In December 2020, Lido Advisors, LLC, a full-service, independent, registered investment advisory firm acquired of the wealth management business of Quantum Capital Management (QCM), a wholly owned subsidiary of Sterling Bancorp, Inc. (NASDAQ: SBT).
The acquisition brought the highly experienced San Francisco-based team to Lido Advisors.
“As unpredictable as the year has been, we are proud to have continued on a consistent growth trajectory that positions our clients for financial success,” says Lido Advisors’ President Jason Ozur.
“By being passionate, smart and nimble, we are able to not only quickly seize exceptional market opportunities but also identify top talent in strategic geographical locations.”
The QCM team of experts includes:
- Howard Aschwald – Chief Investment Officer
- Daniel Young – Chief Compliance Officer
- Xuan Wang – Director of Client Relations
- Peter Coen – Director of Operations and Trading
“Despite the turmoil of 2020, our firm is growing by leaps and bounds,” adds Ozur. “As we move into a new decade, we look forward to bolstering our capabilities and performing for our clients on an elevated new level.”