Lido Advisors Acquires $1.2B Fountainhead Advisors, Expanding Bicoastal Reach 

Wealth advisory firm Lido Advisors has acquired Fountainhead Advisors, an independent RIA headquartered in Warren, New Jersey, managing approximately $1.2 billion in regulatory assets under management (RAUM). Fountainhead also maintains an office in San Ramon, California. 

“This partnership expands our national footprint in two key markets and adds a team deeply aligned in culture, values, and vision,” said Ken Stern, President of Lido Advisors.  

Fountainhead is known for working closely with affluent families. Its advisors now join Lido’s broader platform, combining Lido’s full-service offering—including estate and tax planning, legacy services, and access to alternative investment strategies—with Fountainhead’s niche insurance expertise. 

Lido’s acquisition of Fountainhead is the latest in a string of strategic expansions that has pushed the firm’s AUM past $38 billion across 45 offices nationwide. In recent months, Lido has added Olympus Wealth Management ($850 million), Exchange Capital Management ($830 million), Avitas Wealth Management ($1.1 billion), Pegasus Partners ($3 billion), and Copperwynd Financial ($720 million).  

The firm also recently welcomed HPS Investment Partners as a new strategic investor, joining existing backers Charlesbank Capital Partners and Constellation Wealth.