Lido Advisors Merges with Pegasus Partners
Lido Advisors, LLC, a prominent wealth advisory firm, is joining forces with Pegasus Partners, a boutique registered investment adviser (RIA) based in the Midwest. This strategic partnership aims to enhance their services for ultra-high-net-worth (UHNW) families, combining strengths to provide exceptional wealth management solutions. Lido currently boasts over $24 billion in regulatory assets under management (RAUM), and this merger marks an exciting phase of expansion and service enhancement.
The Strength of Pegasus Partners
Founded in 2015, Pegasus Partners has swiftly established itself with over $3 billion in RAUM. It specializes in comprehensive wealth management and family office solutions tailored for UHNW families. Their focus includes investment management, financial planning, family wealth transfers, and alternative investments—cultivating a personalized approach that resonates with families seeking specialized care for their financial futures.
Commitment to Excellence
Ken Stern, CFP®, President of Lido Advisors, expressed enthusiasm about the merger, stating, "Serving the sophisticated wealth management needs of families in all aspects of their financial lives requires steadfast commitment to specialized expertise and the highest ethical standards. The Pegasus team exemplifies this commitment." This collaboration not only strengthens the services offered but also reflects the shared dedication to client-centric practices that both firms prioritize.
Leadership and Vision
Under the leadership of Todd Krieg, JD, CFA, Founder and CEO of Pegasus, alongside Matt D'Attilio, CFA, Founder and President, this merger represents a new chapter. Todd pointed out, "In Lido, we saw a partner who shares our mission of putting client interests first. With Lido, we are aligned in building a brand that embodies excellence." This shared vision promises to enhance the overall wealth planning and investment advisory services provided to families, foundations, and institutions.
Expanding Services Across the Midwest
Jason Ozur, CPA, CEO of Lido Advisors, highlighted the cultural alignment and growth opportunities presented by this union: "The cultural alignment and the opportunity to expand across the Midwest make Pegasus an obvious fit with our strategic vision. I cannot imagine finding a team more capable of helping us grow our clientele with the highest level of investment and wealth management support.” This commitment to collaboration and excellence is poised to benefit their clients significantly.
About Lido Advisors
Lido Advisors is a nationally recognized wealth advisory firm, headquartered in Los Angeles, California. With $24 billion in regulatory assets under management and 15 physical offices spread across the United States, Lido adopts an active asset management approach focused on risk mitigation. This includes access to alternative, core, and tactical investment strategies that provide clients a robust wealth management experience.
Commitment to Client Experience
Lido aims to offer a family office experience complemented by personalized and comprehensive wealth planning. Their approach facilitates access to affiliated professionals, delivering bespoke tax, estate, and legacy solutions that are vital for UHNW families. The firm is dedicated to creating an innovative, high-touch client experience that establishes Lido as a trusted partner in their clients’ financial journeys.
Frequently Asked Questions
What prompted the merger between Lido Advisors and Pegasus Partners?
The merger aims to combine strengths and enhance wealth management services for ultra-high-net-worth families, leveraging both firms' expertise in the industry.
How will the merger affect existing Pegasus clients?
Existing clients are expected to benefit from enhanced services and resources as Lido Advisors integrates Pegasus Partners' operations and expertise.
Who leads the newly combined firm after the merger?
Todd Krieg and Matt D'Attilio from Pegasus Partners will join Lido Advisors' leadership team, aligning their missions and enhancing client services together.
What is Lido Advisors' approach to investment management?
Lido Advisors employs an active asset management strategy focused on risk mitigation, alongside access to diverse investment opportunities tailored for UHNW clients.
How can clients learn more about Lido Advisors?
Clients interested in learning more about the services offered by Lido Advisors can explore their website or contact them directly for personalized consultations.
