Lido Advisors, a wealth management firm, has purchased Enterprise Trust & Investment Company.

ETIC is a trust company providing private trustee services and investment management to endowments.

Marc Rebboah, CEO of ETIC, “The core of ETIC’s vision has always been to provide our clients with an unparalleled level of personalized attention and act in their sole best interest to protect their assets. Lido shares our vision and commitment to excellence while bringing significant resources and highly complementary expertise. We look forward to a long and successful partnership.”

Alston & Bird LLP served as legal counsel to Lido. Piper Sandler served as financial advisor to ETIC and Manatt, Phelps & Phillips LLP served as its legal counsel.