On December 10, 2024, Lido Advisors, LLC announced its plan to acquire Avitas Wealth Management, LLC.
Lido Advisors, LLC (“Lido”) announced, on December 10, 2024, its plan to acquire Avitas Wealth Management, LLC (“Avitas”). Highlighting the Avitas team that is joining Lido are lead partners Eric Taslitz, Catherine Gerst, and Greg Satz. Further terms of the transaction were not disclosed.
Lido, based in Los Angeles, is a full-service, independent registered investment advisor providing wealth management and investment services. As of October 2024, Lido had over $24 billion in regulatory assets under management.
Avitas, based in Los Angeles, is an independent wealth advisory firm specializing in serving multigenerational families. As of September 2024, Avitas had more than $1.1 billion in regulatory assets under management. Advice Dynamics Partners served as Avitas’ exclusive transaction advisor.
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