On July 29, 2025, Lido Advisors announced its agreement to acquire Olympus Wealth Management.
Lido Advisors (“Lido”) announced, on July 29, 2025, its agreement to acquire Olympus Wealth Management (“Olympus”). Under the terms of the transaction, Olympus’ team will remain in place and its office will become one of Lido’s key locations. 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. As of December 2024, Lido had approximately $29 billion in assets under management.
Olympus, based in Salt Lake City, Utah, is a registered investment advisor offering comprehensive wealth management and multi-family office services. As of December 2024, Olympus had approximately $850 million in assets under management. Turkey Hill is serving as financial advisor to Olympus in the transaction.
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