Lido Advisors Announces Acquisition Of Enterprise Trust & Investment Company To Further Expand Its Wealth Management Platform
Acquiring Company
Lido Advisors
Acquired Company
Enterprise Trust & Investment Company
Description
Lido Advisors, LLC (“Lido”), a leading wealth management firm for high-net-worth individuals, announced today the key strategic acquisition of Enterprise Trust & Investment Company (“ETIC”). ETIC is a leading 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.
Quick answer
Lido Advisors is acquiring Enterprise Trust & Investment Company, announced June 14, 2022.
- How much did Lido Advisors pay for Enterprise Trust & Investment Company?
- The deal value was not disclosed.
- What does Lido Advisors do?
- Lido Advisors is a nationally recognized wealth advisory firm headquartered in Los Angeles, California, with over $11 billion in assets under management and 27 offices across the United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Enterprise Trust & Investment Company?
Enterprise Trust & Investment Company was acquired by Lido Advisors. The deal was reported on June 14, 2022. Lido Advisors is a nationally recognized wealth advisory firm headquartered in Los Angeles, California, with over $11 billion in assets under management and 27 offices across the United States. Lido Advisors is privately held and operates in Professional Services.
When did Lido Advisors acquire Enterprise Trust & Investment Company?
Lido Advisors's acquisition of Enterprise Trust & Investment Company was reported on June 14, 2022. Lido Advisors, LLC (“Lido”), a leading wealth management firm for high-net-worth individuals, announced today the key strategic acquisition of Enterprise Trust & Investment Company (“ETIC”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Enterprise Trust & Investment Company do?
Enterprise Trust & Investment Company is a California-chartered trust company headquartered in Los Gatos, California, with approximately $800 million in assets under management. It is privately held, operating in Financial Services.
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