Lido Advisors, LLC, a full service, independent, registered investment advisory firm, announced today that its Chicago-based Senior Managing Director, Michael J. Karsa, was ranked at number 269 on the 2021 Forbes listing of the 500 Top Next-Gen Wealth Advisors. Now with one billion dollars of Assets Under Management (AUM), this represents a significant jump since last year when Karsa received a number 484 ranking.
The Forbes Next-Gen Wealth Advisors rankings, developed by SHOOK Research, is based each year on a proprietary algorithm of qualitative criterion, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Participants do not pay a fee for consideration.
Ken Stern, President of Lido Advisors, said: “We are thrilled with how Mike and his team performed this year and this acknowledgement from Forbes is well-deserved recognition. Lido’s ethos is rooted in an unwavering commitment to our clients. The team exhibits this commitment to the highest level and clearly it shows.”
Forbes said: “With anxiety over changes to the tax code mounting and market volatility looking to make a return, financial advisors are earning their keep these days. With the average age of established advisors well above 50, the next generation of wealth managers is emerging–and building expertise to help clients for decades to come. The 500 advisors honored on this list manage more than $1 trillion for clients and surely have long careers ahead of them as they look to continue to build their practices into the future.”
As a Registered Investment Adviser, Lido Advisors provides institutional level investment manager and wealth advisory services. ACT Lido is a proACTive approach to investment management including alternative, core and tactical strategies. Lido’s wealth advisory approach considers tax and estate concerns with a goal to partner with our clients in growing, maximizing and protecting their life and legacy. Our services are tailored to the unique situations of high net-worth individuals, trusts and family offices. Constantly aligned with the interests of the clients they serve, Lido Advisors’ core principles include maintaining the highest levels of integrity and transparency in the process
