On November 4, 2025, Dakota Wealth Management, backed by Seward & Kissel client Emigrant Partners, announced its acquisition of Lokken Investment Group.
Dakota Wealth Management (“Dakota”) announced, on November 4, 2025, that it acquired Lokken Investment Group (“Lokken”) in a deal that closed on October 31, 2025. Under the terms of the transaction, Lokken’s employees will receive an equity stake in Dakota. Further terms of the deal were not disclosed.
Dakota, based in Palm Beach Gardens, Florida, is a registered investment advisor, backed by Seward & Kissel client Emigrant Partners, investing in registered investment advisors. Dakota offers investment management, financial planning, trust and estate planning, and tax services. Following the transaction, Dakota will have approximately $7.3 billion in assets under management.
Lokken, based in Lewes, Delaware, is a registered investment advisor offering wealth management, financial planning, and investment management services. Lokken has approximately $455 million in client assets.
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