Michael Karsa

Senior Managing Director

Mike Karsa joined Lido Advisors in 2015. He was tasked with leading the charge in developing Lido’s Midwest presence. With the help of his team, Mike has grown the Chicago office to over $1 billion in assets under management. In January 2020, Mike became the youngest Managing Director in the history of the company.

Prior to joining Lido, Mike was a lead financial advisor for a boutique hybrid advisory firm, where he managed 20 advisors specializing in tax planning and alternative investments for affluent families. Prior to that, Mike spent two years working as a financial advisor for ING, where he took a holistic approach to planning his client’s portfolio ranging from investment management, tax, insurance, and estate planning.

Mike graduated from the Tippie College of Business at the University of Iowa, with a Bachelor of Business Administration degree in Finance.

Mike currently spends time between Chicago and Arizona, where he enjoys playing golf, pickleball, hiking, cycling, along with seeing family and friends.

Accolades:
Forbes Top Next-Gen Wealth Advisors 2020*: #484
Forbes Top Next-Gen Wealth Advisors 2021*: #269
Forbes Best-In-State Wealth Advisors 2022*: Illinois/Chicago (High Net Worth) – #8

*see disclosures below

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The Forbes Next-Gen Wealth Advisors rankings, developed by SHOOK Research, is based on an algorithm of qualitative criterion, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of four years’ experience, and the algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass the highest standards of best practices. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings.

The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes or SHOOK receive a fee in exchange for rankings.