Lido Advisors Forms Strategic Partnership with Copperwynd Financial
Lido Advisors, a prominent wealth advisory firm managing approximately $29 billion in RAUM, has announced an exciting partnership with Copperwynd Financial, a Scottsdale-based registered investment advisory firm dedicated to serving high-net-worth families. This collaboration is designed to elevate the wealth management experience by combining their collective expertise and resources.
A Focus on Personalized Financial Services
Ken Stern, the President of Lido Advisors, expressed his enthusiasm for this partnership, emphasizing Copperwynd's commitment to client service and community engagement. "Copperwynd brings a deep dedication to clients and local communities. We're excited to unite our shared values to enhance and expand our wealth management services," Stern stated.
David Daughtrey, Co-Founder of Copperwynd Financial, echoed these sentiments, highlighting the firm's culture centered around integrity, service, and customization. With over $720 million in RAUM, Copperwynd's team is set to bring significant value to Lido. Daughtrey noted that joining forces will offer both firms the capability to provide remarkable financial peace of mind to clients.
Strengthening Presence in the Southwest
This strategic union is poised to fortify Lido Advisors' presence in key markets such as Arizona, Utah, and New Mexico. In addition to Copperwynd's Scottsdale headquarters, the partnership will also introduce a new office in the greater Salt Lake City area. This expansion will serve to enhance the offerings available to existing clients while attracting new ones.
The entire Copperwynd team will integrate with Lido, and all advisors will become partners within the organization. Stern highlighted the potential outcomes of this partnership: "By welcoming the strategic and high-impact team from Copperwynd to Lido, we're poised to achieve great things together." This sentiment signifies a future where both firms leverage their combined strengths to serve clients better.
Advisory and Support Talent
The collaboration aims not only to enhance financial services but also to bring a wealth of advisory talent to Lido Advisors. The customer-centric approach that Copperwynd embodies complements Lido's philosophy of prioritizing clients’ needs. With both teams working in harmony, clients can anticipate a comprehensive suite of financial services tailored to their unique situations.
Furthermore, the partnership will involve shared resources and the ability to tap into broader networks, allowing for a wider range of investment strategies and more holistic financial planning. As the firms align, it is expected that clients will benefit from improved access to various financial solutions designed to create and sustain wealth.
About Lido Advisors
Lido Advisors is a nationally recognized wealth advisory firm headquartered in Los Angeles. With over $29 billion in RAUM and 40 offices nationwide, Lido specializes in asset management that focuses on risk mitigation while providing access to innovative investment strategies. The firm is dedicated to delivering a personalized family office experience, ensuring that clients receive tailored wealth planning along with bespoke solutions for tax, estate, and legacy challenges.
Frequently Asked Questions
What is the nature of the partnership between Lido Advisors and Copperwynd Financial?
The partnership aims to enhance wealth management services by combining resources and expertise from both firms.
How will this partnership benefit clients?
Clients will gain access to an expanded range of financial planning resources and a dedicated advisory team focused on personalized service.
Where will the new offices be located?
In addition to Copperwynd's headquarters in Scottsdale, Lido will open a new office in greater Salt Lake City, Utah.
Will Copperwynd's team remain intact?
Yes, the entire Copperwynd team will join Lido Advisors, ensuring continuity for clients and leveraging their experience.
What defines Lido Advisors' approach to wealth management?
Lido focuses on providing a family office experience with a commitment to risk mitigation and access to diverse investment strategies tailored to clients' needs.
