Dakota Wealth Acquires Ledge Wealth

INVESTMENT MANAGEMENT DEALS BLOG

February 5, 2024

On January 3, 2024, Dakota Wealth Management announced that it had acquired Ledge Wealth Management, Inc.

Dakota Wealth Management (“Dakota”) announced on January 3, 2024, that it acquired Ledge Wealth Management, Inc. (“Ledge”). Kurt Durrwachter, Founder and CEO, Gina K. Bartell, COO and Partner, and six associates joined Dakota. Alaris Acquisitions served as the advisor on this transaction. Further terms of the transaction were not disclosed.

Dakota, headquartered in Palm Beach Gardens, Florida, is an investment management firm offering estate planning and tax planning services to high-net-worth individuals, families, and institutions. As of January 2024, Dakota had $4.9 billion in assets under management.

Ledge, based in Sartell, Minnesota, is a registered investment advisory firm providing investment advice and legacy planning for high net individuals, families, and business owners. As of March 2023, Ledge had $350.9 million assets under management.

To read the press release: please click here.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.