Santa Monica, CA (PRWEB) July 8, 2009
Miracle Mile Advisors (http://www.MiracleMileAdvisors.com), a provider of customized investment management solutions for high net worth clients, continues to caution the public about market uncertainty and volatility among equities. By using a globally diversified portfolio of Exchange Traded Funds (ETFs), the firm is able to avoid a lot of the challenges plaguing the broader economy, thus providing current and prospective clients a simple, tax-efficient investment solution.
"The recession is a transformative event, changing the way people save and influencing everything from retail sales to stock prices to housing values. The latter are part of this bubble-turned-recession phenomenon, in which there is still plenty of vulnerability. In this environment, where Americans have lost more than $12 trillion in household net worth, we think that global diversification, investment discipline and tax efficiency are the cornerstones of long-term investment success. And, rather than direct money into mutual funds or individual securities, we can customize ETF portfolios based upon the particular needs of our investors," says Brock Moseley, Managing Director of Miracle Mile Advisors. "After all, this economy demands that we isolate an investor's tolerance for downside risk and adjust to changing circumstances. Our approach is the only one of its kind where we monitor, rebalance and respond to ongoing market activity."
International Economic Upheaval: MMA Navigates the Path
The strategic use of ETFs remains a clear, coherent and straightforward plan of investing. "The degree of international economic upheaval is considerable, which demands an investment tool that is liquid and free of the problems associated with actively managed accounts. Additionally, we have the experience to properly advise our clients and navigate a clear path amidst this financial turbulence," states Katherine Krantz, Managing Director of Miracle Mile Advisors.
About Miracle Mile Advisors
Headquartered in Beverly Hills, Miracle Mile Advisors offers customized investment management solutions for high net worth clients. The firm seeks to maximize portfolio performance and minimize risk through the use of transparent, tax-efficient, global active-indexing strategies. Miracle Mile Advisors also provides expanded wealth planning solutions through strategic partnerships in real estate, private equity, venture capital, estate planning and investment banking.