ITEM 1: COVER PAGE
BROCHURE SUPPLEMENT (Part 2B of Form ADV) December 2023
Daniel Leong
Lido Advisors, LLC
1875 Century Park East, Suite 950
Los Angeles, California 90067
Phone: (310) 278-8232
Fax: (310) 278-8267
dleong@lidoadvisors.com/a> www.lidoadvisors.com
This brochure supplement provides information about Danny Leong that supplements Lido Advisors, LLC’s (“Lido”) Disclosure Brochure (Form ADV Part 2A). You should have received a copy of that Disclosure Brochure. Please contact our Chief Compliance Officer at (310) 278-8232 if you did not receive Lido Advisors, LLC’s Disclosure Brochure or if you have any questions about the contents of this supplement.
Additional information about Danny Leong is available on the SEC’s website atadviserinfo.sec.gov.
ITEM 2: EDUCATIONAL BACKGROUND AND BUSINESS EXPERIENCE
Danny Leong
Year of Birth: 1997
Educational Background
University of Southern California, Bachelor of Science in Business Administration, 2019
Business Background
LIDB Lido Wealth, LLC, Investment Adviser Representative (4/2023 – Present)
Lido Advisors, LLC, Investment Adviser Representative (8/2020 – Present)
Oracle Corporation, Sales Representative (8/2019 – 8/2020)
University of Southern California, Full Time Student (8/2015 – 5/2019)
Morgan Stanley, Customer Service Representative (3/2018 – 4/2019)
ITEM 3: DISCIPLINARY INFORMATION
Lido is required to disclose all material facts regarding any legal or disciplinary event that would be material to your evaluation of each investment person providing advice to you. Mr. Leong has no information required to be disclosed under this Item.
ITEM 4: OTHER BUSINESS ACTIVITIES
In addition to his activities at Lido, Mr. Leong is an Investment Adviser Representative for IDB Lido Wealth, LLC, which is an SEC investment adviser owned by Lido. He devotes approximately 5% of his time performing services for IDB Lido Wealth.
ITEM 5: ADDITIONAL COMPENSATION
In addition to his ordinary compensation at Lido, Mr. Leong receives compensation from IDB Lido Wealth, LLC which make up 5% of his total annual income.
ITEM 6: SUPERVISION
Generally, all client investment decisions are overseen by Jeff Garden, Chief Investment Officer and head of Lido’s Investment Committee. The Investment Committee meets periodically to discuss overall portfolio management decisions and strategies. In addition, Jason Ozur, Chief Executive Officer of Lido, is responsible for the general oversight of all investment advice given by its supervised persons.
Mr. Leong’s investment advice and employee activities are supervised by Mr. Ozur, who can be contacted at (310) 278-8232 orjozur@lidoadvisors.com.