Lido Advisors Acquires Enterprise Trust and Investment Company in California.
MANews-(C)2009-2022
US-based wealth management firm Lido Advisors, LLC, serving high-net-worth individuals, has acquired California-based trust company Enterprise Trust and Investment Company, the firm said.
ETIC is a California-based trust company providing private trustee services and investment management to high-net-worth individuals and families, local foundations, and endowments.
The acquisition will enable Lido to expand its comprehensive wealth planning process designed to grow, protect, and maximize clients' wealth.
Founded in 1995 and based in the Greater San Francisco Bay Area, ETIC manages approximately USD 800m in assets, providing its clients with trust, fiduciary, and investment management services.
ETIC has grown considerably over the years through a unique combination of trust expertise and personalized asset management.
The...
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