Dakota Wealth, LLC
Firm details
- Headquarters
- Palm Beach Gardens, Florida
- CRD number
- 297987
- Registered since
- October 8, 2018
- Website
- www.dakotawm.com
- Custodians
- CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC, PERSHING LLC
- Fee structure
- Percentage of AUM, Fixed Fees
- Client types
- HNWI67.09%
- Individuals27.82%
- Pension & Profit Sharing Plans4.28%
- Charitable Organizations0.75%
- Corporations / Businesses0.05%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Dakota Wealth, LLC is an independent, SEC-registered investment adviser that operates as a capital allocator to both individuals/families and institutional clients. Founded and registered in 2018, the firm provides financial planning, portfolio management for individuals and pooled vehicles, pension consulting, and selection of other advisers. Its fee model combines percentage-of-AUM and fixed-fee arrangements. Dakota Wealth does not position itself as an ESG-focused manager. The firm has received external recognition, appearing on Forbes’ America’s Top RIA Firms list in 2023 and Citywire’s 50 Growers Across America in 2025. Dakota Wealth also performs sponsor and GP roles and serves as a managing member of pooled investment vehicles, indicating an ability to launch or operate private funds in addition to directing client allocations to outside managers.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities75%
- Public Funds/Mutual Funds12%
- Cash & Cash Equivalents6%
- Investment Grade Corp Bonds3%
- US Government Bonds2%
Owners & executives
3 of 6
Leslie Arsenault Metz
COO and General CounselCRD 7631002
Peter Raimondi
Chief Executive Officer & FounderCRD 1264256
Timothy Melly
Chief Investment Officer, PrincipalCRD 4976825
Contacts
3 of 58
Sean Merlonghi
Principal, Senior Wealth AdvisorCRD 6146825
Evan Hine
Financial AdvisorCRD 7287401
Jessica Elscheid
Managing DirectorCRD 5562122
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 320Active vs passive
$3.4B in ETFs
91%
$3.1B
5%
$297M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | BlackRock | Passive | Large Blend | $202M | 270,046 | 5.93% |
Location
Palm Beach Gardens, FL
Palm Beach
Location
Palm Beach Gardens, FL
Headquartered in Palm Beach Gardens, FL, anchoring the Miami-Port St. Lucie-Fort Lauderdale, FL metro in the South.
- Metro area
- Miami-Port St. Lucie-Fort Lauderdale, FL
- Region
- South
- County
- Palm Beach
- Address
- 11376 N Jog Rd
- Time zone
- ET (UTC-5)
- Office locations
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