Miracle Mile Advisors Completes Merger with Johnstone Financial Advisors

Finalization of the merger expands Miracle Mile’s presence and broadens capabilities

LOS ANGELES--(BUSINESS WIRE)--Miracle Mile Advisors (Miracle Mile), one of the fastest-growing independent investment advisory firms, has announced the completion of a merger with Johnstone Financial Advisors (Johnstone). The team, based out of Lake Oswego, Oregon, adds a team of six to Miracle Mile with a combined 46 years of experience. The merger also increases Miracle Mile’s AUM by $150 million.

Along with expanding Miracle Mile’s presence in the Pacific Northwest, the Johnstone team brings a wealth of experience servicing complex high-net-worth estates. “Our integration with Miracle Mile has allowed us to spread our wings and reach more individuals and families in need of top-tier financial services,” says Grant Johnstone, managing director. “This merger has also provided us the opportunity to expand our services by working alongside some of the best in the business who truly value client relationships and providing tailored investment advice.”

Miracle Mile has incorporated the Johnstone team seamlessly into their award-winning culture and provided existing clients with full transparency and hands-on guidance throughout the transaction.

“By joining forces with the great minds at Johnstone Financial Advisors, we’re able to expand our footprint and deepen our bench of professional and experienced financial professionals,” says Matthew Granski, president at Miracle Mile Advisors. “We are constantly growing and looking for new opportunities to expand our services and better serve both current and future clients. This partnership does just that. We couldn’t be more excited about the wealth of knowledge the Johnstone team provides and are looking forward to a strong future together.”

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.