Peter J. Raimondi

Dakota Wealth Management is the third registered investment advisory firm (RIA) created by acclaimed investment manager and 35-year industry veteran Peter Raimondi. With Dakota Wealth, Peter’s goal is to bring thoughtful counsel, sound judgment, experience and skill to his clients, in 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.

As the founder and guiding force behind his previous company, Banyan Partners, LLC, Peter secured his reputation as a visionary in the wealth management space. Under his leadership, Banyan, founded in 2006, acquired seven RIA firms over a five-year period, building a sophisticated wealth management business 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 recognition of his contribution and impact on the wealth management industry, Peter was named a finalist for the WealthManagement.com 2020 Industry Awards in two categories – CEO of the Year and M&A Leader of the Year – among Individual RIA Firm Leaders.1

Peter credits his father for instilling the critical importance of entrepreneurship, integrity, determination and kindness, all of which remain the foundation of his business and personal philosophy. Peter’s charitable works include medical missions to Peru with co-founder and longtime friend Mike Reed. Working to deliver critical medical care to isolated populations, Pete and Mike found common purpose in serving others.

In addition to his primary role as CEO/CIO of Dakota Wealth Management, Peter is a passionate supporter of fine arts and an avid photographer. He has served on the Board of Trustees of the Boca Raton Museum of Art, the Dreyfoos School of the Arts Foundation, and continues to be a long-time member of Boston University’s Metropolitan College Advisory Board.

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Disclosure: The WealthManagement.com Industry Awards program recognizes outstanding organizations and individuals that support financial advisor success. The Industry Awards program received 625 entries from 221 companies this year, and 155 organizations were selected as finalists in one or more of the 73 qualifying categories. A panel of fifteen judges made up of top names in the industry will determine the WealthManagement.com 2020 Industry Awards Finalists. Winners will then be selected based on quantitative measures of their initiatives—such as scope, scale, adoption and feature set—along with qualitative measures such as innovation, creativity and new methods of delivery. For further information, see https://informaconnect.com/wealthmanagementcom-2020-industry-awards