Henry Hagenbuch, Senior Managing Director and Head of M&A for Lido Advisors, joined Zoe Hunt, Host of RIA Channel, to discuss the firm’s approach to growth and M&A.
Lido Advisors is an RIA and multi-family office serving high-net-worth and ultra-high-net-worth clients, as well as institutional clients, with more than $40 billion in assets under management. The firm provides comprehensive wealth management, including investment management, financial planning, tax consulting, and estate and trust services.
Hagenbuch explains that Lido Advisors views mergers and acquisitions as a foundation for future organic growth. Rather than taking a volume-driven approach, the firm follows an integrator model, focusing on opportunities with strong cultural and philosophical alignment and the ability to successfully integrate. When evaluating prospective partners, Hagenbuch highlights three key factors: geography, talent, and growth orientation. He emphasizes finding and retaining multi-generational talent, noting that roughly three-quarters of Lido’s employees are shareholders. The firm also looks for entrepreneurial-minded advisors who share its focus on growth.
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