Investment firm Lido Advisors forging alliance with Olympus Wealth Management, a $850 million entity.
Olympus Wealth Management Partners with Lido Advisors to Expand Holistic Wealth Management Services
Olympus Wealth Management, a Salt Lake City-based wealth advisory firm, has announced a partnership with Lido Advisors, a Los Angeles-based wealth management firm. This strategic alliance aims to broaden the holistic wealth management platform offered by Lido Advisors in the Salt Lake City metro area and beyond.
Founded by Ken Stern, Scott Poelman, Scott Bird, and Matt Krull, Olympus Wealth Management is deeply committed to building long-term client relationships. The firm offers comprehensive wealth management and multi-family office support, providing tailored financial strategies to high-net-worth and ultra-high-net-worth business owners and their families.
Olympus Wealth Management acts as the "chief financial officer" for their clients, offering services such as financial planning, investment management, estate planning, tax planning, and concierge-type offerings. The firm's team, located at their office in Cottonwood Heights, Utah, remains dedicated to serving their networks and community.
The partnership with Lido Advisors, which manages over $29 billion in regulatory assets under management (RAUM), is expected to provide Olympus Wealth Management with a thriving national platform to expand its impact. Scott Poelman, Scott Bird, and Matt Krull expressed excitement about collaborating with Lido Advisors to deliver meaningful, measurable value to clients.
Lido Advisors, for its part, is being advised by Sidley Austin on the transaction. Turkey Hill Management is serving as financial advisor to Olympus Wealth Management. The collaboration is expected to strengthen Lido Advisors' presence in the West, complementing its existing footprint in the East and Midwest.
This partnership marks a strategic intent by Olympus Wealth Management to deepen its service offerings within the wealth advisory sector. The founding partners of Olympus have dedicated their careers to helping clients organize, maximize, and protect their financial lives and legacies. They see this partnership as an opportunity to give their clients the freedom to focus on what matters most to them.
While specific historical background details on Olympus Wealth Management are limited, this partnership underscores its role in providing sophisticated wealth advisory and family office services. The firm's commitment to building long-term client relationships and its focus on strategic insight and tailored solutions make it an ideal partner for Lido Advisors.
As both firms move forward, they look forward to delivering exceptional wealth management services to their clients, leveraging the strengths of each firm to create a powerful platform for growth and success.
- The strategic alliance between Olympus Wealth Management and Lido Advisors is expected to broaden Olympus' finance-related services, allowing them to act as the "chief financial officer" for their clients.
- The partnership with Lido Advisors, which manages over $29 billion in regulatory assets under management (RAUM), will provide Olympus Wealth Management with a thriving national platform to expand its finance-centered impact.
