Lido Advisors, a wealth advisory firm with over $29 billion in regulatory assets under management (RAUM), is partnering with Olympus Wealth Management. The Salt Lake City-based firm, which manages over $850 million in RAUM, will become one of Lido’s key locations.
Olympus specializes in serving high-net-worth and ultra-high-net-worth business owners and their families. Their services include comprehensive wealth management and multi-family office support, where they act as the “chief financial officer” for their clients.
The whole Olympus team will remain at their current office in Cottonwood Heights, Utah.
Advisors: Turkey Hill Management is serving as financial advisor and the Salt Lake City office of Dentons is serving as legal advisor to Olympus. Sidley Austin is serving as legal advisor to Lido.
KEY QUOTES:
“Olympus was founded by three partners who have spent their entire careers helping clients organize, maximize, and protect their financial lives and legacies so that they can continue focusing on their businesses and passions. Olympus’s deep commitment and sophisticated approach to building long-term client relationships makes them a natural fit as we expand our holistic wealth management platform in the Salt Lake City metro area and beyond.”
Ken Stern, President of Lido
“Strategic insight and tailored solutions are at the core of how we help clients unlock the full potential of their wealth. Lido gives us a thriving national platform to expand that impact while continuing to serve the networks and community to which we’ve dedicated our careers. We’re excited to collaborate on delivering meaningful, measurable value that gives our clients the freedom to focus on what matters most to them. We’re thrilled to be partnering with Lido!”
Scott Poelman, Scott Bird, and Matt Krull, the founding partners of Olympus
