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 Protect Your Portfolio from the Next Crisis

How to Protect Your Portfolio from the Next Crisis
Okay, now I’m officially guilty of using a title as clickbait. If you are looking for me to tell you what will cause the next financial crisis and exactly how to position your portfolio to thrive in that environment, you should stop reading now. I can’t predict […]

By |October 2nd, 2018|Wealth Management|

Election Reminder

Election Reminder
The midterm elections are just around the corner. Both sides will try to convince us that the world will come to an end if the other side takes control of the House of Representatives (“the House”). It is common (but WRONG) to infer that if your party loses any given election, that the economy […]

By |September 25th, 2018|Wealth Management|

Selling Fossil Fuels Before They Are Worthless

Selling Fossil Fuels Before They Are Worthless
We have seen large foundations and endowments work to divest from fossil fuel companies over the past few years. That has been done because decision makers worry that such companies are ruining the planet. Is there also an investment case to be made for making such moves? Possibly.

Let’s fast […]

By |September 18th, 2018|Wealth Management|

Other ways to save for retirement

Other ways to save for retirement
Let’s do some quick word association. Say the first word that comes to mind.

Retirement savings…

Did you say 401k? It’s hard to hear your response through the blog…so I’ll assume I’m right.

Most people do think of the 401k as the only place they save for retirement. That can make saving 10%-15% for […]

By |September 11th, 2018|Wealth Management|

New Trend, Old Problem

New Trend, Old Problem
The average investor loves stocks like Tesla (TSLA). It’s a really cool company. The technology behind their electric vehicles (and batteries) is amazing. It’s changing the automotive landscape. The sky is the limit for what this company can do.

Of course, there is the risk that Tesla doesn’t remain the dominant player in […]

By |September 4th, 2018|Wealth Management|

The Important Things in Life

The Important Things in Life
I have been so blessed in life. That’s not to say everything has come easy. My wife and I have been trying to adopt a baby for the past 3.5 years. There have been many ups and downs, but we made it. I’m happy to say that Raelyn Rose O’Connor was […]

By |August 28th, 2018|Wealth Management|

Securities Loan Trap

Securities Loan Trap
The financial services industry has a history of designing ways to tie up your money for years. Variable annuities are a classic example. Once you buy one, there are huge surrender fees for up to a decade. It doesn’t matter if the investment performance is horrible. You’re stuck.

Most people don’t realize that the […]

By |August 2nd, 2018|Wealth Management|

U.S. Multinational Companies are not International Stocks

U.S. Multinational Companies are not International Stocks
My brother and I had a debate the other day about whether or not he needed true international stocks in his portfolio. He read a book whose author suggested that holding U.S. multinational companies offered enough diversification and less risk. I am a big supporter of international stocks and […]

By |July 31st, 2018|Wealth Management|

Happy Anniversary Equifax Breach

Happy Anniversary Equifax Breach
Luke Bryan says, “I believe the days go slow and years go fast.” I think he’s right. Can you believe it’s already been a year since Equifax exposed millions of people’s personal information in a massive data breach (myself included)? That’s an important milestone because data like that doesn’t get used by […]

By |July 17th, 2018|Wealth Management|

Worried about Healthcare Costs in Retirement?

Worried about Healthcare Costs in Retirement?

My coworkers know that I just radically changed my diet over the past month. I went from being the guy in the office who would eat three pieces of birthday cake when it was sitting in the kitchen to a strict diet of food that’s actually good for you (meat, […]

By |July 10th, 2018|Wealth Management|