The Daily Brief
Practice Mergers and Acquisitions

Two Southern California Firms Merge to Create $3.7 Billion RIA

Los Angeles-based Lido Advisors and San Diego-based Ken Stern & Associates are coming together.

Lido Advisors, a boutique independent advisory in Los Angeles, has merged with Ken Stern & Associates, a San Diego-based wealth management firm, creating a registered investment advisor with $3.7 billion in client assets.

Ken Stern & Associates, established in 1998, specializes in advanced investment management, asset protection and legacy strategies.

Lido provides advanced wealth planning, and also offers alternative investments, liquid hedging strategies and tactical opportunities.

“By combining the power of Lido’s broad network and Stern’s boutique approach to wealth management, we have the unique ability to provide our clients with essential resources and a team of highly skilled professionals focused on their individual wealth-planning needs,” Stern said.

Want The Daily Brief delivered directly to your inbox? Sign up for WealthManagement.com's Morning Memo newsletter.

 

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish