On June 10, 2025, Lido Advisors announced its acquisition of Exchange Capital Management.
Lido Advisors (“Lido”) announced, on June 10, 2025, its acquisition of Exchange Capital Management (“Exchange”). Exchange’s leadership team, including key executives, will integrate into Lido’s platform. Further terms of the deal were not disclosed.
Lido, based in Los Angeles, California, is a registered investment advisor and wealth advisory firm focused on providing investment management, estate and tax planning services to high-net-worth individuals, families, and institutions. Lido has approximately $29 billion in assets under management.
Exchange, based in Ann Arbor, Michigan, is a registered investment advisor providing comprehensive financial planning and investment management services. Exchange has approximately $830 million in assets. DeVoe & Co. acted as Exchange’s sole advisor in the deal.
To read the press release: please click here.