Lido Advisors acquires trust company managing $800 million

Lido Advisors[1], a Los Angeles-based registered investment adviser managing $11 billion, has acquired Enterprise Trust & Investment Company, a Los Gatos, California-based trust company managing $800 million.

The transaction, terms of which were not disclosed, is expected to close in the third quarter, Lido Advisors said in a press release[2] Tuesday,

Founded in 1995, Enterprise Trust is based in the Greater San Francisco Bay Area. The firm provides investment management and fiduciary services to high-net worth individuals and their families.

[More: The 4 key drivers of RIA consolidation[3]]

Learn more about reprints and licensing[4] for this article.


  1. ^ Lido Advisors (
  2. ^ press release (
  3. ^ The 4 key drivers of RIA consolidation (
  4. ^ reprints and licensing (


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