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Miracle Mile Advisors adds Palo Capital’s team


Independent investment advisory firm Miracle Mile Advisors 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 USD300 million in assets for approximately 150 clients. With the addition of the Orange County office, Miracle Mile Advisors now manages approximately USD1.5 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,” says 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.”
O’Grady says: “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.”

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