Dakota Wealth Management Acquires JMG Wealth Management Group
November 1, 2023
Dakota Wealth Management has agreed to acquire JMG Wealth Management Group, an independent advisory firm that manages roughly $300 million across offices in Mechanicsburg, Pennsylvania and Hilton Head Island, South Carolina. The deal gives Dakota its second Pennsylvania office and first South Carolina presence, brings the JMG leadership team into Dakota as managing directors, and pushes Dakota's assets under management toward the $4 billion mark.
- Buyers
- Dakota Wealth Management
- Targets
- JMG Wealth Management Group, Inc.
- Sellers
- JMG Wealth Management Group, Inc., Jeffrey M. Goyette Sr., Jeffrey M. Goyette Jr., Jack Goyette
- Industry
- Wealth Management
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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