Cherry Tree Wealth Management, LLC
Firm details
- Headquarters
- Minnetonka, Minnesota
- CRD number
- 151406
- Registered since
- September 3, 2009
- Website
- cherrytreewealth.com
- Custodians
- CHARLES SCHWAB & CO., INC., NATIONAL FINANCIAL SERVICES LLC
- Fee structure
- Percentage of AUM
- Client types
- Individuals54.91%
- HNWI39.28%
- Pension & Profit Sharing Plans4.49%
- Charitable Organizations1.01%
- State / Municipal Government0.31%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Cherry Tree Wealth Management, LLC is an independent registered investment adviser formed in 2009 and organized as an LLC. The firm serves both individual/family and institutional clients and is compensated primarily as a percentage of assets under management. Its advisory scope includes comprehensive financial planning, discretionary portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selection of other advisers. The firm also operates as an insurance broker and is identified as a capital allocator that uses external managers for certain allocations. Cherry Tree does not position itself as an ESG investor.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities61%
- Investment Grade Corp Bonds29%
- Cash & Cash Equivalents7%
- US Government Bonds2%
- State & Local Bonds1%
Owners & executives
2 of 2
John O'connor
Chief Investment OfficerCRD 5067036
Jane Bortnem
Partner, CFO and COOCRD 4451428
Contacts
3 of 10
Conner Kolodge
Investment AdvisorCRD 5873489
Kevin O'connor
Emeritus Wealth StrategistCRD 4447466
Eric Annett
Investment Advisor AssociateCRD 6317284
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 386Active vs passive
$576M in ETFs
79%
$455M
16%
$121M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| STATE STREET(R) SPDR(R) PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF (SPIB) | State Street | Passive | Corporate Bond | $22.1M | 661,145 | 3.84% |
Location
Minnetonka, MN
Hennepin
Location
Minnetonka, MN
Headquartered in Minnetonka, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.
- Metro area
- Minneapolis-St. Paul, MN-WI
- Region
- Midwest
- County
- Hennepin
- Address
- 301 Carlson Pkwy
- Time zone
- CT (UTC-6)
- Office locations
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