San Diego RIA managing $408 million merges into $2.77 billion Lido Advisors

Ken Stern & Associates, a San Diego,Calif.-based RIA firm managing $408 million in assets, has merged with Lido Advisors, a Los Angeles-based registered investment advisory firm managing $2.77 billion in assets.

Lido has an office in San Diego, as well as in 11 other cities in the U.S. It was founded in 1999 by Greg Kushner, who serves as its senior managing director and chairman.

Ken Stern & Associates was founded in 1998 by Ken Stern, who has become a managing director of Lido.