ITEM 1: COVER PAGE
BROCHURE SUPPLEMENT (Part 2B of Form ADV) January 2024
David Haddad
Lido Advisors, LLC
Business Address
477 Madison Ave., 6th Floor
Manhattan, NY 10022
Phone: (424) 210-7974
Fax: (310) 278-8267
dhaddad@lidoadvisors.com
Principal Office Address
1875 Century Park East, Suite 950
Los Angeles, California 90067
Phone: (310) 278-8232
Fax: (310) 278-8267
www.lidoadvisors.com
This brochure supplement provides information about David Haddad 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 David Haddad is available on the SEC’s website atadviserinfo.sec.gov.
ITEM 2: EDUCATIONAL BACKGROUND AND BUSINESS EXPERIENCE
David Haddad
Year of Birth: 1995
Educational Background
Touro College NYSCAS – Bachelor of Science in Biology, 2019
Business Background
IDB Lido Wealth, LLC, Investment Adviser Representative (4/2023 – Present)
Lido Advisors, LLC, Investment Adviser Representative (7/2022 – Present)
Self Employed, Stock Trader & Investor (9/2019 – 7/2022)
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. Haddad has no information required to be disclosed under this Item.
ITEM 4: OTHER BUSINESS ACTIVITIES
In addition to his activities at Lido, Mr. Haddad 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. Additionally, Mr. Haddad serves as CFO to Congregation Ahavat Torah, a 501(c)(3) non-profit organization where he spends less than 10% of his time and is not compensated for his services
ITEM 5: ADDITIONAL COMPENSATION
In addition to his ordinary compensation at Lido, Mr. Haddad 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. Haddad’s investment advice and employee activities are supervised by Mr. Ozur, who can be contacted at (310) 278-8232 orjozur@lidoadvisors.com.