Cherry Tree Investments Inc (Minnetonka)

Name: Cherry Tree Investments Inc
Address: 301 Carlson Parkway, Minnetonka, MN, 55305
Telephone: 952-893-9012

Cherry Tree Investments Inc is a large advisory firm based in Minnetonka. It manages $267.73 million of regulatory assets for 165 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Minnesota and Texas.

Cherry Tree Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cherry Tree Investments: assets under management

The assets under management (AUM) of Cherry Tree Investments Inc is $267.73 million. The firm's AUM has grown by 509% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $264.92 million in discretionary accounts and $2.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.62 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.81 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cherry Tree Investments Inc for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Cherry Tree Investments Inc

Gordon Fairchild Stofer has been acting as President since 1 Oct 1980. Jane Marie Bortnem joined the executive team most recently as the Chief Compliance Officer, Vp Finance.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gordon Fairchild Stofer	President	1 Oct 1980	50% - 75%	1514353
Anton Joseph Christianson	Chairman	1 Oct 1980	50% - 75%	1305752
Llc Adam Smith Companies	Owner	1 Oct 1980	50% - 75%	41-1839191
Wayne Halleen Atkins	Chief operating officer	1 Aug 2002	Other	4279843
Jane Marie Bortnem	Chief compliance officer, vp finance	1 Jan 2005	Other	4451428

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Anton Joseph Christianson	Chairman and member	1 Mar 1997	75% - 100%	1305752

Based in Minnetonka

The principal office where Cherry Tree Investments Inc performs its advisory services is located at 301 Carlson Parkway, Minnetonka, MN 55305, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-893-9012 or by fax 952-893-9036. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at cherrytree.com.