Lido Advisors Strengthens Position with Stuart Chaussée Partnership in Wealth Management

Lido Advisors Expands Services with New Partnership

In a strategic move, Lido Advisors, a prominent national wealth advisory firm managing over $38 billion in regulatory assets under management (RAUM), has announced its collaboration with Stuart Chaussée & Associates (SCA), an independent firm based in Palos Verdes, CA. This partnership aims to enhance Lido’s capabilities in serving high-net-worth individuals through a shared commitment to personalized and comprehensive wealth management.

Expanding Wealth Management Services

Founded by Stuart Chaussée, SCA specializes in serving high-net-worth clients, with particular expertise in defined outcome strategies. The firm manages over $500 million in RAUM and operates as a fee-only fiduciary practice. Chaussée's extensive experience in portfolio and wealth management, particularly for retirees and pre-retirees, aligns well with Lido’s ethos of providing a holistic financial experience.

Ken Stern, the President of Lido Advisors, expressed enthusiasm about the partnership, stating, "Stuart Chaussée shares our dedication to providing a personalized, holistic wealth management experience to clients. This collaboration not only expands our reach in the Los Angeles area but also strengthens our in-house expertise across all aspects of our clients' financial lives."

A Culturally Aligned Collaboration

This partnership is more than just a financial union; it's a meeting of minds that prioritizes the client experience. Chaussée highlighted the unique opportunity to join forces with a firm that shares similar values, stating he was excited to leverage Lido's resources for the benefit of his clients. He noted, "Lido was a unique opportunity to partner with a philosophically and culturally-aligned firm that is headquartered locally while accessing advanced planning and investment resources. I look forward to bringing even greater clarity, value, and financial peace of mind to my clients while unlocking the next chapter of growth."

Expert Legal Guidance

As a standard practice in such strategic alignments, legal advisory roles have been filled to ensure a smooth partnership transition. Brightstar Law Group is providing legal counsel for SCA, while Sidley Austin LLP is advising Lido Advisors. These legal teams will help navigate the complexities associated with merging operations and philosophies.

About Lido Advisors

Lido Advisors has established itself as a leader in wealth advising, with a strong commitment to risk management and alternative investment strategies. The firm’s innovative approach to wealth management includes a family office experience tailored to each client’s unique needs, ensuring that clients have access to comprehensive estate and tax planning resources. With 45 offices across the United States, Lido aims to build enduring relationships as a financial life partner for its clients.

In this evolving landscape of wealth management, the partnership between Lido Advisors and Stuart Chaussée & Associates heralds a new chapter for clients seeking enhanced advisory services rooted in individualized attention and specialized strategies. For more information about Lido Advisors, visit Lido Advisors.