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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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|

Backdoor Roth IRA Basics

Backdoor Roth IRA Basics
Back doors have a bit of a bad reputation. Don’t let that cloud your opinion of a backdoor Roth IRA contribution.

First, an aside on back doors…most of us think of them as a way to slip out of a place unnoticed. They can also be used to sneak into a place. There […]

By |April 3rd, 2018|Wealth Management|

The Bond Fund is not the Problem

The Bond Fund is not the Problem
From time to time, I hear from clients who are concerned about holding a bond fund. They have heard stories about a bond fund that imploded. First, let me tell you that’s very rare. It happens, but not often. More importantly, it’s not the nature of a bond fund […]

By |March 19th, 2018|Wealth Management|

Revisit the Qualified Charitable Distribution

Revisit the Qualified Charitable Distribution
Charitably inclined Americans are lamenting the new tax bill. That’s because most of them will no longer get a tax break from giving to charity. For the detail oriented, it’s not that the charitable deduction went away. But the much higher standard deduction means less people will be itemizing their deductions.

Fear […]

By |March 19th, 2018|Wealth Management|

Important Documents to Keep

Important Documents to Keep
It’s tax season. That means you’re gathering W-2s, 1099s, documentation of charitable gifts, and other forms to give to your accountant (or enter into Turbo Tax yourself). Of course you retain a copy in case the IRS has questions on your return, right? Well, you should for at least three years. If […]

By |March 13th, 2018|Wealth Management|

Mind Your Withholding

Mind Your Withholding
Citing the new tax bill passed last December, payroll departments have implemented new IRS withholding tables in order to attempt to match the average individual’s estimated tax liability for the calendar year 2018. In fact, if you are mindful of your personal cash inflows and outflows, you may have noticed an increase in […]

By |March 6th, 2018|Wealth Management|

How Did That Feel?

How Did That Feel?
Congratulations! You just survived the first 10% drop the U.S. stock market has seen in years. How did it feel? If you didn’t notice or found yourself thinking “I wish I had some cash to buy more stocks while they are on sale,” you can stop reading now. That’s how it’s supposed […]

By |February 27th, 2018|Wealth Management|

Dream Crusher

Dream Crusher
We have a nickname for Keith around the office. He is unofficially “dream crusher.” I think a client called him that once. This affectionate title underscores an important (and difficult) part of our jobs. It’s hard to tell someone that they are dreaming a little too big, but it needs to be done. You […]

By |February 20th, 2018|Wealth Management|

Don’t Sweat the Small Stuff

Don’t Sweat the Small Stuff
It might surprise you to learn that I’m an anger management graduate. No joke. While I was never physically abusive, I could be a really critical jerk to those closest to me. And that’s no better. One exercise I went through was listing all the things that made me angry or […]

By |February 13th, 2018|Wealth Management|