Cherry Tree Wealth Management, Llc
- Regulatory AUM
- $673M
- Discretionary
- $643M
- Clients
- 334
- Avg AUM / client
- $2.0M
- Accounts
- 1,101
- Employees
- 12
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 266 | $370M | 54.9% |
| High net worth individuals | 27 | $265M | 39.3% |
| Pension and profit sharing plans | 7 | $30.3M | 4.49% |
| Charitable organizations | 33 | $6.8M | 1.01% |
| State or municipal government entities | 1 | $2.1M | 0.31% |
People (12)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Anton Joseph Christianson | Chairman | Mar 1997 (29y) | ≈ 56.25% – 100% via Adam Smith Companies, Llc | |
| Bortnem, Jane, Marie | Chief Financial Officer, Treasurer, Secretary & Chief Compliance Officer | Jul 2009 (17y) | Less than 5% | |
| Stofer, Gordon, Fairchild | Non Managing Member | Jul 2009 (17y) | 5% – 10% | |
| Keith Norman Tufte | Investment Advisor And President | CFA | Aug 2009 (17y) | Less than 5% |
| John Charles O'connor | Chief Investment Officer And Investment Advisor | CFP CFA | Dec 2013 (13y) | Less than 5% |
| Conner Gregory Kolodge | Investment Advisor | CFP Personal Financial Specialist | Jun 2017 (9y) | Less than 5% |
| O'connor, Kevin, James | Emeritus Wealth Strategist | Jan 2020 (7y) | Less than 5% | |
| Chelsea Katherine Doris Tufte | Registered representative | CFP | Apr 2015 (11y) | |
| Justin Nicholas Frys | Registered representative | Aug 2019 (7y) | ||
| Jared Robert Konen | Registered representative | CFP | Feb 2022 (5y) | |
| Eric William Annett | Registered representative | Feb 2024 (2y) | ||
| Robert Christianson | Registered representative | Jun 2024 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Adam Smith Companies, Llc | Managing Member | Jul 2009 | A | 75% or more |
Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Anton Joseph Christianson: 75% – 100% of Adam Smith Companies, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 988 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- Charles Schwab & Co. $435M (65% of AUM) Mar 2026
- National Financial Services (Fidelity) $196M (29% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗