Lido Advisors: Platform Profile

Overview

Lido Advisors is an SEC-registered investment adviser operating under the Lido brand.

Current regulatory identity:

• Investment adviser: Lido Advisors, LLC
• CRD: 269866
• SEC number: 801-100433

Current 2026 pricing has three details that should appear together:

• General minimum: $1,000,000
• Minimum waivable: Yes
• Minimum asset management fee: $2,500/quarter
• Minimum annual fee: $10,000

Its primary AUM schedule is:

• Under 2m: 1.25%
• 2m or more: 1.00%

The default published method applies the selected rate to the entire managed balance.

Lido also states that it sometimes uses a marginal calculation.

That makes the client's Investment Advisory Agreement more important than a third-party calculator.

May fit better for

• households with approximately $1 million or more;
• clients seeking discretionary or non-discretionary wealth management;
• high-net-worth families wanting private-market access;
• investors comfortable with a $10,000 annual fee floor;
• clients seeking tax, estate or family-office coordination;
• investors comfortable with third-party managers or sub-advisers.

May fit less well for

• small portfolios;
• clients seeking a low-cost automated-only robo;
• investors who want one universal progressive fee formula;
• users who assume the 1.00% rate applies only to dollars above $2 million;
• clients uncomfortable with margin-related fee-base conflicts;
• investors who require daily liquidity from every investment.

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Lido Advisors, LLC is the current legal adviser

Current IAPD information:

• Investment adviser: Lido Advisors, LLC
• Primary business name: Lido
• CRD: 269866
• SEC number: 801-100433
• SEC registration effective: 2015-07-01

The current SEC filing also lists acquired/related business names under the Lido registration.

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Lido generally requires $1 million

Current relationship disclosure:

• General account minimum: $1,000,000
• Minimum waivable: Yes

The firm can waive the threshold.

if the schema distinguishes a general threshold from an absolute non-waivable requirement.

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Primary pricing is cliff-style

Current May 2026 brochure:

• Primary asset fee under 2m: 1.25%
• Primary asset fee 2m or more: 1.00%
• Primary default method: cliff/top-tier

Under the primary method, a $3 million relationship is illustrated as:

$3,000,000 × 1.00% = $30,000

not:

$2M × 1.25% + $1M × 1.00%

That is materially different from a progressive schedule.

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Lido can also use a marginal calculation

The same current brochure says that in certain instances Lido uses a marginal calculation.

Its example:

• first $2 million at 1.25%;
• next $1 million at 1.00%.

For a $3 million account:

$2,000,000 × 1.25% = $25,000

$1,000,000 × 1.00% = $10,000

Total:

$35,000

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The minimum quarterly fee is $2,500

Current brochure:

• Minimum quarterly asset management fee: $2,500
• Minimum annual asset management fee: $10,000

Lido specifically notes that below $800,000 of managed assets, the minimum annual fee represents more than 1.25%.

Example:

$10,000 ÷ $750,000 = 1.33%

That does not mean $750,000 is a standard accepted relationship.

It illustrates the minimum-fee effect when the account minimum is waived or another exception applies.

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Fees are billed quarterly in arrears

Current primary method:

• Billing frequency: quarterly
• Billing timing: in arrears
• Fee base method: average daily market value

Acquired or legacy relationships can have different billing conventions.

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Cash and cash equivalents are in the fee base

Current brochure states:

• Cash in fee base: Yes
• Cash equivalents in fee base: Yes

This creates the ordinary AUM-fee incentive to retain billable assets.

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Margin can increase Lido's advisory fee

Current disclosure states that margin-financed assets can increase total market value and therefore increase Lido's asset-based fee.

Margin also increases investment risk.

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Private and hard-to-value assets can use lagged values

Lido's current brochure describes private, illiquid and hard-to-value holdings.

The latest available valuation can differ from current economic value.

That matters when an advisory fee is calculated from the reported figure.

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Other managers and custodians add fees

Current brochure states that fees from:

• custodians;
• third-party asset managers;
• sub-advisers;
• underlying investment products

can be additional.

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Alternatives can carry performance economics

Lido's private-market and affiliated investment structures can include:

• hedge funds;
• private equity;
• other alternative investments.

Performance-based compensation can arise in specified private-fund or manager arrangements.

Store narrowly:

• Private funds or alternatives: Yes
• Performance economics possible in private funds: Yes

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Lido does not sponsor a wrap-fee program

Current brochure:

• Wrap fee program: No

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Custody is external and relationship-specific

The actual client agreement and account opening documents identify the custodian.

Assessment

Lido's pricing should not be described as a simple two-tier progressive schedule.

The primary method is cliff-style.

At $3 million, the current primary example uses 1.00% on the entire amount.

Lido can also use a marginal method in certain circumstances.

The second important issue is the $10,000 annual minimum fee.

For a waived or exceptional relationship below $800,000, the effective percentage can exceed 1.25%.

The client agreement must therefore answer:

• Which calculation method applies?
• Is the $1 million minimum waived?
• Does the $10,000 minimum fee apply?
• Are private or third-party manager fees additional?
• Which assets, including cash or margin-financed holdings, remain billable?