Dakota Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, and selecting other managers. Financial planning was provided to 26–50 clients last fiscal year. The firm advises 1 private fund.
Dakota Wealth reports 3,764 clients. They include 2,441 individual clients, 1,287 high-net-worth individuals, and 14 pension and profit-sharing plans. Of its assets, 99.9% ($6.93B across 11,148 accounts) are managed with discretion; $8.68M across 13 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 28% |
| High-net-worth individuals | 34% | 67% |
| Pooled investment vehicles | <1% | <1% |
| Pension and profit-sharing plans | <1% | 4% |
| Charitable organizations | <1% | <1% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,441 | $1.93B | 27.8% | $791K |
| High-net-worth individuals | 1,287 | $4.66B | 67.1% | $3.62M |
| Pooled investment vehicles | 1 | $465K | 0.0% | $465K |
| Pension and profit-sharing plans | 14 | $297M | 4.3% | $21.2M |
| Charitable organizations | 12 | $52M | 0.7% | $4.33M |
| Corporations and other businesses | 9 | $3.72M | 0.1% | $414K |
| Total | 3,764 | $6.94B | 100% | $1.84M |
- Clients
- 2,441
- Regulatory AUM
- $1.93B
- AUM share
- 27.8%
- Avg. per client
- $791K
- Clients
- 1,287
- Regulatory AUM
- $4.66B
- AUM share
- 67.1%
- Avg. per client
- $3.62M
- Clients
- 1
- Regulatory AUM
- $465K
- AUM share
- 0.0%
- Avg. per client
- $465K
- Clients
- 14
- Regulatory AUM
- $297M
- AUM share
- 4.3%
- Avg. per client
- $21.2M
- Clients
- 12
- Regulatory AUM
- $52M
- AUM share
- 0.7%
- Avg. per client
- $4.33M
- Clients
- 9
- Regulatory AUM
- $3.72M
- AUM share
- 0.1%
- Avg. per client
- $414K
Total
- Clients
- 3,764
- Regulatory AUM
- $6.94B
- AUM share
- 100%
- Avg. per client
- $1.84M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 26–50
Dakota Wealth charges up to 2.00% a year for its Wealth Management and Investment Management Services. The fee is billed in advance or in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Stand-alone financial planning for a fixed fee, typically $5,000 to $25,000 per engagement; up to 50% may be invoiced on signing.
- Investment Consulting Services
- Fixed fee ranging from $1,000 to $15,000 for consulting outside investment management, which may be negotiable.
- Retirement Plan Advisory Services
- Annual asset-based fee ranging from 0.25% to 1.00%, billed quarterly in advance and possibly negotiable.
Dakota Wealth Management, LLC owns 75% or more of Dakota Wealth. Peter Raimondi is CEO; the leadership team includes President Bryan Keller, Chief Investment Officer Timothy Melly and Chief Operating Officer Leslie Arsenault Metz. It has 91 employees, 61 of them in advisory roles.
Staff
- 91 employees
- 61 in advisory functions
- 52 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Dakota Wealth, LLC
Dakota Wealth Management, LLC
Control person · since May 2018
Dakota Wealth’s regulatory assets grew 4.9× from $1.42B (July 2021) to $6.94B (August 2026); clients rose from 1,023 to 3,764 and employees from 31 to 91. Between 2019 and 2025, 9 advisory firms joined it. The largest by last filed assets were Stillwater Investment Management ($535M, September 2023) and Pineno Levin & Ford Asset Management ($371M, February 2022). The most recent was Lindenwold Advisors, in December 2025.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $6.94B | 3,764 | 91 | 22 |
| Jun 2025June 2025 | $6.34B | 3,152 | 78 | 20 |
| Jun 2024June 2024 | $5.33B | 3,052 | 84 | 22 |
| Jul 2023July 2023 | $2.55B | 1,746 | 57 | 18 |
| Jul 2022July 2022 | $1.95B | 1,132 | 56 | 16 |
| Jul 2021July 2021 | $1.42B | 1,023 | 31 | 14 |
Firms that joined
20252 joined
- Lindenwold AdvisorsLast filed AUM $279M
- Dakore Wealth ManagementLast filed AUM $76.6M
20233 joined
- Ledge Wealth Management (Ledge Wealth)Last filed AUM $351M
- Stillwater Investment ManagementLast filed AUM $535M
- Jonathan D. PondLast filed AUM $346M
20222 joined
- Loveless Wealth ManagementLast filed AUM $206M
- Pineno Levin & Ford Asset ManagementLast filed AUM $371M
20211 joined
- Persimmon Capital ManagementLast filed AUM $263M
20191 joined
- Springside PartnersNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Dakota Wealth has 21 offices (5 private residences, listed without an address), with 17 listed addresses across 11 states.
Florida · 3 listed addresses
- 11376 N. Jog Road, Suite 101, Palm Beach GardensHQ
- 2400 E. Commercial BLVD., Fort Lauderdale
- 2840 South Ocean BLVD, Palm Beach
Pennsylvania · 3 listed addresses
- 5010 Ritter Road, Mechanicsburg
- 461 N. 3rd Street, Philadelphia
- 505 Penn Street, Reading
Massachusetts · 2 listed addresses
- One Gateway Center, 300 Washington Street, Newton
- 272 Chauncy Street, Mansfield
Minnesota · 2 listed addresses
- 423 South Main Street, Stillwater
- 2454 8th Avenue S, Sartell
Delaware · 1 listed address
- 1413 Savannah RD, Lewes
Montana · 1 listed address
- 2615 St. Johns Ave, Billings
New Hampshire · 1 listed address
- 100 Arboretum Drive, Portsmouth
New York · 1 listed address
- 432 North Franklin Street, Syracuse
Ohio · 1 listed address
- 275 Springside Drive, Akron
South Carolina · 1 listed address
- 840 William Hilton Parkway, Hilton Head
Virginia · 1 listed address
- 7275 Glen Forest Drive, Richmond
Other business names
Dakota Wealth has reported 1 other business name to the SEC.
- Dakota Wealth Management
Contact and registration details
- Legal name
- Dakota Wealth, LLC
- Headquarters
- 11376 N. Jog Road, Suite 101, Palm Beach Gardens, FL 33418-1752
- Website
- dakotawm.com
- Phone
- 561-774-8101
- @dakota-wealth-management
- SEC file
- 801-114097
- Structure
- Florida LLC
- Fiscal year end
- December
Dakota Wealth’s named custodians for separately managed accounts are Charles Schwab ($3.48B, 54%), Fidelity ($1.84B, 28%) and Pershing ($1.17B, 18%). Dakota Wealth has custody of $1.93B for 1,695 clients.
- FidelityFidelity Brokerage Services LLC · Boston, MA · $1.84B28%
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $1.17B18%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $3.48B54%
At year end, Dakota Wealth’s separately managed accounts were mostly in stocks (75%) and funds (12%).
What the accounts hold
- Stocks75%
- Funds12%
- Bonds7%
- Investment grade corporate bonds3%
- U.S. government and agency bonds2%
- State and local bonds2%
- Cash6%
How many clients does Dakota Wealth have?
Dakota Wealth has 3,764 clients and manages $6.94 billion for them, as of August 2026. They include 2,441 individual clients, 1,287 high-net-worth individuals, and 14 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 August 2026
What services does Dakota Wealth offer?
Dakota Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Dakota Wealth charge?
Dakota Wealth charges up to 2.00% a year for its Wealth Management and Investment Management Services. The fee is billed in advance or in arrears and is negotiable.
Which custodians does Dakota Wealth use?
Dakota Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $3.48B, Fidelity Brokerage Services LLC (Boston, MA), with $1.84B and Pershing Advisor Solutions LLC (Jersey City, NJ), with $1.17B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 August 2026
How many financial advisors does Dakota Wealth have?
Dakota Wealth has 52 investment adviser representatives registered with state securities authorities, out of 91 employees, and 61 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Dakota Wealth invest in?
At the end of its last fiscal year, Dakota Wealth’s separately managed accounts held 75% exchange-traded equities, 12% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 3% investment grade corporate bonds, 2% U.S. government and agency bonds and 2% state and local bonds. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Dakota Wealth?
Dakota Wealth’s direct owner is Dakota Wealth Management, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 11 August 2026
How does Dakota Wealth get paid?
Dakota Wealth is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Dakota Wealth?
Dakota Wealth’s main office is at 11376 N. Jog Road, Suite 101, Palm Beach Gardens, FL 33418-1752. Its phone number is 561-774-8101. Its website is dakotawm.com.