Cherry Tree Family Office LLC (Minnetonka)

Name: Cherry Tree Family Office LLC
Address: 4350 Baker Road, Minnetonka, MN, 55343
Telephone: 952-358-6260

Cherry Tree Family Office LLC is a large advisory firm based in Minnetonka. It manages $209.81 million of regulatory assets for 242 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Minnesota and Texas.

Cherry Tree Family Office provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cherry Tree Family Office: assets under management

The assets under management (AUM) of Cherry Tree Family Office LLC is $209.81 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $209.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $867 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cherry Tree Family Office LLC for their services and products based on a percentage of assets under management. 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 Family Office LLC

Anton Joseph Christianson has been acting as President since 1 Jun 2006. Brenda Bouley Sallstrom joined the executive team most recently as the Chief Compliance Officer,Governor,Common Member,Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gordon Fairchild Stofer	President, ceo, governor	1 Jun 2006	Other	1514353
Anton Joseph Christianson	Chairman	1 Jun 2006	Other	1305752
Jane Marie Bortnem	Chief compliance officer, cfo	1 Jun 2006	Other	4451428
Cherry Tree Companies Llc	Member	1 Jun 2006	75% - 100%	41-1945100
Cherry Tree Investments Inc.	Member	1 Jun 2006	25% - 50%	41-1444671
Brenda Bouley Sallstrom	Cio, managing director	1 Jul 2006	Other	1313102
James Allen Sand	Managing director	1 Jul 2006	Other	4002578
Ryan David Steensland	Managing director	1 Jul 2006	Other	2529231
Adam Smith Companies Llc	Member	1 Dec 2007	50% - 75%	41-1839191
Brenda Bouley Sallstrom	Chief compliance officer,governor,common member,principal	1 Dec 2008	25% - 50%	1313102
James Allen Sand	President, secretary,governor,common member,principal	1 Dec 2008	25% - 50%	4002578
Ryan David Steensland	Treasurer,governor,common member,principal	1 Dec 2008	25% - 50%	2529231
Gordon Fairchild Stofer	Preferred member	1 Dec 2008	Other	1514353
Adam Smith Companies Llc	Preferred member	1 Dec 2008	Other	41-1839191

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Gordon Fairchild Stofer	Shareholder	1 Feb 1983	50% - 75%	1514353
Adam Smith Companies Llc	Shareholder	1 Mar 1997	50% - 75%	41-1839191
Anton Joseph Christianson	Member	1 Mar 1997	75% - 100%	1305752
Adam Smith Companies Llc	Member	1 Jul 1999	50% - 75%	41-1839191
Gordon Fairchild Stofer	Member	1 Jul 1999	50% - 75%	1514353

Based in Minnetonka

The principal office where Cherry Tree Family Office LLC performs its advisory services is located at 4350 Baker Road, Minnetonka, MN 55343, 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 952-358-6260 or by fax 952-358-6299. The normal business hours are 8:30 - 4:30 on Monday - Friday. You can find more information about the New York firm at www.cherrytree.com.