Lido Advisors Expands Its Wealth Management Services by Partnering with Olympus Wealth Management

Lido Advisors Partners with Olympus Wealth Management

Lido Advisors, a prominent wealth advisory firm based in Los Angeles and managing over $29 billion in regulatory assets, has announced its strategic partnership with Olympus Wealth Management. This independent wealth management firm is located in Cottonwood Heights, a part of the Salt Lake City metro area, and boasts more than $850 million in assets under its management.

Olympus Wealth Management specializes in catering to high-net-worth (HNW) and ultra-high-net-worth (UHNW) business owners and families, providing services that ensure their financial longevity and success. Founded by three dedicated partners who have extensive experience in financial advising, Olympus focuses on helping clients not only organize but also optimize and safeguard their wealth, allowing them to pursue their business endeavors and personal passions without hassle.

Ken Stern, President of Lido Advisors, expressed his enthusiasm regarding this collaboration, highlighting Olympus’s strong dedication to client relationships. He stated, “Olympus’s deep commitment and sophisticated approach to building long-term client relationships makes them a natural fit as we expand our holistic wealth management platform in the Salt Lake City metro area and beyond.” This alignment not only enhances Lido Advisors’ already robust offering but allows both firms to work towards a shared vision of helping clients achieve their financial goals.

Olympus brings to the table a comprehensive portfolio of wealth management solutions along with multi-family office services. This means they can act as Chief Financial Officers for their clients' families, managing complex financial challenges with a tailored approach. As part of this partnership, the entire Olympus team will continue to operate out of Cottonwood Heights, reinforcing their commitment to the local community while contributing to Lido's national presence. The Olympus office will serve as one of Lido Advisors' key locations.

The founding partners of Olympus—Scott Poelman, Scott Bird, and Matt Krull—emphasized the importance of strategic insights and customized solutions that guide their clients in realizing the full potential of their wealth. They foresee this partnership with Lido as an opportunity to broaden their impact while nurturing the networks and communities they have served throughout their careers. The collaboration aims to deliver substantial and measurable value to their clients, enabling them to focus on what matters most to them—whether that be business, personal pursuits, or legacy projects.

In terms of the formalities surrounding this partnership, Turkey Hill Management has been designated as the financial advisor for Olympus, while the Salt Lake City office of Dentons is serving as their legal advisor. On Lido’s side, legal representation is being provided by Sidley Austin LLP.

About Lido Advisors

Founded with a commitment to individualized client service, Lido Advisors is a nationally recognized firm that prioritizes risk mitigation and access to alternative investment strategies. With 40 offices across the United States, they provide a family office experience that embraces custom wealth planning along with access to specialists offering bespoke solutions in tax, estate, and legacy planning. The firm is dedicated to fostering an innovative, high-touch experience for clients, positioning themselves as partners in clients' financial lives. For additional information, visit www.lidoadvisors.com.