Miracle Mile Advisors Partners with TD Ameritrade in ETF-Based 401k Program

LOS ANGELES, May 28, 2014 /PRNewswire/ -- Miracle Mile Advisors, one of California's fastest-growing independent investment advisory firms, has partnered with TD Ameritrade to launch a modern 401k platform delivering highly customized investment options using a universe of low-cost ETFs. This corporate retirement offering provides access to over 800 ETFs covering a variety of asset classes from some of the most trusted firms in the industry. The all-in annual fees of the plan are projected to be slightly less than 1%; compared to many traditional 401k plans that charge over 2.5%.

By using ETFs as the primary investment vehicle, this platform allows companies to offer retirement benefits with flexible options, lower fees and no proprietary products. In addition to the competitive fee structure of ETFs, the plan features custom modeling, ongoing and on-site investment education and seamless integration assistance.

"ETFs have soared in popularity over past few decades. As a pioneer in active indexing, Miracle Mile Advisors has long recognized that diversified index ETFs with lower fees deliver better results than higher cost mutual funds with underperforming portfolio managers," said Miracle Mile Advisors Managing Director Duncan Rolph. "It is time for companies to offer a more progressive set of options to their employees." Business Development Manager Antonia Burchman confirms that "this initiative will provide both companies and employees with a simple, sustainable retirement solution that is suited for today's investment environment."

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 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 liquid characteristics of Exchange Traded Funds (ETFs) through active indexing. 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

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