Tag: Lido Advisors
RIA Edge Podcast: Scaling an RIA Through Culture, Ownership and Strategic Growth with Jason Ozur

RIA Edge Podcast: Scaling an RIA Through Culture, Ownership and Strategic Growth with Jason Ozur

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In this episode of the RIA Edge Podcast, host David Armstrong speaks with Jason Ozur, co-CEO of Lido Advisors, about the firm’s growth from a six-person team managing roughly $400 million to one of the largest RIAs in the country with nearly $50 billion in assets under management.

Jason discusses how a strong focus on organic growth, standardized investment processes and client service helped lay the foundation for expansion before the firm accelerated its growth through acquisitions and strategic capital partnerships. He also shares how employee ownership, cultural integration, technology investments and artificial intelligence initiatives are shaping Lido’s future as it continues to expand its capabilities and geographic reach.

Jason shares:

  • Growing Lido from a small advisory firm into a national RIA through organic growth and acquisitions
  • How the firm has built wide-spread employee ownership—including million-dollar-plus equity stakes for over 70 Lido partners. 
  • The importance of investment management, including alternatives, and how unique diversification strategies can enhance a firm’s value to clients. 
  • How Lido’s executives think about handling data to remain as flexible as possible for future tech enhancements. 
  • How he has organized the executive leadership team’s roles and responsibilities—including a second chief executive officer in Ken Stern.

Resources:

Connect With David Armstrong:

Connect With Jason Ozur:

About Our Guest:

Jason Ozur is Co-Chair of Lido’s investment committee. He is responsible for the management of Lido’s alternative investments and is an integral part of the firm’s due diligence on real estate-oriented strategies. 

Education: B.S., California State University at Northridge

Previous Work Highlights: Jason started his career as a CPA performing audits, preparing tax returns, and providing back-office services for numerous hedge funds. In 1999, he joined a large family investment office, where he was on the investment team that managed the family’s substantial investments and served as CFO of its worldwide water conservation company that did business in over 22 countries. He also provided financial oversight as controller of a multi-billion-dollar Los Angeles-based hedge fund.

Personal Facts: Jason takes on a mentorship role to help facilitate a company culture of progression, excellence, and integrity.

 

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RIA Edge Podcast: Ken Stern on Lido Advisors’ Path to $20B in AUM

RIA Edge Podcast: Ken Stern on Lido Advisors’ Path to $20B in AUM

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Ken Stern’s journey with Lido Advisors started almost a decade ago with a chance meeting at a family office conference. His initial connection with Lido’s founders quickly evolved into a shared vision of providing unmatched client service and scaling a national brand. In some ways, the Lido story is a bit different among RIAs—instead of a firm starting with retail clients and moving upstream to high and ultra-high net worth, Lido started in the family office space and under Stern’s operational guidance has brought the family office-style suite of services to a broader base of clients and prospects. 

In this episode, David Armstrong, managing director of editorial and content strategies for the Wealth Management Group at Informa, talks with Ken Stern, president of Lido Advisors, to delve into the approaches they’ve taken to scale, how he thinks about growth as almost a mandate to bring clients a top-tier experience, and how they’ve balanced organic growth and acquisitions. 

David and Ken discuss:

  • Lido Advisors’ impressive growth to over $20 billion in AUM and the strategies behind their rapid expansion.
  • Why cracking the code on multi-generational planning has become a key driver in the firm’s overall growth strategy.  
  • Why Lido Advisors chose to bring services like trust management and tax preparation in-house to provide better control and a seamless client experience
  • One potential, highly valued client-service area that remains largely untapped by most RIAs and is on Lido’s strategic roadmap. 
  • Lido’s approach to mergers and acquisitions and the role of partnerships with private equity firms like Charlesbank Capital Partners and Constellation Partners in fueling expansion

Resources:

Connect With David Armstrong:

Connect With Ken Stern:

About Our Guest:

Ken Stern is the President of Lido Advisors. Ken is focused on executing Lido’s vision of growing Lido Advisors into a nationally recognized leader in advanced wealth management and investment strategy. After working with and helping grow various financial institutions, Ken saw a need for a client-centric financial advisory firm focused on comprehensive planning and dynamic investment management. As a result, he founded both Asset Planning Solutions, Inc. and Ken Stern & Associates. Ken has authored seven personal finance books and appeared in or been quoted on several TV and radio shows including The Today Show, CNBC, and CNN.

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