Cherry Tree Investments Inc (Minnetonka)


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.

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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. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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.