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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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|

Rising Interest Rates

Rising Interest Rates
Sometimes I feel like the boy who cried wolf. For years I have been talking about the possibility that interest rates rise from their historic lows. Every time it looks like we are seeing interest rates tick up, they reverse course (often hitting new all-time lows). We have entered another period where there’s […]

By |February 6th, 2018|Wealth Management|

Keep Selling Your Company Stock

Keep Selling Your Company Stock
This is a public service announcement to all executives of public companies. Keep selling your company stock! It’s common for management at these companies to receive part of their compensation in shares of restricted stock (or stock options). From the company’s standpoint this is a way to tie the employee’s financial […]

By |January 30th, 2018|Wealth Management|

Perfect is the Enemy of the Good

Perfect is the Enemy of the Good
My wife and I have an odd decorative style. If you walk around our house, you will see entire rooms without anything hung. Sometimes there are paintings or a mirror leaning against the wall. My wife won’t let me hang them because she hasn’t made up her mind on […]

By |January 23rd, 2018|Wealth Management|

Timing Strategies…

Timing Strategies…
Dow 25,000 seems to have stirred a lot of questions about timing strategies. Usually the conversation starts something like, “I know you guys normally do buy-and-hold, but wouldn’t I be better off getting out of US stocks now?” Believe me. I see the appeal to timing the stock market. It would be great to […]

By |January 16th, 2018|Wealth Management|

When should you Consolidate Debts?

When should you Consolidate Debts?
It’s common today for successful young people to have multiple student loans, a car loan, and a mortgage to balance as they learn to budget and try to save for retirement. It’s often a good idea to see if consolidating any of them can help reduce your interest rates. You might […]

By |January 9th, 2018|Wealth Management|