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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Spending Your Money in Retirement

Spending Your Money in Retirement
Retirement comes with a lot of adjustments. You need to find a new routine. You need to find something meaningful to do with your time. You also need to get comfortable withdrawing money from your portfolio.

I imagine that learning to spend from your 401k/IRA is a little like the first time […]

By |June 12th, 2018|Wealth Management|

Confirmation Bias

Confirmation Bias
A few years ago I took a Clifton StrengthsFinder course at my church. The program is really neat (and isn’t just for churches). The idea is to take a personality test to find out what your biggest strengths are. Then you focus on using your strengths to be the best person you can be.

Of […]

By |June 4th, 2018|Wealth Management|

Teaching Generation Z about Money

Teaching Generation Z about Money
One of the fun parts about my job is getting clients’ children off to a good financial start. A few times a year, I sit down with someone in their late teens or early twenties to teach them the basics. Since I can’t possibly do this for all my non-client friends’ […]

By |May 29th, 2018|Wealth Management|

Pay for a CPA

Pay for a CPA
With most things in life, you get what you pay for. I see this year after year in my clients’ tax prep. The clients who try to find the absolute lowest bidder usually end up with errors. Thankfully some are caught before they are filed, but it still means extra work. Let […]

By |May 22nd, 2018|Wealth Management|

Working on Commission

Working on Commission
Buyer beware. After years of hoping that we could get all investment advisors (including brokers) over to a fiduciary rule, it seems apparent that the brokerage industry will once again lobby hard enough that their salespeople won’t be required to act in their customer’s best interest. Brokers may eventually have to disclose fees, […]

By |May 15th, 2018|Wealth Management|

Price/Earnings Ratio – What’s it good for?

Price/Earnings Ratio – What’s it good for?
I mentioned to a friend the other day that the price of gas was going up. His reply was sort of funny to me. He said he didn’t pay much attention to the price of gas. He just fills up his tank. As someone who loves numbers way too […]

By |May 8th, 2018|Wealth Management|

“Forget You!” Money

“Forget You!” Money
I hesitate to give out universal advice, but I have a concept for you today that applies to just about everyone who is still working. Let’s talk about building up some “Forget You!” Money. Okay, this topic was originally explained to me using a different F word, but we’ll keep it clean.

Regardless of […]

By |May 1st, 2018|Wealth Management|

Cognitive Decline

Cognitive Decline
Getting old isn’t for the faint of heart. Not only is there physical decline – you can’t do the same activities that you used to be able to do – but mental decline is also inevitable. Eventually it will take all of us longer to do the same mental tasks we used to do […]

By |April 24th, 2018|Wealth Management|

Confession from my Youth

Confession from my Youth
I wasn’t always as responsible with money as I am today. Let me take you back to 2006. I was a single 24-year old and making okay money for the first time in my life. Investing was still new to me, which might seem odd for someone in the financial services industry. […]

By |April 17th, 2018|Wealth Management|

There’s a lot to like about Small Companies

There’s a lot to like about Small Companies
I’m a small company guy. I like to work at a place where I have the flexibility to get my work done and go home. I enjoy the Cherry Tree company bake-off, complete with prizes and a trophy. I have fond memories of the holiday party spent curling […]

By |April 10th, 2018|Wealth Management|