | 1.49% |
| Corporations and other businesses | 1 | $3.2M | 0.19% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Wsgr 401(k) And Profit Sharing Plan Wilson Sonsini Goodrich & Rosati, Pc | 2024 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Bennitt, Matthew, Isaac | Managing Member | Mar 2016 (10y) | ≈ 0% – 2.5% via Lyell Wealth Management Llc | |
| Berry, Jeffrey, Garvin | Managing Member | Mar 2016 (10y) | ≈ 0% – 2.5% via Lyell Wealth Management Llc | |
| Connell, Kevin, Philip | Managing Member | Mar 2016 (10y) | ≈ 0% – 2.5% via Lyell Wealth Management Llc | |
| Tuck, Nancy, Falkenberg | Managing Member | Mar 2016 (10y) | ≈ 0% – 2.5% via Lyell Wealth Management Llc |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lyell Wealth Management Llc | General Partner | Mar 2016 | A | Less than 5% |
Undisclosed: 0% – 60% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Bennitt, Matthew, Isaac: 25% – 50% of Lyell Wealth Management Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Berry, Jeffrey, Garvin: 25% – 50% of Lyell Wealth Management Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Connell, Kevin, Philip: 25% – 50% of Lyell Wealth Management Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Tuck, Nancy, Falkenberg: 25% – 50% of Lyell Wealth Management Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Wsgr 401(k) And Profit Sharing Plan | Wilson Sonsini Goodrich & Rosati, Pc | 1,984 | $1.0B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 907 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
- • Publication of periodicals or newsletters
- • Educational seminars/workshops
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $1.6B (95% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗