IDB Bank and Lido Advisors Announce Joint Venture
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Monday, November 8, 2021
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IDB Bank (IDB) and Lido Advisors, LLC (Lido) today announced the creation of a new strategic partnership and joint venture: IDB Lido Wealth.
Key Points:
- IDB Bank (IDB) and Lido Advisors, LLC (Lido) today announced the creation of a new strategic partnership and joint venture: IDB Lido Wealth.
- IDB Bank and Lido Advisors will continue to remain independent companies.
- This collaboration will bring Lidos valued offering to IDBs client base, thereby further facilitating the Lido Advisors vision and accelerating our growth strategy, said Jason Ozur, CEO of Lido Advisors.
- Creating a JV to deliver Lidos innovative wealth strategies to IDB clients is a natural fit, added Ken Stern, President of Lido Advisors.