LOS ANGELES–(COMMERCIAL THREAD) – Lido Advisors, LLC, an independent, full-service investment advisory firm, today announced that its Chicago-based Senior Managing Director, Michael J. Karsa, was ranked at number 269 on the 2021 Forbes list of Top 500 Next Generation Wealth Advisors. Now, with $ 1 billion in assets under management (AUM), this represents a significant jump from last year when Karsa was assigned number 484.
The Forbes Next-Gen Wealth Advisors ranking, developed by SHOOK Research, is based annually on a proprietary qualitative criterion algorithm, obtained primarily through telephone and in-person interviews, and quantitative data. Participants do not pay a matching fee.
Ken stern, President of Lido Advisors, said: “We are delighted with the performance of Mike and his team this year and with this recognition of Forbes is a well-deserved recognition. Lido’s ethics are rooted in an unwavering commitment to our customers. The team shows this commitment at the highest level and it shows clearly. ”
Forbes said: “With anxiety over tax code changes and market volatility seeking to generate a return, financial advisers are making a living these days. With the average age of established advisers well above it. 50 years, the next generation of wealth managers is emerging and developing expertise to help clients for decades to come. The 500 honored advisors on this list manage more than $ 1,000 billion for clients and surely have a long career ahead of them as they look to continue to develop their practices in the future.
As a registered investment advisor, Lido Advisors provides institutional investment management and wealth advisory services. ACT Lido is a proACTIVE approach to investment management including alternative, primary and tactical strategies. Lido’s wealth advisory approach takes into account tax and estate concerns with the goal of partnering with our clients to grow, maximize and protect their lives and heritage. Our services are tailored to the unique situations of high net worth individuals, trusts and family offices. Consistently aligned with the interests of the clients they serve, the core principles of Lido Advisors include maintaining the highest levels of integrity and transparency in the process.
About Lido Advisors, LLC
Founded in 1999, Lido Advisors LLC is an independent, full-service investment advisor providing an innovative approach to investing for family offices to develop and protect the wealth and legacy of its clients. Lido’s clients include high net worth and high net worth individuals, family offices, corporate executives, nonprofits and foundations. Lido has been recognized by many publications including Forbes, Barron and the Financial Time. Today, Lido has over $ 10 billion in assets under management, is ranked in the top 50 independent RIAs and maintains a national presence, with 22 offices in major metropolitan areas. For more information visit www.LidoAdvisors.com.