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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If I have to ask…

If I have to ask…
I went to Wendy’s over lunch today. They have 10-piece nuggets on their 2 for $5 menu. I drove up to the drive-thru and ordered 2 10-piece nuggets. They told me that would be $7.18. Wait a minute, sales tax isn’t that high. I asked, “Aren’t they 2 for $5?” He […]

By |December 3rd, 2019|Wealth Management|

Holiday Season

Holiday Season
The Holiday season is upon us. Next week my family and friends will be gathering for the Walk to End Hunger (check out www.walktoendhunger.org), our favorite way to start Thanksgiving Day. From there it seems like one big party from our Thanksgiving meal to the many Christmas celebrations and finally New Year’s Day! Maybe […]

By |November 19th, 2019|Wealth Management|

You Can Save More Next Year

You Can Save More Next Year
You can save more next year. Okay, okay. You can always save more next year, or at least try to. Being more specific, you can save more in your 401k next year. The IRS increased its contribution limits for 2020. In case you missed it, here are the new limits.

Anyone […]

By |November 12th, 2019|Wealth Management|

Optimizing Wealth ≠ Maximizing Wealth

Optimizing Wealth ≠ Maximizing Wealth
My job as an investment advisor is to help people optimize their wealth. By optimize, I mean helping them use their money efficiently towards what they want to accomplish. This may be giving money to charity, paying down debt, growing their money, or even making sure they can sustain their comfortable […]

By |November 5th, 2019|Wealth Management|

Know your limits

Know your limits
You can save a lot of money by learning to do things yourself. You can also cost yourself a lot of money by trying to do too much yourself. Let’s take your car for instance. You can save some money by changing your own oil. It’s not too complicated and there’s not too […]

By |October 29th, 2019|Wealth Management|

Abundance Mindset

Abundance Mindset
We hit a major milestone in the O’Connor household this month. My daughter learned sign language for “more.” That means she no longer screams when she needs us to put more food on her highchair. What a relief! Next up – teaching her an abundance mindset.

You see if Raelyn has five pieces of cheese […]

By |October 22nd, 2019|Wealth Management|

Private Equity vs. Public Stocks

Private Equity vs. Public Stocks
Did you follow the WeWork drama this fall? The company, a darling for private equity investors, fell flat on its face when it tried to list its stock on the public markets. The path to profitability was questionable, but also there were a number of eyebrow-raising self-dealing transactions involving the founder […]

By |October 15th, 2019|Wealth Management|

FOMO – Okay for dogs, disastrous for investors

FOMO – Okay for dogs, disastrous for investors
Charnelle and I joke that our dog Nala has a bad case of FOMO – Fear Of Missing Out. She always wants to be in the middle of the action. If we are so cruel as to leave her downstairs when we have company, she lets us hear […]

By |October 8th, 2019|Wealth Management|

Advice before you pass away

Advice before you pass away
The worst part of my job as an advisor is hearing that a client passed away. It’s hard to lose a friend. Then there’s the uncertainty for the family left behind. Most people deal with the death of a loved one infrequently, which means they aren’t familiar with everything that needs […]

By |October 1st, 2019|Wealth Management|

Negative Interest Rates

Negative Interest Rates
Would you loan money to someone at negative interest rates? I’m sure your first answer is, “No!” Or perhaps your answer is a question, “What is a negative interest rate?” Let me explain.

There is somewhere between $15 trillion and $17 trillion of bonds globally that bear a negative interest rate today. A ten […]

By |September 24th, 2019|Wealth Management|