Case Study: Dakota Wealth Management achieves scalable, M&A-ready growth and operational efficiency with Envestnet | Tamarac

How a firm’s aggressive M&A strategy led to an innovative technology solution

Dakota Wealth Management, a multi-office independent advisory firm led by Peter Raimondi, sought a scalable, integration-ready platform to support an aggressive M&A growth strategy and efficient, enterprise‑level operations. After an RFP process, Dakota selected Envestnet | Tamarac—implementing Tamarac Reporting and Tamarac Trading—to provide a custodian‑agnostic portfolio management, reporting and trading foundation that could ingest data from varied legacy platforms and support a high-growth advisor model.

In June 2019 Dakota worked with Envestnet | Tamarac’s onboarding team to deploy Tamarac Reporting® and Tamarac Trading®, with firmwide billing planned for January and full operational rollout targeted for Q1 2020. The solution delivered intuitive integration, seamless data transfers, and overwhelmingly positive feedback from clients and advisors, freeing staff time for client-facing work and enabling Dakota to scale acquisitions and operations more efficiently.

Dakota Wealth Management

Michael Reed

Chief Operating Officer