Miracle Mile Advisors Continues Swift Expansion with Addition of Portfolio Manager Carl Aschenbrenner

LOS ANGELES, Sept. 10, 2014 /PRNewswire/ -- Miracle Mile Advisors, one of California's fastest growing independent investment advisory firms, has announced the addition of Carl Aschenbrenner as Portfolio Manager. Carl will strengthen the firm's research process and individual security selection as well as manage client portfolios.

Prior to Miracle Mile, Carl served as an investment professional with an independent investment management firm, Stonebridge Capital Management, Inc. His primary responsibilities included fundamental bottom-up equity research, portfolio management, and macroeconomic research all while supporting institutional growth equity strategies and high-net-worth separate accounts.

"Carl's analytical skills and finely tuned knowledge of the markets will strengthen Miracle Mile's Investment Committee. His background in asset allocation and macro research will enhance the overall construction of our ETF-based portfolios. We are very excited to welcome him to the team," said Brock Moseley, Founding Partner at Miracle Mile.

Miracle Mile Advisors also welcomed two industry veterans earlier this year, Judith Lu and Audra Lalley, along with additional support staff. The expansion of their investment and advisory teams demonstrates the firm's dedication to providing their clients with savvy, macroeconomically sound portfolio recommendations and meeting the market demand for tax-efficient portfolios structured around liquid, low-risk ETFs and index funds.

For media inquiries, please contact Brian Hart of Flackable, LLC at 215-429-8569 or [email protected].

About Miracle Mile Advisors: Miracle Mile Advisors is a leader in providing independent investment advice through active indexing 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 developing tax-efficient portfolios that benefit from the lower cost and liquidity characteristics of exchange-traded funds (ETFs). To learn more about Miracle Mile Advisors, please visit www.miraclemileadvisors.com.

CONTACT:

Antonia Burchman
Miracle Mile Advisors
310-246-1243
[email protected]

Brian Hart
Flackable, LLC
215-429-8569
[email protected]

SOURCE Miracle Mile Advisors