Idb Lido Wealth, LLC
Assets Under Management
$338.0M
Number of Clients
158
Number of Advisors
9
Average Client AUM
$2.1M
AUM per Advisor
$37.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
IDB Lido Wealth, LLC provides investment management, asset allocation, financial planning, family office services, and retirement and estate planning to high-net-worth and ultra-high-net-worth individuals, family offices, pensions, and other entities. They utilize an integrated wealth management approach and may use third-party asset managers and sub-advisers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.25% |
| $2M+ | 1.00% |
Clients are charged a minimum Asset Management fee of $2,500 per quarter ($10,000 annually). IDB Lido will also in certain instance utilize a marginal fee calculation , where Managed Assets Amount tiers are each assessed specific Asset Management fees.
Fee Estimator
IDB Lido typically charges an annual fee based on the total assets managed. The annual fee is 1.25% on assets under $2,000,000 and 1.00% on assets of $2,000,000 and higher. There is a minimum quarterly fee of $2,500, which equals $10,000 annually. Note that when managed assets are less than $800,000, the minimum fee paid equals more than 1.25% of the managed assets. IDB Lido may also utilize a marginal fee calculation, where Managed Assets Amount tiers are each assessed specific Asset Management fees.
Areas of Practice
Location
1114 6th Avenue, 9th Floor, New York, NY, 10036