Tree City Investments, Inc.

Tree City Investments is a small, two-advisor registered investment adviser that provides ongoing asset management and portfolio management services to individual investors — including high-net-worth clients — and qualified plans through Fidelity’s institutional program. The firm offers continuous advice and implementation of investment strategies and collects percentage-of-assets fees, with account reviews at least annually.

Tree City describes a multi-disciplinary investment process using fundamental, technical and cyclical analysis and employs a range of strategies from long-term holdings to active trading, including short sales, margin and option writing. Although its advisory agreement permits discretionary authority, the firm reports that, as of December 31, 2025, roughly $49.13 million of client assets are managed on a non-discretionary basis and it currently has no discretionary portfolios.

Compared with peers, Tree City’s persistent focus on non-discretionary management across nearly all of its reported AUM is uncommon for supported firms, and its documented use of short sales, margin and option strategies is notable for a firm of its size. The advisory representatives are dually registered with a broker/dealer and use Triad/Fidelity institutional platforms for custody, trade execution and operational support, and the brochure discloses receipt of trail (12b-1) fees and other broker-provided services.