Investment Banking

Cherry Tree and Associates provides investment banking services through its FINRA-licensed broker dealer. Its M&A practice targets successful business leaders and established corporations to creatively build value, and to maximize liquidity opportunities by executing professionally managed transactions. Additionally, our firm raises money for growth companies through institutional private placements, conducts valuations and fairness opinions and performs strategic advisory services that help companies grow and prosper.

Wealth Management

Cherry Tree’s affiliate, Adam Smith Advisors (ASA), provides wealth management services to assist successful business leaders and families in managing their net worth. It also manages 401K retirement plans for growing companies. ASA uses Asset Allocation Strategies and low fee index funds, to implement an Individually Tailored Investment Plan for each client. Adam Smith is a Registered Investment Advisor.


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Are You On-track?

Are You On-track?
I was at a friend’s birthday party the other night, catching up with some people I hadn’t seen in a while. We talked about the usual stuff – family, running, work, etc. Inevitably these days when I talk about work, the conversation includes the fact that pretty much all of my clients are […]

By |April 25th, 2017|Wealth Management|

Value Stocks – Get More for your Money

Value Stocks —Get More for your Money
I really love a sale. When gas is below $2 a gallon, it brightens my day. When I buy last year’s model of anything from an iPhone to a new car, I feel better knowing that I saved money. Many of you can relate to that same joy. What […]

By |April 18th, 2017|Wealth Management|

Lower Trading Fees Benefit Clients

Lower Trading Fees Benefit Clients
It seems that many of the largest brokerage firms are engaged in a price war, and our clients are benefitting by having their investment costs drop. Fees have recently become a hot button issue and are at the forefront of many investors’ minds. In order to keep their existing customers and […]

By |April 11th, 2017|Wealth Management|

Simplicity in Life… and in Life Insurance

Simplicity in Life… and in Life Insurance
My sister Kathleen (also an advisor here at Adam Smith Advisors) has been reading a lot about minimalism. She is learning that cutting out a lot of the clutter in life indeed makes you happier. There is a lot to be said for that, within reason of course. At […]

By |April 4th, 2017|Wealth Management|

“Value” Your Expenses

“Value” Your Expenses 
Paying bills has become such an automated process, I often feel a disconnect between the things I buy and what they truly cost. The time I save from this automation comes at a cost of not necessarily knowing where and how much money I spend each day. In a time with numerous monthly […]

By |March 28th, 2017|Wealth Management|

Stock Market at All-Time Highs

Stock Market at All-Time Highs
U.S. stocks are at or near all-time highs. Have you noticed? Does it make you nervous? Really, it shouldn’t. Do you know that when the stock market is at all-time highs, it is actually more likely to have a positive return over the next 12 months (compared to all other times)? Think […]

By |March 14th, 2017|Wealth Management|

Focus, Grasshopper

Focus, Grasshopper
We all lead busy lives. It’s easy to get caught up in the day-to-day stuff and lose focus on what really matters. One of my jobs as an investment advisor is to bring the focus back to people’s goals. Maybe I need a better term than “goals.” If I start talking about financial planning, […]

By |March 14th, 2017|Wealth Management|

The Million-Dollar Buffet Bet

The Million-Dollar Buffet Bet
Warren Buffet is one of my favorite ambassadors for index funds. He frequently comments on the folly of paying exorbitant fees to hedge funds. I happen to agree with him. Those fees, often as high as 2% per year plus 20% of any profits, turn out to be a great compensation scheme […]

By |March 7th, 2017|Wealth Management|