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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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|

IRA Withdrawals – Something to Look Forward To

IRA Withdrawals – Something to Look Forward To
The U.S. government wants to help you save for retirement. That’s why it created 401k plans and IRA accounts for tax-deferred retirement savings. You can save money in these accounts, receive a tax deduction on those contributions, and not pay any taxes on the gains until you spend […]

By |June 6th, 2017|Wealth Management|

Indexing Bubble? Don’t Run and Hide

Indexing Bubble? Don’t Run and Hide
There is a familiar tale these days among old school money managers. They say the rise of index investing is causing a bubble in the stock market because people are just blindly buying everything. It is making prices of stocks rise artificially high, and spells impending doom for the stock […]

By |May 30th, 2017|Wealth Management|

Politics and Portfolios Don’t Mix

Politics and Portfolios Don’t Mix
Are you tired of the political drama that invades our daily lives? If so, I have good news. As far as your portfolio is concerned, it doesn’t matter. Most of the political news is short-term noise. The parts that aren’t short-term noise are still unpredictable and out of your control.

It may […]

By |May 23rd, 2017|Wealth Management|

Lower Your Tax Bill Through Tax Location

Lower Your Tax Bill Through Tax Location
If a tree falls in the woods and nobody is there to hear it, does it make a sound? I say yes. If your portfolio return stays the same, but you have more money left after taxes, do you have a better return? Yes, but you may not recognize […]

By |May 16th, 2017|Wealth Management|

Interest Rates are Going Up.. Is That Good?

Interest Rates are Going Up…Is That Good?Pop quiz. Interest rates are going up. Is that good? Yes, as a matter of fact, it is good. First of all, it’s healthy for the economy. From early 2009 to late 2015, the Federal Reserve (the Fed) set interest rates at low levels that should be reserved for […]

By |May 9th, 2017|Wealth Management|

The Minimalist Lifestyle

The Minimalist Lifestyle
A recent blog post by my brother John O’Connor, also an advisor at Adam Smith Advisors, mentioned my interest and study of minimalism.  I am happy to share my overview of minimalism with you.

Minimalism is living with meaning each day. It is being grateful for what you have today, knowing what you need, […]

By |May 2nd, 2017|Wealth Management|

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|