Miracle Mile Advisors, LLC Expands to Orange County with the Addition of Palo Capital's Team
LOS ANGELES, Jan. 16, 2019 /PRNewswire/ -- Miracle Mile Advisors, one of California's fastest growing independent investment advisory firms, has expanded its presence to Newport Beach, California through the addition of the principals of Palo Capital, Inc. including Kevin O'Grady, Nella Webster and Kevin Barlow.
This is part of Miracle Mile's strategic plan to expand its comprehensive offerings to additional markets and to strengthen its position as a leader in providing sophisticated financial advice to high net worth families.
Palo Capital, Inc., founded in 2005 by Kevin O'Grady, manages $300 million in assets for approximately 150 clients. With the addition of the Orange County office, Miracle Mile Advisors now manages approximately $1.5 billion in assets.
The clients of Palo Capital will benefit through enhanced platform offerings, full spectrum financial planning services and operational efficiencies that Miracle Mile will bring.
"We are excited to welcome the Palo Capital team and their clients to our Miracle Mile family," said Brock Moseley, founding partner of Miracle Mile Advisors. "The similarities in our firms' standards of excellence, values and ethics make for a bright future together."
Palo Capital's founder Kevin O'Grady said: "We are most pleased to be joining Miracle Mile. Our firm was founded to deliver a high level of investment advice and service to a client base that began as friends and family and expanded from there. We are confident our clients will benefit from Miracle Mile's more extensive capabilities and operational efficiencies while preserving the attributes that have made Palo Capital special."
About Miracle Mile Advisors: Miracle Mile Advisors is a leader in providing independent investment advice to high net worth families and businesses nationwide. As one of the fastest growing independent registered investment advisors in Los Angeles, the firm is committed to providing sophisticated, customized and objective financial plans using portfolios with low cost and tax efficient strategies for risk management.
About Palo Capital: Palo Capital is an independent RIA providing comprehensive wealth and investment management services. Through a talented investment team, Palo offers multiple investment strategies using a disciplined, empirically-derived investment process.
For media inquiries, please contact Brian Hart of Flackable at 866-225-0920 ext. 101 or [email protected].
Contact:
Antonia Burchman
Miracle Mile Advisors
310-246-1243
[email protected]
Brian Hart
Flackable
866-225-0920 ext. 101
[email protected]
SOURCE Miracle Mile Advisors
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