Peter J. Raimondi

Dakota Wealth Management is the third registered investment advisory firm (RIA) created by acclaimed investment manager and 41-year industry veteran Peter Raimondi. With Dakota Wealth, Peter has brought thoughtful counsel, sound judgment, and experience in all facets of wealth management to the firm and his clients. This approach stands in stark contrast to the automated and algorithmic investment approaches now prevalent in the financial services industry. At Dakota, he has assembled a team of dedicated professionals who balance art with science to build customized portfolios that deliver a sophisticated, personalized wealth management experience. In addition, his deep experience in estate, trust and tax planning adds to the total wealth management service offered to select clients.

As the founder and guiding force behind his previous company, Banyan Partners, LLC, Peter secured his reputation as a visionary in the wealth management industry. Under his leadership, Banyan, founded in 2006, acquired seven RIA firms over a five-year period, building a sophisticated boutique investment management firm with more than $4 billion in client assets under management (AUM). In 2014, Boston Private Bank acquired Banyan in a transaction that made headlines around the financial world. Prior to launching Banyan, Peter founded The Colony Group in Boston in 1986, just three years after graduating Boston University School of Law. He built Colony to over 600 clients and $1 billion in AUM over his 20-year tenure as CEO. Throughout his career, Peter has brought together diverse teams of exceptional professionals, creating a culture of inclusion and dignity in each of his business ventures.

In 2022, Peter was selected to give the Commencement speech at Boston University’s Metropolitan College and has been a long-time member of Boston University’s Metropolitan College Advisory Board.

Peter credits his father for instilling the critical importance of entrepreneurship, determination, empathy, and kindness, all of which remain the foundation of his business and personal philosophy. In addition to his primary role as CEO of Dakota Wealth Management, Peter is a passionate supporter of fine arts and an avid photographer. He has also served on the Board of Trustees of the Boca Raton Museum of Art, the Dreyfoos School of the Arts Foundation.

Back to Team