Miracle Mile Advisors Completes Merger with Castle Asset Management | Business
LOS ANGELES–(BUSINESS WIRE)–Nov 8, 2021– Miracle Mile Advisors (Miracle Mile) is pleased to announce the…
LOS ANGELES–(BUSINESS WIRE)–Nov 8, 2021–
Miracle Mile Advisors (Miracle Mile) is pleased to announce the completion of a merger with Castle Asset Management. The team, based out of Hauppauge, New York, adds four members to the fast-growing Miracle Mile team with a combined 104 years of experience. The merger also increases Miracle Mile’s AUM by $375 million, bringing the award-winning firm’s total AUM to $3B.
The New York firm designs powerful strategies that serve as the foundation of its client’s financial blueprint. Along with expanding Miracle Mile’s presence on the East Coast, Castle will continue to offer financial strategies that build wealth, reduce risk and enhance the financial security of their clients.
“We believe our views and strategies align perfectly with Miracle Mile, and we are excited to come together to build new relationships and serve our current and future clients under the Miracle Mile banner,” says John Caffrey, owner of Castle Asset Management. “Castle’s goal has always been to create additional wealth and protection from financial loss. We look forward to continuing this as part of the Miracle Mile team.”
“The decision to partner with the Castle team was a no-brainer. John and his team bring a wealth of expertise and a value-system that mirrors our award-winning culture. We are thrilled to welcome them to the team as we expand our footprint on the east coast,” says Matt Granski, president at Miracle Mile Advisors. “Across our firm, our advisors take an analytical approach and apply it to clients’ personal needs to provide the best possible outcome, and we are excited to join together with the Castle team who share the same strategy and mindset.” This deal comes on the heels of Miracle Mile’s recent merger with Johnstone Financial Advisors, which expanded the firm’s presence in the Pacific Northwest.
About Miracle Mile Advisors
Miracle Mile Advisors is a registered investment advisor committed to providing dynamic financial planning and custom investment management to high-net-worth individuals, families, business owners and institutions. Miracle Mile’s advisors integrate clients’ ambitions with best-in-class guidance, advice, and technology and have been recognized across leading industry awards such as Barron’s, Financial Times, Forbes, Inc., and InvestmentNews. To learn more, visit: www.miraclemileadvisors.com.
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Gregory FCA for Miracle Mile Advisors
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: CONSULTING PROFESSIONAL SERVICES FINANCE
SOURCE: Miracle Mile Advisors
Copyright Business Wire 2021.
PUB: 11/08/2021 09:06 AM/DISC: 11/08/2021 09:06 AM
Copyright Business Wire 2021.