IDB Lido Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
IDB Lido Wealth reports 209 clients. They include 152 high-net-worth individuals, 31 corporations and other businesses, and 19 individual clients. Of its assets, 100.0% ($478M across 329 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 9% | 3% |
| High-net-worth individuals | 73% | 70% |
| Charitable organizations | 3% | 1% |
| Corporations and other businesses | 15% | 25% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 19 | $16.1M | 3.4% | $849K |
| High-net-worth individuals | 152 | $337M | 70.4% | $2.21M |
| Charitable organizations | 7 | $7.12M | 1.5% | $1.02M |
| Corporations and other businesses | 31 | $119M | 24.8% | $3.82M |
| Total | 209 | $478M | 100% | $2.29M |
- Clients
- 19
- Regulatory AUM
- $16.1M
- AUM share
- 3.4%
- Avg. per client
- $849K
- Clients
- 152
- Regulatory AUM
- $337M
- AUM share
- 70.4%
- Avg. per client
- $2.21M
- Clients
- 7
- Regulatory AUM
- $7.12M
- AUM share
- 1.5%
- Avg. per client
- $1.02M
- Clients
- 31
- Regulatory AUM
- $119M
- AUM share
- 24.8%
- Avg. per client
- $3.82M
Total
- Clients
- 209
- Regulatory AUM
- $478M
- AUM share
- 100%
- Avg. per client
- $2.29M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
IDB Lido Wealth charges 1.00%–1.25% a year for its Asset Management Fees. The fee is billed in arrears and has a $10,000 annual minimum. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Asset Reporting Services
- Tracking and reporting on assets IDB Lido does not manage is billed at a reduced annual fee of 0.25%, added to the asset management invoice.
- Consultation and Financial Planning
- Consultation, including financial planning, is typically billed at $500 an hour, or at a negotiated fixed or percentage fee based on client assets.
Lido Advisors owns 50% to 75% of IDB Lido Wealth. Iynkaran Kanapathipillai is CEO; the leadership team includes Chief Compliance Officer Tina Mitchell. It has 14 employees, 9 of them in advisory roles.
Leadership
- Iynkaran KanapathipillaiChief Executive Officer
- Tina MitchellChief Compliance Officer
- Sagy AserafDirector and Manager
- Jason LeeDirector and Manager
- Avner MendelsonDirector and Manager
- Jason OzurBoard Chairman and Manager
- David ParkDirector and Manager
- Kenneth SternDirector and Manager
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
Staff
- 14 employees
- 9 in advisory functions
- 9 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of Idb Lido Wealth, LLC
Lido Advisors
Control person · since June 2022
- Owns 50% to 75% of Idb Lido Wealth, LLC
Israel Discount Bank of New York
Control person · since June 2022
- Owns 75% or more of Israel Discount Bank of New York
Discount Bancorp, Inc.
Control person · since February 2000
- Owns 75% or more of Discount Bancorp, Inc.
Israel Discount Bank LTD
Control person · since February 2000
IDB Lido Wealth’s regulatory assets grew 15.2× from $31.5M (August 2023) to $478M (July 2026); clients rose from 20 to 209 and employees from 10 to 14.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $478M | 209 | 14 | 3 |
| April 2025 | $338M | 158 | 14 | 3 |
| March 2024 | $93.6M | 64 | 14 | 3 |
| August 2023 | $31.5M | 20 | 10 | 3 |
Besides its headquarters, IDB Lido Wealth has 2 offices, with 3 listed addresses in California, Florida and New York.
California · 1 listed address
- 1875 Century Park East, Century City
Florida · 1 listed address
- 1875 NW Corporate BLVD, Boca Raton
New York · 1 listed address
- 1114 6th Avenue, 9th Floor, New YorkHQ
Contact and registration details
- Legal name
- Idb Lido Wealth, LLC
- Headquarters
- 1114 6th Avenue, 9th Floor, New York, NY 10036
- Website
- idblidowealth.com
- Phone
- 646-839-9793
- @idb-lido-wealth-llc
- SEC file
- 801-126779
- Structure
- Delaware LLC
- Fiscal year end
- December
IDB Lido Wealth uses Charles Schwab ($478M) as custodian for its separately managed accounts. IDB Lido Wealth has custody of $7.13M in client assets for 16 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Diego, CA · $478M100%
At year end, IDB Lido Wealth’s separately managed accounts were largely in funds (43%) and stocks (21%).
What the accounts hold
- Stocks21%
- Funds43%
- Registered funds39%
- Pooled vehicles4%
- Bonds20%
- U.S. government and agency bonds15%
- State and local bonds4%
- Investment grade corporate bonds1%
- Cash9%
- Other7%
- Derivatives7%
How many clients does IDB Lido Wealth have?
IDB Lido Wealth has 209 clients and manages $478 million for them, as of July 2026. They include 152 high-net-worth individuals, 31 corporations and other businesses, and 19 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 July 2026
What services does IDB Lido Wealth offer?
IDB Lido Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does IDB Lido Wealth charge?
IDB Lido Wealth charges 1.00%–1.25% a year for its Asset Management Fees. The fee is billed in arrears and has a $10,000 annual minimum.
Source: FORM ADV PART 2A DATED JULY 27, 2026, filed 27 July 2026
Which custodians does IDB Lido Wealth use?
IDB Lido Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Diego, CA), with $478M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 July 2026
How many financial advisors does IDB Lido Wealth have?
IDB Lido Wealth has 9 investment adviser representatives registered with state securities authorities, out of 14 employees, and 9 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does IDB Lido Wealth invest in?
At the end of its last fiscal year, IDB Lido Wealth’s separately managed accounts held 39% registered funds (mutual funds, ETFs, BDCs), 21% exchange-traded equities, 15% U.S. government and agency bonds, 9% cash and equivalents, 7% derivatives, 4% state and local bonds, 4% pooled vehicles (private funds and similar) and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns IDB Lido Wealth?
IDB Lido Wealth is owned through a chain of holding companies by Israel Discount Bank LTD. Its direct owners are Lido Advisors (50% to 75%) and Israel Discount Bank of New York (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 July 2026
How does IDB Lido Wealth get paid?
IDB Lido Wealth is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is IDB Lido Wealth registered with the SEC?
Yes, IDB Lido Wealth has been registered with the SEC as an investment adviser since 5 December 2022. Its CRD number is 322488 and its SEC file number is 801-126779.
Source: Form ADV Part 1A, Item 1, filed 27 July 2026; IAPD firm record
How do I contact IDB Lido Wealth?
IDB Lido Wealth’s main office is at 1114 6th Avenue, 9th Floor, New York, NY 10036. Its phone number is 646-839-9793. Its website is idblidowealth.com.