PE-backed Lido Advisors agrees to merge in $3bn Pegasus Partners

Booth & Company
Oct 21, 2024
1 min read

Lido Advisors, a Los Angeles-based RIA with over $24bn in assets under management, revealed Monday that it has agreed to merge in Pegasus Partners, a Mequon, Wis.-based firm with over $3bn in AUM.

Pegasus’s 22-person team will join Lido with the ‘majority’ becoming partners, according to a company release. Specific details of the partnership were not disclosed.

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PE-backed Lido Advisors agrees to merge in $3bn Pegasus Partners

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