Miracle Mile Advisors, a US-based independent investment advisory firm, has expanded its advisory team by appointing Judith Lu and Audra Lalley as financial advisors and managing directors.
The new hires represent the firm’s commitment to reach the market demand for personalized, objective financial advice and tax-efficient portfolios that benefit from the lower cost and liquidity characteristics of exchange-traded funds (ETFs).
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Prior to joining Miracle Mile Advisor, Lu served as senior vice president on City National Bank’s private client services team, while Lalley worked as vice president with Barclays Wealth and Investment Management.
The pair has over 15 years of experience working with high-net-worth families and institutions and are highly involved in local philanthropic causes, including educational women’s groups and local alumni boards.
Additionally, Miracle Mile Advisors is seeking to double the size of their office in West Los Angeles by hiring additional support staff and technology infrastructure.
Duncan Rolph, managing director at Miracle Mile, said: "Both have a wealth of experience and will be an integral part of our team as we continue to provide high net-worth families with a better alternative to institutional asset managers."
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By GlobalDataBrock Moseley, founding partner at Miracle Mile, said: "Miracle Mile’s tremendous growth is really a reflection of the market’s growing recognition that customized, objective advice using low-cost, tax-efficient ETFs simply works better."
