Dakota Wealth Management, an independent investment management firm serving high net worth individuals and families, has announced its acquisition of the Lokken Investment Group, an advisory firm based in Lewes, Del. This strategic move aims to ensure seamless continuity and expanded service platform for Lokken Investment Group's clientele. With the addition of their $455 million in managed assets, Dakota's assets under management will be nearly $7.5 billion.
The acquisition honors the legacy of Lokken Investment Group's late founder, Jon Lokken, by integrating his firm's high-touch, client-first philosophy with Dakota Wealth Management's expansive resources, sophisticated technology and bench of wealth management professionals.
Peter Raimondi, the founder and CEO of Dakota, shared his enthusiasm about the acquisition: "The acquisition of Lokken represents a special opportunity for Dakota to continue the legacy of Jon Lokken and partner with the exceptional team of pro
