Lido Advisors Acquires Sterling Bancorp Subsidiary Quantum Capital Management’s Wealth Management Business
LOS ANGELES--(BUSINESS WIRE)--Lido Advisors, LLC, (www.lidoadvisors.com) - a full-service, independent, registered investment advisory firm - today announced the acquisition of the wealth management business of Quantum Capital Management (QCM), a wholly owned subsidiary of Sterling Bancorp, Inc. (NASDAQ: SBT). The deal, which is scheduled to close before 2021, provides Lido Advisors with a highly experienced team based in San Francisco, a market in which the company has realized great success in the past and expects significant growth in the future.
“As unpredictable as the year has been, we are proud to have continued on a consistent growth trajectory that positions our clients
