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Lydian is the parent of Lydian Bank & Trust and its Lydian Private Bank division. The company focuses on high-net-worth investors in Florida, offering investments including custom hedge funds, wealth management, and alternative investments. It outsources its wealth management services to banks and brokers through subsidiary Fortigent. Subsidiary VirtualBank.com offers banking and mortgage services online and through a bricks-and-mortar residential lending office in Florida. Lydian sold its operations outside of Florida in 2007 to concentrate its efforts in that state. It also sold its Lydian Wealth Management subsidiary to City National Corporation.
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Address: |
180 Royal Palm Blvd.
Palm Beach, FL 33480
| | Phone: | 561-514-4900 | | Fax: | 561-541-4908 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 182.70 M | | Employees (2008): | 850 |
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Key People
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Chairman and CEO:
Rory A. Brown
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COO:
Richard P. Bursek
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CFO:
Brian Mahoney
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