Lido Advisors, OnePoint BFG, and Bogart Wealth have each made significant additions to their C-suite and executive leadership as the three nationally recognized RIAs aim to accelerate their organic and M&A strategies.
Los Angeles-based Lido Advisors named Brian Haloossim as president and elevated founding partner Ken Stern to co-chief executive officer alongside Jason Ozur, the firm's existing CEO.
Lido manages more than $42.5 billion in regulatory assets under management – nearly doubling from $24 billion in the past 18 months – across more than 40 offices and roughly 250 employee-owners.
Haloossim comes from Bernstein Private Wealth Management, where he spent more than two decades in senior national leadership roles focused on complex clients and business owners. At Lido, he will concentrate on organic growth, brand development, and expanding the firm's private wealth capabilities.
Haloossim said what drew him to the firm was "a combination of the entrepreneurial spirit that has led to their enviable growth, a platform that is genuinely built for complexity and a culture that puts the clients first in everything it does."
Ozur, in a statement, described Haloossim as someone who has "built businesses, elevated offerings and spent decades earning the trust of clients through extraordinary complexity," adding that the new structure gives the firm "the team to do what we set out to do."
Stern's elevation to co-CEO formalizes an operational role he has long held as a founding partner. Both Ozur and Stern will remain on the investment committee and continue shaping the firm's strategic direction and client experience.
The move also builds on the additions of Justin Barish as chief marketing officer and Elena Ro, a longtime leader at the SEC, as chief compliance officer and special counsel last summer.
Parsippany, New Jersey-based OnePoint BFG Wealth Partners, which crossed $16 billion in assets under management, appointed Sam Cari as chief strategy officer.
In the newly created role, Cari will oversee corporate strategy, advisory delivery, and M&A activity for the firm.
Cari spent more than a decade at NorthRock Partners, where he helped guide the firm from $600 million to $11 billion in AUM. At NorthRock – where he was named the firm's youngest-ever partner – he led acquisitions, ran the enterprise risk management program, and founded the trust and estate planning practice.
He will report directly to CEO Andy Schwartz and be based in the Minneapolis office.
Schwartz said Cari's "combination of strategic vision, deal experience and deep understanding of advisory delivery" makes him a strong fit, noting that the firm is "continuing to expand our national presence through aligned partnerships."
The hire comes amid a string of recent acquisitions for OnePoint BFG. The firm closed a deal with Spahn Financial Partners late last year, followed by a transaction with Voyage Wealth Architects and, earlier this month, a partnership with Armstrong & Sinoff Financial.
Bogart Wealth, a fee-only RIA founded in 2016 and focused on corporate executives and Fortune 500 professionals, named Bryce Black as director of corporate development – a newly created position.
Black will lead sourcing, evaluation, and integration of potential partner firms, reporting to firm leadership as Bogart pursues a selective M&A strategy.
Black brings more than a decade of experience across corporate development and consulting, including more than a dozen acquisitions spanning RIA mergers and wirehouse lift-outs. He previously served as senior vice president of corporate development at Robertson Stephens and held roles at Focus Financial Partners and PwC.
Jeff Fuhrman, president of Bogart Wealth, said the firm is focused on partners where there is "a strong cultural fit, a clear client benefit, and a shared belief in where the business can go," and that Black brings "the experience to evaluate opportunities with discipline, but also the judgment to understand each firm has its own history, strengths, and people."
The firm has been laying groundwork for external growth over the past 18 months, adding leadership, strengthening operations, and bringing in a minority investment from Constellation Wealth Capital.
Bogart's existing client focus – complex benefit compensation, retirement planning, and career transitions for employees at large companies – will guide which partnership targets it pursues.
Correction: An earlier version of this article erroneously indicated OnePoint BFG is based in Minneapolis. We regret the error.
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