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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Business Ethics

Business Ethics
A certain large retail bank in my area is making national headlines again for allegedly cheating its customers out of their money – this time signing them up for car insurance they both didn’t need and didn’t know they had. My loyalty, as a banking customer since 1989, is being quickly eroded. As Warren […]

By |August 15th, 2017|Wealth Management|

Deferred Compensation Plans

Deferred Compensation Plans
I like to think of Deferred Compensation Plans like your 401k plan on steroids. Don’t get too excited. Steroids are illegal in this country without a doctor’s prescription. You need to be careful how you use them, just like your deferred comp. plan.

Deferred Comp. plans come in many shapes and sizes. The basic […]

By |August 8th, 2017|Wealth Management|

Don’t Stock Pick, Trade Currencies, or Market Time…Don’t Do it!

Don’t Stock Pick, Trade Currencies, or Market Time…Don’t Do it!
What do stock picking, currency trading, and market timing all have in common? You can make a lot of money at them. Wait, you weren’t expecting me to say that. Let me continue. You can make a lot of money at them only if other people […]

By |August 1st, 2017|Wealth Management|

How to Fix the 401k…or Your 401k Anyway

How to Fix the 401k…or Your 401k Anyway
401k plans are such a good idea in theory. I guess that’s not saying much. A lot of things are good in theory.

We (the government, the investment industry, lawyers) have created a 401k system where we put people in charge of their own retirement, but we don’t give […]

By |July 11th, 2017|Wealth Management|

Generosity Multiplied – Make the Most of your Charitable Giving

Generosity Multiplied–Make the Most of your Charitable Giving

Legal Disclaimer: These posts do not constitute an offer or recommendation to buy or sell any securities or instruments or to participate in any particular investment or trading strategy. They are for informational purposes only. ASA gathers its data from sources it considers reliable. However, ASA makes no express […]

By |July 11th, 2017|Wealth Management|

Bitcoin – A Gamble at Best

Bitcoin – A Gamble at Best
Bitcoin first appeared on my radar screen a little over four years ago. A friend of my brother-in-law asked me about it when he heard I was an investment advisor. At the time I knew nothing about it, and had to go home to research it. It didn’t take long […]

By |July 11th, 2017|Wealth Management|

Your Long-Term Care Plan

Your Long-Term Care Plan
I hope you enjoyed the fireworks on Tuesday, celebrating our country’s independence. Achieving financial independence (the ability to retire and not have to worry about money) is also worth celebrating. It takes a lot of saving and a good investment plan. Maintaining financial independence also requires hard work. You need to think […]

By |July 6th, 2017|Wealth Management|

Social Security Isn’t Going Away

Social Security Isn’t Going Away
We all know that Social Security is a disaster, right? By the time I graduated from college (Loras College class of 2004 – Go Duhawks!), I heard enough stories to “know” that Social Security wasn’t going to be around by the time I retired. It was in rough financial shape. There […]

By |June 27th, 2017|Wealth Management|

How to Avoid the Next Ponzi Scheme

How to Avoid the Next Ponzi Scheme

What would you do if someone told you they could get you 70% to 120% annual returns on your investment? Here’s what you should do. RUN AWAY!
I just finished reading another sad story about Minnesota investors who allegedly lost all their money to a fraudulent investment advisor. After Bernie […]

By |June 20th, 2017|Wealth Management|

Success(ion Plan)

Success(ion Plan)
As we approach Father’s Day, I would like to thank my dad for the guidance and support he gave me as I became an investment advisor. I joined my dad in this business ten years ago. Instead of learning sales techniques, I was schooled in investment theory, financial planning, and really helping people meet their […]

By |June 13th, 2017|Wealth Management|