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Lido Advisors Review

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Lido Advisors is a financial advisor firm with a client base that consists of individuals, businesses, charities and more. It is a fee-based firm, as certain advisors here may collect transaction-based brokerage fees or sales commissions on insurance products. This is different from a fee-only firm, which avoids this kind of conflict of interest by only receiving compensation from client fees.

With headquarters in Los Angeles, Lido Advisors appears on SmartAsset's list of the top financial advisors in Los Angeles. The firm also conducts business in branch offices across the country.

Lido Advisors Background

Lido Advisors was founded in 2001 and is majority-owned by pooled investment vehicles that are advised by affiliates of Charlesbank Capital Partners LLC. The remainder of Lido is owned directly and indirectly by the firm's chief executive officer Jason Ozur, president Ken Stern, chairman and founder Gregory Kushner and other employees.

Lido employ many advisors across its multiple branches. Certifications held by these advisors include for ceritifed financial planner (CFP), chartered financial analyst (CFA), certified public accountant (CPA), chartered retirement planning counselor (CRPC), chartered financial consultant (ChFC) and certified estate planner (CEP).

Lido Advisors Client Types and Minimum Account Sizes

Most of the clients at Lido are individuals, with a fairly even split between those with and without a high net worth. The remaining clients include banks, investment funds, ERISA plans, charitable organizations, corporations and insurance companies.

According to Lido Advisors’ Form ADV, $1 million in investable assets is typically required in order to become a client of the firm. However, it may decide to waive this minimum in certain situations at its discretion.

Services Offered by Lido Advisors

Lido Advisors has a handful of core advisory offerings, including investment management, financial planning, the selection of third-party money managers and sub-advisory services. Here’s a more detailed breakdown:

  • Investment management
  • Asset Allocation planning
  • Third-party asset manager selection
  • Sub-advisory services
  • Financial Planning

Lido Advisors Investment Philosophy

The overarching investment philosophy at Lido Advisors is to help clients achieve investment goals while also minimizing market risk and volatility. To accomplish this, the firm may invest in a range of asset classes including fixed-income, equities, cash, real estate debt, foreign securities, American depository receipts, hybrid offerings and liquid and non-liquid alternative investments.

The firm diversifies your money not only across multiple assets classes, but also various sectors of the market, with the goal of minimizing volatility.

Fees Under Lido Advisors

Lido typically charges its clients a percentage-based fee for its investment management services. For these, the percentage you pay is based on the amount of your assets under management (AUM) at the end of the previous quarter. The exact rate you pay will typically adhere to the following schedule:

Lido Advisors Asset Management
Assets Under Management (AUM) Fee Percentage
Up to $2MM 1.25%
Over $2MM 1.00%

This table will show you what you may pay at Lido based on your assets:

*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.
Estimated Investment Management Fees at Lido Advisors*
Your Assets Lido Advisors Fee Amount
$500K $6,250
$1MM $12,500
$5MM $56,000
$10MM $106,000

Keep in mind that the firm’s asset management services are subject to a $2,500 minimum quarterly fee. Financial planning and other consulting services are generally rendered for an hourly fee of $500.

What to Watch Out For

Lido Advisors has no disclosures listed in its most recent SEC filings.

One thing to note: Some of advisors at Lido may be brokers or insurance agents, who collect transaction-based fees or sales commissions. This poses a potential conflict of interest. That said, the firm is legally bound by its fiduciary duty to act in clients’ best interests at all times.

Opening an Account With Lido Advisors

If you're interested in exploring a relationship with Lido Advisors further, you have a few options when it comes to reaching out. You can visit the firm’s website to find the proper contact information for each of the firm’s offices. If you have a general question, you can fill out the contact form provided on the firm’s website or you can send an email to

All information is accurate as of the writing of this article.

Tips for Retirement Planning

  • It's been said that a goal without a plan is only a dream. For helping making a concrete plan so you can achieve your retirement goal, consider hiring a financial advisor. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • Don’t forget to take Social Security payments into account when you formulate what kind of income you’ll have in retirement. If you don’t know how much you can expect to receive, check out SmartAsset’s Social Security calculator.

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research