Cherry Tree Wealth Management has acquired Trusted Financial Partners
Press Release: February 5, 2018.
Cherry Tree Wealth Management, LLC (formerly Adam Smith Advisors, LLC,) a Minneapolis based investment firm, has acquired Trusted Financial Partners of St. Paul, LLC (TFP). The acquisition closed November 30, 2017, and is the latest RIA wealth management acquisition for Adam Smith Advisors, LLC. “We are pleased to continue to grow our firm organically and through acquisitions, so we can provide wealth management services to more and more families and businesses in the Midwest. We continue to seek acquisitions like TFP where we can strengthen our team of advisors, grow our company, and provide a succession plan for other advisors.” – Keith Tufte, President of Adam Smith Advisors. “I am happy to have found such a strong firm with a similar investment and customer service philosophy as my own. I am confident that my clients will be very well taken care of with the team at Adam Smith Advisors going forward” says TFP owner Ryan Terry.
Cherry Tree Wealth Management, LLC (CTW). CTW is an independent, fee-based registered investment advisory (RIA) wealth management firm serving families and small businesses (401K plans). The firm has completed a number of acquisitions and has grown rapidly over the past seven years. The company is well known for excellent customer service, using low cost index-based funds, and for its “one-page” financial planning model. Three of ASA’s advisors were named Five Star Wealth Managers by Twin Cities Business Magazine for 2016, 2017, and 2018.
Keith Tufte, CFA, MBA,
President, Investment Advisor
Cherry Tree Wealth Management
952 253-6006 Direct
952 465-1785 Cell
“Independent, Objective, Experienced Advice”