How A $1.2 Billion Wealth Management Firm Got Ahead Of The COVID-19 Curve
April 15, 2020 / Jason Bisnoff, Forbes Staff
As the severity of the COVID-19 pandemic became clear in the early months of 2020 at Dakota Wealth Management, the investment committee meetings suddenly featured an unlikely voice: chief operating officer, Michael Reed.
Reed helped launch the firm in 2018, but prior to this moment, he’d never been an active participant in its investment meetings.
His insights are now invaluable, pulling from nearly three decades in healthcare as an administrator for hospitals, medical groups, and medical foundations before making a move to wealth management. As the number of COVID-19 cases and deaths multiply daily, sending the economy into a downward spiral, Dakota’s five-person investment team is looking to Reed for information on what lies ahead as he taps his network of healthcare experts.