DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Dakota Wealth, LLC

Former SEC-registered adviserPalm Beach Gardens, FloridaCRD 141137SEC 801-67012IAPD
Latest filing May 15, 2018
First filing on the tape Feb 10, 2012 · 20 filings
RAUM
$311M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$297M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
11
9 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$311M as of Feb 9, 2018
Feb 10, 2012$675M then
HNW client RAUM: $185M
State-registered IARs (5.B.3)7 as of Feb 9, 2018
Feb 6, 20136 then
Employees (5.A)7 as of Feb 9, 2018
Feb 6, 20136 then
Private funds6 as of Feb 3, 2014
Feb 6, 20135 then
RAUM +45% over the last fiscal year+11% a year over threeIARs 7 to 9
Practice profile
derived from the filing of May 15, 2018; every figure names its basis
RAUM per advisor
$34.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
45derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$748,118derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
2.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+45%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$185M59%
  • Individuals$112M36%
  • Pension and profit-sharing plans$12.4M4.0%
  • Charitable organizations$1.3M0.4%
  • Insurance companies$605,6300.2%
Individual clients
310reported
HNW clients
97reported
Pension plan clients
6reported
Charitable clients
2reported
Accounts
416reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    Every departureEvery arrival
    Teams: two or more advisors moving together within fourteen days, from one state
      Teams outTeams in
      Private funds
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Opp-Vi Business Trustno longer reportedVenture Capital Fund$1.0M12Feb 3, 2014
      Opp-V Business Trustno longer reportedVenture Capital Fund$1.0M12Feb 6, 2013
      Opp-III Business Trustno longer reportedVenture Capital Fund$760,00013Feb 6, 2013
      Opp-I, LPno longer reportedVenture Capital Fund$400,0007Feb 6, 2013
      Opp-IV Business Trustno longer reportedVenture Capital Fund$400,0008Feb 6, 2013
      Opp-II Business Trustno longer reportedVenture Capital Fund$100,00011Feb 6, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • Frederick John Desimone · Chief Financial Officer And Managing Partnercontrol
        since 12/2006 · owns less than 5%
      • Francis Peter Mawn · Chief Strategic Officer And Managing Partnercontrol
        since 05/2018 · owns less than 5%
      • John Peter Raimondi · Chief Executive Officer And Managing Partnercontrol
        since 05/2018 · owns less than 5%
      • Michael Reed · Chief Operating Officer, Chief Compliance Officer And Managing Partnercontrol
        since 05/2018 · owns less than 5%
      • John Peter Raimondi · Managing Partnercontrol
        since 05/2018 · owns 50% to 75% of Dakota Wealth Management, LLC
      Entity owners
      • Dakota Wealth Management, LLC · Managing Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • John F. Desimone
        n
      Offices
      Schedule D 1.F, the 25 largest
      • Peabody, MA8 employees
      • Amesbury, MA1 employees
      • Portsmouth, NH1 employees
      What changed
      consecutive filings, newest first
      • Business name · OAKMONT PARTNERS, LLC to DAKOTA WEALTH, LLC
        May 2, 2018 to May 15, 2018
      • HQ city · PAL BEACH GARDENS to PALM BEACH GARDENS
        May 2, 2018 to May 15, 2018
      • Legal name · OAKMONT PARTNERS, LLC to DAKOTA WEALTH, LLC
        May 2, 2018 to May 15, 2018
      • Succession · true to false
        May 2, 2018 to May 15, 2018
      • Advisory employees · 7 to 9
        Feb 27, 2018 to May 2, 2018
      • Employees · 7 to 11
        Feb 27, 2018 to May 2, 2018
      • HQ city · PEABODY to PAL BEACH GARDENS
        Feb 27, 2018 to May 2, 2018
      • HQ state · MA to FL
        Feb 27, 2018 to May 2, 2018
      • State-registered IARs · 7 to 9
        Feb 27, 2018 to May 2, 2018
      • Other offices · 2 to 3
        Feb 27, 2018 to May 2, 2018
      • Succession · false to true
        Feb 27, 2018 to May 2, 2018
      • Accounts · 420 to 416
        Jun 6, 2017 to Feb 9, 2018
      • Charity clients · unset to 2.0
        Jun 6, 2017 to Feb 9, 2018
      • HNW clients · unset to 97.0
        Jun 6, 2017 to Feb 9, 2018
      • Individual clients · unset to 310.0
        Jun 6, 2017 to Feb 9, 2018
      • Pension plan clients · unset to 6.0
        Jun 6, 2017 to Feb 9, 2018
      • Employees · 8 to 7
        Jun 6, 2017 to Feb 9, 2018
      • Other offices · unset to 2.0
        Jun 6, 2017 to Feb 9, 2018
      • Discretionary RAUM · $274M to $311M
        Jun 6, 2017 to Feb 9, 2018
      • HNW RAUM · unset to 184903800.0
        Jun 6, 2017 to Feb 9, 2018
      • Individual RAUM · unset to 112015074.0
        Jun 6, 2017 to Feb 9, 2018
      • Pension RAUM · unset to 12436612.0
        Jun 6, 2017 to Feb 9, 2018
      • RAUM · $274M to $311M
        Jun 6, 2017 to Feb 9, 2018
      • Accounts · 321 to 420
        Apr 4, 2017 to Jun 6, 2017
      • Discretionary RAUM · $214M to $274M
        Apr 4, 2017 to Jun 6, 2017
      • RAUM · $214M to $274M
        Apr 4, 2017 to Jun 6, 2017
      • HQ city · BOSTON to PEABODY
        Mar 20, 2017 to Apr 4, 2017
      • Accounts · 331 to 321
        Jan 13, 2017 to Mar 20, 2017
      • Employees · 7 to 8
        Jan 13, 2017 to Mar 20, 2017
      • Financial planning clients · 26-50 to 11-25
        Jan 13, 2017 to Mar 20, 2017
      • Discretionary RAUM · $209M to $214M
        Jan 13, 2017 to Mar 20, 2017
      • RAUM · $209M to $214M
        Jan 13, 2017 to Mar 20, 2017
      • Accounts · 888 to 331
        May 18, 2015 to Feb 29, 2016
      • Discretionary RAUM · $228M to $209M
        May 18, 2015 to Feb 29, 2016
      • RAUM · $228M to $209M
        May 18, 2015 to Feb 29, 2016
      • Accounts · 780 to 888
        Jan 6, 2015 to Mar 11, 2015
      • Advisory activities · 3 to 2
        Jan 6, 2015 to Mar 11, 2015
      • Financial planning clients · 51-100 to 26-50
        Jan 6, 2015 to Mar 11, 2015
      • Discretionary RAUM · $220M to $228M
        Jan 6, 2015 to Mar 11, 2015
      • RAUM · $220M to $228M
        Jan 6, 2015 to Mar 11, 2015
      Signals
      1 dated events
      • Oakmont Partners, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
        May 2, 2018 · Succession (Item 4) · fact
      Across DFX
      shared identifiers only, never a name match
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026