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Emigrant Partners Takes Minority Stake In Dakota Wealth Management
Tom Burroughes
6 January 2023
, complete their acquisitions. The past year was a relatively difficult time for a wealth sector M&A trend that had been strong before markets tanked in 2022.
Dakota is itself an acquirer of other firms and has integrated seven acquisitions and executed on several advisor tuck-ins since its inception.
Colchester Partners served as Dakota’s exclusive financial advisor.
Emigrant Partners is partnered with 19 firms overseeing about $90 billion in aggregate assets under management and advisement. The business is owned by Emigrant Bank.